Before the election toward the end of 2023, in September of that year, when Hipkins was PM & Mr Grant Robertson (BA) - now Vice Chancellor of Otago University - were running the show, this is how they reported on the NZ economy. "The Pre-election Economic & Fiscal Update (PREFU) shows no recession, a growing economy, more jobs & wages ahead of inflation. The PREFU released today shows NZ’s economy is turning the corner .. Economy to grow 2.6 percent on average over forecast period .. Fiscal Rules met - return to surplus .. Our economic plan to support NZ'ers dealing with the cost of living while investing in building a stronger, more resilient & inclusive economy is working".
