Early Edition with Kate Hawkesby

“Confirmation that the economy grew strongly in the third quarter of the year is welcome news before Christmas”, Finance Minister Nicola Willis stated in the first line of her press release yesterday.   ‘Welcome news’ may be a bit of an understatement, given the context of recent attempts to undermine Nicola Willis and the Government’s approach to righting the economy.  Willis also needed the good GDP news after a disappointing Half Year Economic and Fiscal Update on Tuesday, in which almost every economic and fiscal indicator moved ever so slightly in the wrong direction.   The GDP results showed the economy did better than expected in the September quarter, growing 1.1%. GDP per capita rose 0.9% for the quarter, if that's how you prefer to measure it. The increase in economic activity was broad based, with increases in 14 of the 16 industries that Stats NZ looks at. This is good news.   But the problem with GDP figures is they’re provisional and often revised. That’s what has happened wi