Rockstar Economy all Smoke and Noise

With our currency effectively at parity with the Australian dollar and house prices boom-ing everything must be great in the “rockstar” New Zealand economy, right? I’m not so sure.

Let’s look at the economic growth achieved in 2014. Headline real GDP growth was a very impressive 3.5 per cent. However, population growth was 1.6 per cent so per capita GDP growth was only about 1.8 per cent. Please click here to read more.