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A year of progressive recovery

The NZ economy will progressively recover over 2010 after shrinking more than 3%.
Changed credit markets, high government and household debt will temper the global recovery.
April is the earliest to expect the RBNZ to start lifting the OCR but June now looks more realistic.

Read the full PDF report.

www.asbsecurities.co.nz www.asb.co.nz www.commbank.com.au

In order to read these documents you will need to have Adobe Acrobat Reader. If you do not have this software installed on your computer, please click on the Adobe link below to download it. (The software is free of charge).

Report Prepared by:

Nick Tuffley
ASB Chief Economist
Phone: +64 9 374 8604
Fax: +64 9 302 0992


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