New Zealand: As Christchurch rebuild fades, growth will slow

The rebuilding of quake-hit CHCH added perhaps as much as 15% to GDP but with this activity now beginning to ebb, milk prices falling and the country’s largest trading partner (Australia) struggling, there seems to be nothing left in the hopper to support growth in 2016.  The RBNZ is done tightening, the only question now is by how much will they ease?