Economic Weekly: A summer chill

  • As we hit the start of summer and hope for some sun and respite from the rain, the economic data point to some cooling of momentum ahead after – fingers crossed – reasonable growth in Q3
  • Business confidence in last week’s ANZ survey for November softened, with general business sentiment heading back to recent lows
  • Businesses’ expectations for their own activity outlook fell to a level not seen since sentiment was recovering from the March 2020 lockdown-related plunge

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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.