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Peters and Joyce clash in parliament

NZ Newswire logoNZ Newswire 31/05/2017

Steven Joyce has told Winston Peters he's "a long way from reality" when he talks about the economy.

The NZ First leader and the finance minister clashed in parliament on Wednesday when Mr Peters challenged Mr Joyce to "tell New Zealanders the true state of the economy".

Mr Joyce said he did that regularly, and in his budget speech he had reported the economy was strong and growing.

"Why is he claiming GDP growth will be over three per cent when many experienced economists are saying the real growth will be under one per cent?" Mr Peters asked.

Mr Joyce said there was a wide range of economists.

"The Treasury, the Reserve Bank, NZIER all see a strong economy over the next five years," Mr Joyce replied.

"And the ANZ has just said they expect strong growth."

Mr Peters wanted to know why hard working Kiwis weren't benefiting.

"A whole lot of Kiwi companies are working hard delivering jobs and growth, and Winston Peters comes to this House and tries to pretend it's not happening," Mr Joyce said.

"Mr Peters obviously doesn't like the good news... he's determined to talk it down and he's a long way from reality."

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