NZ finmin Robertson: New Zealand fiscal position remains strong and resilient

New Zealand Finance Minister Grant Robertson comments crossing news sources:

• government spending is now tracking back towards the low 30% of GDP
• New Zealand fiscal position remains strong and resilient

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As for the monetary policy position the Reserve Bank of New Zealand next meet on May 24:

• Goldman Sachs expects a 25bps hike from the RBNZ in May, see AUD/NZD higher into year-end

New Zealand Finance Minister Grant Robertson