7704 (2026). Chlöe Swarbrick to the Prime Minister

7704 (2026). Chlöe Swarbrick to the Prime Minister: 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."

Rt Hon Christopher Luxon: 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.