Economic Weekly: A weak end to 2022

  • Breaking news over the weekend was the collapse of Silicon Valley Bank.  SVB was heavily focussed on banking start-ups
  • With all the final Q4 GDP indictors out last week, we have finalised our forecast for Q4 GDP
  • The number we landed on is a contraction of 0.5% for the quarter.  That’s not pretty but does follow some surprisingly strong prints earlier in 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.