Matthew Hooton writes: Yesterday’s shock 0.3 per cent decline in GDP in just the September quarter makes New Zealand the worst-performing economy in the developed world. Even then, the result was inflated by record net migration, despite yet another massive brain-drain. Per person, GDP fell an extraordinary 0.9 per cent in just three months. On an annual basis,
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OPINION Yesterday’s shock 0.3 per cent decline in GDP in just the September quarter makes New Zealand the worst-performing economy in the developed world..