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Going deep on the MPS - with Brad Olsen

The NZ Property Market Podcast

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The Reserve Bank's Forecast for a Technical Recession

Treasury has got no recession coming forward. I'm not quite sure how you have more spending than your first thought but less money coming in. As to Q1, at the moment our model was showing anywhere from sort of a flat quarter to ever so slightly up 0.1% maybe was our first preliminary cut. And part of that is that you've got still that tourism boost coming forward and you've got more people working. Equally, I think, so look, you could avoid recession technically there. You could also have it. If we borrowed, I don't know, five years worth of spending all in one year to get us through COVID, at some point, you

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