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This week it's all about the economy (outside of a bit of Sail GP chat of course), after the release of the GDP data for Q4 last year confirmed we're officially back in a recession, the second time in a year for the classic double dip. What does it all mean though and what does the more timely NZAC tell us about how 2024 has started?
Kelvin also speaks about the CoreLogic release of the monthly chart pack, where the property investor situation was a core focus.
The International Monetary Fund (IMF) also paid a visit to the CoreLogic offices recently, as part of their usual fact finding mission to put together their latest Article IV report. Taxes once again were a topic of interest - with housing in the spotlight.
The lingering question though is how and when could we really see a fundamental shift in the NZ tax system? Following the leader of the opposition, Chris Hipkins opening the door on capital gains/wealth/land taxes again over the weekend though, perhaps it's sooner than we'd originally thought?
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