Larry Williams Drive

This was a dire week for the economy - but experts say things can only go up from here. Stats NZ revealed that GDP was down 1 percent in the September quarter, and had been down 1.1 percent the previous quarter. This is the biggest drop since 1991, excluding the Covid-19 lockdowns. Despite the gloomy outlook, NZ Herald business editor at large Liam Dann says this will likely be as bad as things get before things pick up. LISTEN ABOVESee omnystudio.com/listener for privacy information.