Craig Stobo on the State of New Zealand's Economy 

How does one get inflation in line when Local Councils and Insurance Companies are driving inflationary increases?

House prices are so overly bloated that it's essentially screwed the economy because people can't afford a basic 2 bedroom flat, and the prices of everything has risen because of real estate. It's interconnected. Short term greed is the lesson here. Self inflicted gunshot to the foot. Congrats, NZ. You've done it to yourselves.

Need to cut government by 25% To get back inline with your economy instead of printing money that will increase inflation.

Migrants are helping, you taking the Mickey, it’s due to migrants we have higher prices, less availability of housing, and lower wages. Might be good for them rich landlords and worker exploitation, it’s been bad for the average Kiwi.

What's good for the landlord is eventually good for the renter, but we do have to recover from Labour. What's good for the reserve bank will eventually be good for NZ, but we do have to recover from Labour. Don't forget, Labour were trying to plunder everyone's kiwi-saver, but the banks are too powerful. Shame on Parker and Robertson. Shame on the Dame!

Wheres the story on National selling out nz , to Blackrock. Allowing foreign investors to own more than one rental dwelling. It will be the end of the nz housing dream

Never expected to see Duncan garner back on after all he said about the platform in the herald!

dont' forget, Adrian Orr. governor of the reserve bank said "we have "engineered" a rescession

When a market place has housing as its biggest "industry" and a huge marketing machine around it, driven only by earnings it will fail. It is the real estate job to push prices up as much as they can because they earn more, simple as. Everybody has been happy to talk portfolios, capital gains, return on investment all the time while real estates get ritcher and ritcher. Glory days over I'm afraid. When a very large real agent in Hamilton has a "Million Dollar" club where the person grossing the most commission over one million dollars is sale person of the year, thats how much interest they have in pushing housing up. Porsches are not free......

10 years from now there will be interviews on why everyone left and why the nz asian party in parliament has done so well

Houses at least 25% over priced.

This is our country and it is not for sale

Inflation will go up again if and when the world oil price rises...

NZ whole economy is sitting on top of the housing industry. It's a bubble. The value of your house increases but where is that extra $ going to come from? It has to come from somewhere? Loan, extra $ for what value? We are buying up houses on loans on fake valuation. 2 bedroom houses for 1 mil plus? Something is not right there.

dropping rates does nothing to inflation rates, history this despite what economists say. Inflation is always a monetary thing, with a 23 month lag. You print money, you get inflation.

Another problem is too few people have all the money and most have none.

House prices need to halve

The sooner NZ applies for entry to BRICS the better.

many people in NZ will have seen high interest rates it went nuts during the 80's 20% on your mortgage etc , it's actually in recent terms quite reasonable, yes we are struggling but only because of our over priced housing market and over priced supermarkets.

Fascism economy in the making here in LoozyLand

The social and primary standard of living moderator in ANZ was the Trade Union movement, enshrined in law up to the ECA and ERA. Legislative strategies from consecutive anti worker governments have marginalised unions via their corporatisation as self serving businesses and constant propaganda of anti unionism, a lot was of their own making too. The economy is very wealthy in ANZ where the workers produce for an export sales market of 90 million people and the wealth and excessive profits are stripped towards the employers and many overseas owners at the ecspense of the workers standard of living low wages here. Hence the workers have little choice but to export themselves, mainly to Aistralia, to maintain their standard of living. This has been occuring since the early 1980s and the development of anti worker union organisations, whilst the government encourage wealthy people to ANZ along with cheap ununionised labourers, many from 3rd world countries, so much for patriotic bs the governments all spout. Bring back compulsory unionism.

I love " experts" with their fancy words,,,,,, but know nothing The Economy is fundamentally Broken Interest on loans which generate currency not "money" The purchasing power of the toilet paper is near on - 98% meaning you need more toilet paper to buy the same item

The state of it. Not a single word about manufacturing, primary industries or tourism even. Do these guys think NZ's economy is just housing with a few bits tacked on?

Not interested with that host.

There's a few contributing factors but one specifically that's always left out of the majority of conversations. ???