Radio New Zealand - Te Reo Irirangi o Aotearoa
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15 March, 2010
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Insight Programme Archive
Sunday, 31 January 2010: Economy 2010
Listen to this programme Insight for Sunday 31 January 2010 (duration: 27′45″)
Download: Ogg Vorbis MP3
The Finance Minister, Bill English says New Zealand is on the road to recovery.
But although house prices have stabilised, other signs of a healthy economy look far more patchy.
Retail sales have been flat, exports are being hit by a high dollar and perhaps most worryingly, unemployment is expected to remain relatively high for the next three years.
Despite the Government's glee that the worst may be over, the New Zealand economy is still in a hole - just not as deep as it was.
Business Reporter, Naomi Mitchell looks at what lies ahead and the financial reality for companies and wage slaves.
Photos:Two of the many shops trying to attract customers with a sale.
Coming up on Sunday, 21 March, 2010
Insight visits Ireland to discover that the much heralded roar of the Celtic Tiger has turned in to a whimper
Until the global financial crisis struck Ireland was held up as a shining example of how to run a successful modern economy.
American companies flocked to the Republic attracted by tax incentives and the economy boomed.
But it has fallen harder than most during the global recession and its banking system is in a mess.
Radio New Zealand's Economics Correspondent, Nigel Stirling investigates what went wrong and what lessons there are for New Zealand.
Photo: Around three-hundred-thousand homes stand empty in Ireland because of the financial crisis.
The Team
Executive Producer Sue Ingram
email: insight@radionz.co.nz
A weekly current affairs programme of national and international interest.
Insight provides an in-depth analysis of a topical issue. It is broadcast on Radio New Zealand National at 8:15am on Sunday Morning with Chris Laidlaw and repeats on Mondays at 9:06pm and Wednesdays at 12:30am.
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