Economic Weekly: A better prognosis, but symptom flare ups likely

  • This week’s likely shift down to Alert Level 1 and associated shift up in the economy’s speed limit, will join a string of other news suggesting the NZ economy is faring a little better than most expected in the post-lockdown world.
  • However, we’d be remiss in our role as purveyors of the dismal science if we didn’t warn about the come down.
  • It's early days; the impact of COVID-19 on the labour and housing markets in particular was always going to be a story for the second half of the year.


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Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.