Economic Weekly: A Fortnite of building Downunder GDP

  • It’s the season when NZ starts getting some of the key quarterly data that help build up estimates of how the economy fared in Q2
  • Recall, NZ GDP registered a 0.2% fall in Q1, but subsequent data has shown the labour market to be exceptionally tight, with inflation rates well above 3% on various measures
  • Historic it might be, but GDP and broader economic activity has a key bearing on future labour market and inflation outcomes

Contact us

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.