A KiwiBank CEO discusses the current state of the New Zealand economy, highlighting household financial stress, small business struggles, and the need for cautious monetary policy amid inflation and weak consumer confidence.
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Uh, repair job is probably the way I'd describe it. Um, you know, budget where there's nothing to give away, real no really no room to move, as far as I can see. As you said, economy's pretty soft, except for some good spots like you mentioned. World's very volatile, and I think the government's saying we've got no money to spray around.
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pragmatic, slow recovery amid volatility
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