Good news for our economic outlook
Posted on May 2, 2014 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
World economies have welcomed news this week that the International Monetary Fund (IMF) this week cut the probability of a global recession this year from 6% to 0.1%. This sort of outlook is positive for the New Zealand economy in that it will underpin global willingness to invest in economies such as our own, also it will support our inward tourist flows, and will deliver some support also to our export commodity prices.
Filed under: REAL ESTATE