Cost of residing: Business expert says New Zealand’s political parties don’t have handle on the economy & More Trending News


When requested if he thought any of the political parties had a handle on the economy 

Stuff enterprise reporter Dileepa Fonseka repled “not really.”

Fonseka, who appeared on Newshub Nation’s last present and Christmas Party, stated all of New Zealand’s political parties are struggling to handle the economy. 

“I think you’ve got a lot of different competing political priorities here. You’ve got National running a bit of a small target kind of strategy, trying to promise as little as they can,” Fonseka instructed Newshub Nation co-host Rebecca Wright. 

“Labour is, I think, trying to come to terms with a vastly different fiscal situation than before and monetary situation and I think there is just a lack of sort of solutions.” 

Fonseka added that he feels the present financial state of affairs has parallels to what occurred in 2008. 

“You had protests in the Asian community around law and order. You had a financial crisis because financial crisis pre the financial crisis of the property bubble going down,” Fonseka instructed Newshub Nation’s Christmas Party.

“I guess this is a chance for parties to rehash that election and will we get a different result?” 

Appearing on Newshub Nation alongside Fonseka, NZME’s head of enterprise Fran O’Sullivan stated the political parties want to make use of the summer time to iron out their insurance policies for the economy. 

“I think it’s going to be difficult, but also and I’m sure the parties will be tempted to do a bit of a lolly scramble in the way they do, but I really think they have to hold the course,” O’Sullivan stated. 

“They’ve received to have a wise fiscal coverage, not give in to spraying money round. I believe that is fairly vital as a result of we have got home costs slipping, we have got price of residing rises and we have additionally received issues getting staff. 

“It’s a very rich cocktail and not easy to deal to, but the sooner everybody admits this problem stays focussed, the sooner we get out of it.” 

Cost of residing: Business expert says New Zealand’s political parties don’t have handle on the economy

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Cost of residing: Business expert says New Zealand’s political parties don’t have handle on the economy

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Cost of residing: Business expert says New Zealand’s political parties don’t have handle on the economy

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