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"We are turning the corner": Finance Minister's positive after GDP rise

Author
Newstalk ZB,
Publish Date
Fri, 21 Mar 2025, 8:15am
Finance Minister Nicola Willis. Photo / Mark Mitchell.
Finance Minister Nicola Willis. Photo / Mark Mitchell.

"We are turning the corner": Finance Minister's positive after GDP rise

Author
Newstalk ZB,
Publish Date
Fri, 21 Mar 2025, 8:15am

The Finance and Growth Minister is confident the economic turnaround will continue. 

Latest figures show we're officially out of recession, after our economy grew 0.7% between October and December. 

Nicola Willis says we're going to continue to see growth in tourism and agriculture exports. 

She told Mike Hosking households should also be getting more disposable income as they switch over to lower mortgage rates, that will flow through into the economy. 

Willis says the consensus among forecasters is for growth to accelerate this year. 

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