The housing market won’t drive our economic recovery this time, commentator warns – The Front Page

Home / New ZealandJane YeeHead of Podcasts·NZ Herald·13 Oct, 2026 04:40 AM3 mins to read‌Bernard Hickey joins Jane Yee on The Front Page to explain the concept of sinking lids and what it means for our economy.National and Labour are both promising to rein in Government spending if they win the election, with their fiscal plans relying on Treasury’s forecasts of a return to economic growth.But is Treasury banking on a pattern of economic recovery that has historically been driven by a booming housing market?AdvertisementAdvertise with NZME.