CTU Monthly Economic Bulletin – September 2017

We won’t know for a while which parties will make up the new New Zealand Government. Whoever it is will face the same challenges.

The most likely shocks to New Zealand’s economy are from the international economy and from a crash in the housing market. There are still many concerns in Europe, the US, even China, and Australia. Another financial crisis is not impossible. We need to reduce New Zealand international debt (almost all private, mainly the banks: more affordable housing would help) increase saving, be ready to control international financial flows, and increase exports.

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