13 Sep 2023

Labour say the economy is turning a corner

From Morning Report, 7:13 am on 13 September 2023

Treasury released its Pre-election Economic and Fiscal Update on Tuesday, to mixed reactions.

The Labour Party hailed the accounts as showing the economy was turning the corner, with no recession, wages ahead of inflation, and more people in jobs.

National painted the numbers as dire, with a return to surplus delayed and government debt surging.

Labour Party finance spokesperson Grant Robertson spoke to Corin Dann.