New Zealand Economy 'Looking Strong': Finance Minister

The transcript discusses New Zealand's economic recovery post-pandemic, highlighting the Treasury's growth expectations and the impact of lockdown measures. It explores monetary policy, including the potential for negative interest rates, and the role of the Reserve Bank. The stability of the banking system and fiscal policy measures are examined, alongside international trade and border policies. The political landscape is also covered, with a focus on future economic plans and potential coalition formations.

What was the economic condition of New Zealand in July 2020 compared to July 2019?

• 5% above July 2019 levels

• Same as July 2019 levels

• 2% above July 2019 levels

• 2% below July 2019 levels

What is the Reserve Bank of New Zealand's stance on the official cash rate until March next year?

• Increase the rate

• Decrease the rate

• Maintain the rate at 0.25%

• Eliminate the rate

How has the New Zealand banking system been described during the economic downturn?

• Unstable and struggling

• Stable and lending significantly

• Declining and reducing loans

• Expanding rapidly

What is the potential impact of negative interest rates on New Zealand's international image?

• Attracts more investors

• Improves banking profitability

• Indicates a lack of options

• Shows economic strength

What is the expected timeline for some international students to return to New Zealand?

• End of 2020

• Beginning of 2021

• Mid-2021

• End of 2021

What is the New Zealand government's focus in terms of economic recovery?

• Recovery and rebuild from COVID-19

• Cutting down on infrastructure

• Increasing imports

• Reducing exports

What is the New Zealand government's approach towards forming a coalition with the Green Party?

• Completely rule out any coalition

• Form a coalition regardless of necessity

• Form a coalition only if necessary

• Avoid forming any coalition