Mike Hosking Breakfast

Some positive signs for consumer confidence. Economist Tony Alexander has been polling New Zealanders on whether they're planning to cut down how much they're buying. Last month, 27 percent of people said they were planning to do so. Alexander told Mike Hosking this month, only 18 percent are looking to cut back. “Maybe we’ve past the worst speed of decline in many things; it doesn’t mean there’s improvement yet, but at least maybe we’re past the worst.” LISTEN ABOVE