Seasons greetings & welcome to this bumper December 2022 edition of the EconoLex.
December is usually a time when we come together to celebrate the festive season. We see family and friends. It’s the season of goodwill. Economics however is known as the dismal science – and much is being made currently of the potential for a recession and for darkening economic clouds ahead. Given the sparkling recent employment, GDP, and fiscal news this would represent something of a turnaround. Confidence indicators may be very negative right now, but the actual data is very good. One of these will continue to be right in the long run.
This edition covers a range of stories from monetary policy to student loan repayments. As ever, if there are areas of the economy that you would like us to cover, or any economic data that you would like us to examine, please just let us know.
Can we take this opportunity to thank everyone who has helped us pull this together during the year, and to wish all readers a peaceful break. We would particularly like to thank NZCTU’s Tali Williams for her endless energy and contribution to this year’s real Christmas present – Fair Pay Agreements