Paul Bloxham: HSBC chief economist says New Zealand's economy is at the 'bottom edge' when compared to other developed countries

A leading economist believes New Zealand's economy is at the "bottom edge" when compared to other developed countries. This follows the Government laying out their Pre-Election Economic and Fiscal Update and revealing a surplus has been pushed out an extra year amid a lower tax take. HSBC's Paul Bloxham says inflation isn't coming down fast enough, when compared to other countries. LISTEN ABOVESee omnystudio.com/listener for privacy information.