Unloved and unfashionable though it may be, GDP growth still plays a crucial role in the Government's ability to spend.

So tomorrow, when we get the first look at the data for the year, it deserves some time in the spotlight.

In the wake of last month's Wellbeing Budget, New Zealand's shift away from a singular focus on fiscal indicators has made headlines around the world.

"What nation isn't obsessed with ensuring economic growth? New Zealand, apparently," wrote the Washington Post.

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The timing of the Wellbeing Budget has played well to international economic commentators grappling with similar issues, such as