Fears a positive economic result could yield a negative one down the track.

Our GDP grew two percent in the three months to September, blowing most economist predictions out of the water.

But former Reserve Bank economist Michael Reddell says he's suspicious of the result and wonders if it will be revised to a lower rate.

He told Tim Dower it could be a problem next year.

Reddell says it will increase the chances of a recession next year,  because the Reserve Bank will have to act more strongly to tackle inflation.

LISTEN ABOVE

Fears a positive economic result could yield a negative one down the track.
Our GDP grew two percent in the three months to September, blowing most economist predictions out of the water.
But former Reserve Bank economist Michael Reddell says he's suspicious of the result and wonders if it will be revised to a lower rate.
He told Tim Dower it could be a problem next year.
Reddell says it will increase the chances of a recession next year,  because the Reserve Bank will have to act more strongly to tackle inflation.
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.