Why New Zealand is on the Yellow Brick Road to recovery – Liam Dann

Detailed summary

Liam Dann, Business Editor at Large for New Zealand’s Herald, works as a writer, columnist, radio commentator and as a presenter and producer of videos and podcasts. If you’re not…

As anyone who knows The Wizard of Oz will recall, the Yellow Brick Road is no cakewalk.

If you’re not interested in reading good news, this column probably isn’t for you.

I’m not particularly superstitious, but I’m not stupid enough to praise a New Zealand batsman’s excellent form when they are in the 90s.

But as I write this column, there are several signs that New Zealand’s economic recovery will stick this time.

Last week, the economics team for New Zealand’s largest bank put out its quarterly economic outlook.

But we’re not dealing with that particular early 20th-century children’s book.

As anyone who knows The Wizard of Oz will recall, the Yellow Brick Road is no cakewalk.

The ANZ team takes a very light-handed approach to the Yellow Brick Road metaphor, so allow me to completely overdo it.

The Yellow Brick Road looks delightful but is plagued by evil witches, angry flying monkeys and other perilous hazards.

Opening of the article, excerpted from NZ Herald Business. To read the rest, open the article on the publisher's site.