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HYEFU: Economic growth likely to take longer - experts

Author
Newstalk ZB,
Publish Date
Tue, 17 Dec 2024, 2:43pm
Photo / Getty Images
Photo / Getty Images

HYEFU: Economic growth likely to take longer - experts

Author
Newstalk ZB,
Publish Date
Tue, 17 Dec 2024, 2:43pm

The grim outlook for the economy in the coming years doesn't come as a surprise to experts.

Treasury's opened its books for the Half Year Economic and Fiscal Update - showing the expected surplus has been pushed out from 2027 to beyond 2030.

Infometrics Principal Economist Brad Olsen says economic recovery will likely be a slow-burn process - slower than the 'survive til '25' timeline.

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