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Mark Lister: Investment director for Craigs Investment Partners explains why the NZ dollar is suffering against the Australian dollar

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Manage episode 508934553 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Kiwi dollar continues to weaken against the Australian dollar, hitting a three-year low last week.

The NZD is currently trading at 88 cents off the back of soft GDP growth and rate cuts, and concerns are raising as China's economic rebound could widen the gap further.

Investment director for Craigs investment partners Mark Lister told Mike Hosking that New Zealand's rate cuts are having a stronger impact on the economy than Australia's.

'We are obviously looking at more rate cuts than we expected and not for the right reasons.'

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7996 episodes

Artwork
iconShare
 
Manage episode 508934553 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Kiwi dollar continues to weaken against the Australian dollar, hitting a three-year low last week.

The NZD is currently trading at 88 cents off the back of soft GDP growth and rate cuts, and concerns are raising as China's economic rebound could widen the gap further.

Investment director for Craigs investment partners Mark Lister told Mike Hosking that New Zealand's rate cuts are having a stronger impact on the economy than Australia's.

'We are obviously looking at more rate cuts than we expected and not for the right reasons.'

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7996 episodes

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