Kick starting the NZ economy

Written By Kim Manunui

With the Reserve Bank in charge of Monetary Policy concerned with the likes of inflation and interest rates and the Govt of the day in charge of Fiscal Policy concerned with things like tax and budgets, its important they work in concert to create stability and a progressive economy.

Given the rigors of the last five years being up and down like a US tariff, things are finally settling, turning and heading in the right direction.

With Inflation now circa the two percent mid-point enabling continued easing of the Official Cash Rate ( OCR ) like the May 18th 0.25% decrease to 3.25% with more to come, this ultimately works to put more in our pockets. Couple this with the likes of the May 22nd delivered Budget Statement 2025, with the centrepiece ‘Investment Boost’ providing a further 20% tax deduction for business to invest in productive assets like machinery, tools and equipment, in addition to normal depreciation, provides the incentive to invest with more opportunities becoming financially viable with a view to increased uptake. All this and more, collaborates to provide the kick start the economy needs.

So the outlook is for GDP growth throughout this year and beyond with unemployment decreasing as a result, injecting more funds into the economy and nurturing further growth. With further easing in the OCR resulting in lower interest rates, we’re nearing the neutral rate we’ll settle at with all being well in the world, which is questionable in itself.

From here, while the Govt pared back its initial economic outlook a tad since its recovery has spluttered along to date, giving it a good tune up is just the remedy needed to get it going so we’re firing on all cylinders and poised ready for growth with a clear road ahead.

For enquiries on the above clink on the contact tab below.

Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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