NZ PM Key: Economy unlikely to suffer from Brexit decision

Addressing a news conference on Monday, New Zealand PM John Key noted that the NZ economy remains shielded from Brexit.

Key Quotes:

NZ economy unlikely to suffer from Brexit decision

NZ has work to do on trade arrangements

Govt has had assurances that trade access won't change for now

Too early to tell how international finance markets and hence funding costs for local banks will be affected

The RBNZ would say it's well positioned to respond if necessary