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What advice, if any, did he receive to inform his statement to RNZ on 9 March that "Relative to any of the other 195 countries in the world that are dealing with the same impacts of this conflict we are incredibly well positions and that's thanks to some of the work we've done in the last years."

Answered Question 7704 (2026)
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Asked by

Chlöe Swarbrick

Member for Auckland Central · Green Party

Question

  • What advice, if any, did he receive to inform his statement to RNZ on 9 March that "Relative to any of the other 195 countries in the world that are dealing with the same impacts of this conflict we are incredibly well positions and that's thanks to some of the work we've done in the last years."

Answered by

Rt Hon Christopher Luxon

Member for Botany · National Party · Prime Minister

Answer

I receive regular updates on domestic economic conditions, including on the Government’s programme of steady fiscal consolidation. Fiscal consolidation is supporting lower levels of inflation, lower interest rates, and lower public debt. Had inflation, interest rates, and public debt been higher, households would have been more exposed to external shocks, like the recent conflict in the Middle East.