The title reads 'Reserve Bank revises down growth foreCASTS'. The cartoon shows someone representing the 'Economy' with crutches and their leg In plaster - hence wordplay on 'cast' and 'forecast'. A statement made by the Reserve Bank on 16th September looked a shadow of the bright one it published three months ago. Quantity: 1 digital cartoon(s).
Shows a graph illustrating the 'Growth forecast' for the economy. A large finger representing the 'Reserve Bank' squashes the growth arrow as though it is a fly and it starts to zig-zag crazily downwards. The statement made 16th September looked a shadow of the bright one the Reserve Bank published three months ago. With its forecasts finalised the day before the Canterbury earthquake struck, the Bank has taken secateurs to its economic growth track, and a carving knife to its interest rate path. Instead of GDP growth pushing 4% this year and next, for example, it now struggles to reach 3% in each. It's tempting to think this has been driven by the wobbling international news over recent months. In fact it's been because of a suddenly sombre view around NZ consumer spending and the housing market. (Interest.co.nz) Quantity: 1 digital cartoon(s).
A weather map of New Zealand is shown beset with dreadful weather conditions that include cyclones and lightning strikes; there is also earthquake activity round the Canterbury region. Text reads 'Mother Nature's wild child... but who's the father?' Refers to the Canterbury earthquake of 4th September 2010 and the spring storms with wind, rain and snow in recent weeks. Quantity: 1 digital cartoon(s).
A weather map of New Zealand is shown beset with dreadful weather conditions that include cyclones and lightning strikes; there is also earthquake activity around the Canterbury region. Text reads 'Now all we need is a plague of locusts...' Refers to the Canterbury earthquake of 4th September 2010 and the spring storms with wind, rain and snow in recent weeks. Quantity: 1 digital cartoon(s).
A weather map of New Zealand is shown beset with dreadful weather conditions that include cyclones and lightning strikes; there is also earthquake activity around the Canterbury region. Text reads 'Was it something we said?...' Refers to the Canterbury earthquake of 4th September 2010 and the spring storms with wind, rain and snow in recent weeks. Quantity: 1 digital cartoon(s).