In fact, relying on this cyclical economic recovery might not be enough. As well as reeling off all the upbeat economic data, Luxon acknowledged that telling people the economy is better doesn’t work. People have to actually feel better off. “It’s unclear how much of an economic rebound we can enjoy before it becomes a problem,” ANZ chief economist Sharon Zollner said. So the Government needs to keep selling the idea of steady and stable economic management, paying off in the long run.

Source: New Zealand Herald January 24, 2026 17:31 UTC