The Treasury will be opening its book for the Half Year Economic and Fiscal Update today.

Westpac Acting Chief Economist Michael Gordon says it will show us the state of the Government's finances.

He says it's likely to predict flat growth or even a recession like the Reserve Bank has.

Gordon told Tim Dower it will most likely be grim reading for the Government.

He says they will probably be looking at the prospect of a weaker economy than they expected in the Budget. 

LISTEN ABOVE

The Treasury will be opening its book for the Half Year Economic and Fiscal Update today.
Westpac Acting Chief Economist Michael Gordon says it will show us the state of the Government's finances.
He says it's likely to predict flat growth or even a recession like the Reserve Bank has.
Gordon told Tim Dower it will most likely be grim reading for the Government.
He says they will probably be looking at the prospect of a weaker economy than they expected in the Budget. 
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.