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There’s a view growth is coming, despite a grim outlook for the New Zealand economy.
The half year economic and fiscal update shows a surplus is not expected until at least 2029.
Cost savings which have led to job cuts and re-prioritisation in the public sector this year are set to continue.
Independent tax expert Geof Nightingale told Heather du Plessis-Allan there are green shoots of economic activity.
He says unemployment's not as bad as it was, and wages are growing, both of which will help with our growth.
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