Economic Weekly: Shifting our OCR call to 2020

  • We’ve shifted our OCR call out to 2020 and we discuss that move and our economic forecasts more generally on Page 2.
  • However, we haven’t changed our OCR view as some other commentators and we have a more positive growth view than the RBNZ.
  • The key piece of data this week is the August ANZ Business Outlook Survey - while markets are ready to pounce should the data weaken further on Thursday, we anticipate that in time, the more positive reality will prevail.

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.