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Listen "South Waikato suffering as country edges on recession"
Episode Synopsis
The country is on the edge of a recession, according to Labour. New figures reveal a sharp contraction in Gross domestic product, the broad measure of economic growth. The economy shrunk, 0.9% in the three months to the end of June. South Waikato is suffering; Carter Holt Harvey is looking to close its Tokoroa plywood plant, affecting almost 120 jobs, about 150 job losses in the region earlier in the year. South Waikato Mayor Gary Petley spoke to Lisa Owen.
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