sign up log in
Want to go ad-free? Find out how, here.

Michael Gordon

Westpac McDermott Miller Confidence survey at lowest level ever as pessimism bites in NZ
21st Jun 22, 9:00am
66
Westpac McDermott Miller Confidence survey at lowest level ever as pessimism bites in NZ
This week's release of March quarter GDP figures is likely to reflect the impact of the surge of Omicron - but the immediate prospects are for a future slowdown in any case
13th Jun 22, 10:16am
15
This week's release of March quarter GDP figures is likely to reflect the impact of the surge of Omicron - but the immediate prospects are for a future slowdown in any case
RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
26th May 22, 10:03am
61
RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
Bank economists agree the RBNZ will lift the OCR by 50 basis points to 2% on Wednesday, so what else are they focusing on?
21st May 22, 9:05am
131
Bank economists agree the RBNZ will lift the OCR by 50 basis points to 2% on Wednesday, so what else are they focusing on?
Economists at Westpac NZ say RBNZ inflation targeting facing the biggest challenge in its 30+ year history
17th May 22, 7:50am
75
Economists at Westpac NZ say RBNZ inflation targeting facing the biggest challenge in its 30+ year history
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
19th Apr 22, 2:44pm
42
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
This week's December quarter GDP figures will show a recovery from the sharp fall in September but all eyes will be on what the figures point to in the more problematic months ahead
14th Mar 22, 8:55am
4
This week's December quarter GDP figures will show a recovery from the sharp fall in September but all eyes will be on what the figures point to in the more problematic months ahead
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
7th Mar 22, 3:45pm
56
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
'The housing boom has ended,' Westpac economists declare, with price falls now the order of the day
24th Feb 22, 11:53am
85
'The housing boom has ended,' Westpac economists declare, with price falls now the order of the day
Westpac economists say despite flagging population growth they are not expecting a housing 'oversupply situation'
22nd Feb 22, 10:54am
32
Westpac economists say despite flagging population growth they are not expecting a housing 'oversupply situation'
Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
2nd Feb 22, 11:44am
16
Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
Employment confidence rose further in December, driven by perceptions of current job opportunities. However, current and expected earnings growth remains subdued
20th Jan 22, 10:16am
by Guest
6
Employment confidence rose further in December, driven by perceptions of current job opportunities. However, current and expected earnings growth remains subdued
Reserve Bank set to increase the Official Cash Rate on Wednesday in the last scheduled review of its key monetary policy tool for three months
21st Nov 21, 6:00am
70
Reserve Bank set to increase the Official Cash Rate on Wednesday in the last scheduled review of its key monetary policy tool for three months
Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle
8th Nov 21, 1:36pm
56
Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle
Westpac acting chief economist Michael Gordon says the starting point for the NZ economy in this cycle is 'wildly stronger' than the Reserve Bank expected, and the upside risks for inflation are growing
4th Nov 21, 8:47am
81
Westpac acting chief economist Michael Gordon says the starting point for the NZ economy in this cycle is 'wildly stronger' than the Reserve Bank expected, and the upside risks for inflation are growing
This week's labour market figures seem set to be 'noisy' due to Covid disruptions, but should show falling unemployment and rising wage levels
1st Nov 21, 10:51am
20
This week's labour market figures seem set to be 'noisy' due to Covid disruptions, but should show falling unemployment and rising wage levels
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
4th Oct 21, 11:31am
20
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things
13th Sep 21, 10:35am
2
Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things
ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
17th Aug 21, 8:53pm
47
ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
Inflation expectations are so strong, Reserve Bank observers now believe there's a higher likelihood of the central bank lifting the OCR by 50 basis points, than there is of it making no change
14th Aug 21, 9:10am
57
Inflation expectations are so strong, Reserve Bank observers now believe there's a higher likelihood of the central bank lifting the OCR by 50 basis points, than there is of it making no change
Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
2nd Aug 21, 9:07am
72
Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
14th Jul 21, 7:09pm
62
Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
Economists at the four biggest banks now all see the Reserve Bank starting to hike interest rates in November
7th Jul 21, 1:14pm
55
Economists at the four biggest banks now all see the Reserve Bank starting to hike interest rates in November
Economists have been upwardly adjusting their economic forecasts in recent days in the face of stronger-than-expected data and the major bank economists now see first quarter GDP producing a positive figure - IE economic growth
14th Jun 21, 9:57am
11
Economists have been upwardly adjusting their economic forecasts in recent days in the face of stronger-than-expected data and the major bank economists now see first quarter GDP producing a positive figure - IE economic growth
Westpac economists say the Government's current fiscal stance may be far less stimulatory than was portrayed in the Budget
8th Jun 21, 2:49pm
13
Westpac economists say the Government's current fiscal stance may be far less stimulatory than was portrayed in the Budget