Explore " asb bank" with insightful episodes like "Money Talks: Preparing for the worsening recession", "Mark Smith: ASB Economists predict that the inflation rate is still climbing" and "The Huddle: ASB Classic Tournament, Farming Emissions Tax, and Stolen Tsunami Sirens" from podcasts like ""Wellington Mornings with Nick Mills", "Early Edition with Kate Hawkesby" and "Heather du Plessis-Allan Drive"" and more!
ASB is predicting a deeper recession than originally thought.
The bank expects overall GDP to full a further two percent by early next year, more than half the decline seen during the Global Financial Crisis.
Mortgage Ability Director Marcus Hull explains to Nick Mills how people can prepare on Money Talks.
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There's no guarantee inflation is on the decline.
The Annual Consumer Price Index data, due out later this morning, will show how much prices have increased for the average household in the past 12 months.
While many economists expect the inflation rate to be lower than the 7.2 reached in the year to October, ASB is predicting the inflation rate will be even higher.
ASB Senior Economist Mark Smith says that there's lots of uncertainty in the figures.
He says their view is domestic, and inflation will remain more of a problem for the Reserve Bank.
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Today on The Huddle, Tim Wilson from Maxim Institute and Cas Carter from Cas Carter Communications spoke about the following:
ASB is threatening to pull its name from the ASB Classic if any Russian or Belarussian players get selected - considering no Russian or Belarussian players have been selected, is this virtue signalling?
He Waka Eke Noa- Federated farmers very quick to lash out, Governments come back and said this is basically your proposal- is this a good enough compromise?
Northern Districts security guard Carol Shutt says she has escorted 30 children back home in Kaitaia over the last year. Now she makes a point of looking out for them, some have been told to not return home until their parents finish having sex and some parents aren't grateful the kid has been returned.
Just 12 nurses have arrived under the residency visa and NZNO says 21,000 are needed.
People keep stealing tsunami sirens! But the council are having to tell us that you can't play music out of them for siren wars.
All of these topics were discussed today on The Huddle!
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