New Zealand’s Economic Growth Forecast to Outstrip Australia’s

Date:

New Zealand’s Economic Growth Forecast to Outstrip Australia’s

Ponsonby streets welcome shoppers in Auckland, New Zealand, on Feb. 18, 2021. Greg Bowker/Getty Images

New Zealand’s economy—which is emerging from what Treasury admits is a “protracted recession”—is set to outperform Australia’s, according to the latest Westpac forecast.

The banks’ senior economist, Satish Ranchhod, has released new research comparing the two trans-Tasman economies and says Australia will be outperformed by its neighbour in the next few years.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Online Platforms Must Comply With Take It Down Act: FTC

First Lady Melania Trump signs the Take It Down...

Amazon Rolls Out 30-Minute Delivery as Retail Speed Race Intensifies

Amazon Delivery signage is displayed outside an Amazon.com Inc....

Gas Prices Lift US Inflation to 3.8 Percent, the Highest Level in Nearly 3 Years

A man uses a gas station in Columbia, Md.,...

Taylor Vows to Block Labors Negative Gearing and CGT Changes

Leader of the Opposition Angus Taylor looks on during...