Economic Weekly: A weekend of tight finishes

  • In the two major events of the weekend – the Rugby World Cup and General Election – everything went down to the wire, with only one event providing a decisive outcome
  • Saturday’s General Election delivered a tight result on the night, though one that is set to bring a change in government from a Labour government to a National-led coalition
  • The Labour Party’s vote share nearly halved from the absolute majority it enjoyed in 2020, and it also lost many electorate seats.  There is a clear mood for change, and Prime Minister Hipkins (Labour) conceded defeat on Election night

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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.