The latest International Monetary Fund report on the New Zealand economy says economic expansion "is becoming increasingly embedded and broad based." The IMF is forecasting economic growth of 3.5% and predicts that it will not fall below 2.5% over the next few years.
The economy will be driven by strong construction activity, higher prices for exports and increases in net migration. And a sharp slowdown in China and Auckland's overheated property market remain the two threats to economic growth in New Zealand.
You can read the full report here.
