Mark Lister: Investment director for Craigs Investment Partners explains why the NZ dollar is suffering against the Australian dollar

The Kiwi dollar continues to weaken against the Australian dollar, hitting a three-year low last week. The NZD is currently trading at 88 cents off the back of soft GDP growth and rate cuts, and concerns are raising as China's economic rebound could widen the gap further. Investment director for Craigs investment partners Mark Lister told Mike Hosking that New Zealand's rate cuts are having a stronger impact on the economy than Australia's. 'We are obviously looking at more rate cuts than we expected and not for the right reasons.' LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.