This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Jun 27, 2008
All Eyes On Today's GDP Figures
James Weir reviews the implications of today's GDP number. If the numbers are worse than the expected 0.3% contraction Weir expects further downward pressure on the New Zealand dollar (yesterday's current account deficit was worse than anticipated and likewise added to pressure on the currency).