AGP Executive Report
Last update: 6 hours agoElection and Economy: Advance voting opened ahead of New Zealand’s November 7 election, with the parties campaigning on growth and the cost of living. Business leaders also flag energy security as a major risk. Rates and Currency: Annual inflation eased to 3.7% in the September quarter, but economists widely expect the Reserve Bank to raise the OCR on Wednesday; the kiwi dollar was steady ahead of the decision. Trade: The India free-trade agreement is opening duty-free access for most New Zealand exports, with wine among the sectors eyeing new opportunities. Business and Energy: More small firms are adopting AI, while Fonterra warns prolonged power outages could threaten dairy processing. Outlook: Economist Cameron Bagrie says three years of economic pain could yet give way to longer-term gains.
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