[link removed]

[link removed]

I know many New Zealanders are frustrated right now - growth has been uneve=
n, combined with global uncertainty.
=C2=A0
This week, I spoke with Mike Hosking about the tough GDP numbers and what=
=E2=80=99s really behind them. One quarter doesn=E2=80=99t tell the full st=
ory. In the first three months of this year, we grew 0.9% - three times fas=
ter than Australia and double economists=E2=80=99 forecasts.
=C2=A0
There are already signs of progress: job ads rising, retail spending improv=
ing, and almost half of mortgages are set to shift to lower rates, easing p=
ressure on households.
=C2=A0
We=E2=80=99re focused on what matters- fast-tracking $7 billion in roads, s=
chools, and hospitals before Christmas, fixing energy policy to support man=
ufacturing, investing in tourism, and securing new trade deals.
=C2=A0
I didn=E2=80=99t take this role to manage easy times. I=E2=80=99m here to h=
elp turn things around =E2=80=94 being upfront, making tough calls with a s=
teady plan for stability, investment, and growth.

We=E2=80=99re taking a balanced, responsible approach to fix the economy, b=
ecause New Zealand deserves nothing less.
=C2=A0
Listen to my full interview[here.]([link removed]
-hosking-breakfast/audio/nicola-willis-finance-minister-on-the-gdp-dropping=
-09-a-new-reserve-bank-governor/)
=C2=A0
Nicola Willis
Spokesperson for Finance=C2=A0

=E2=80=8A

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Authorised by J de Joux, 41 Pipitea St, Wellington.

=C2=A9 2025 | All rights reserved.

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