Monday: China launches property rescue plan

China has announced a major rescue package to buy unsold apartments and remove restrictions for homebuyers. New Zealand’s economy is soggy, but shouldn’t expect help from a rate cut any time soon. In our bonus deep dive interview, ANZ Chief Economist for Southeast Asia and India Sanjay Mathur analyses what labour costs across Southeast Asian economies say about their regional competitiveness and productivity. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/