Banks are split over what today's GDP figures will show. 

Stats NZ will release the data for the first quarter of the year this morning. 

Westpac, BNZ, and Westpac are picking a small contraction, while ANZ and ASB are picking a small expansion. 

Westpac Senior Economist Michael Gordon told Mike Hosking that everyone's in a similar range, slightly above or slightly below zero. 

He says it's when we've had strong population growth which should provide a baseline of growth, but it seems we're going backwards in per person terms.

LISTEN ABOVE

Banks are split over what today's GDP figures will show.  
Stats NZ will release the data for the first quarter of the year this morning.  
Westpac, BNZ, and Westpac are picking a small contraction, while ANZ and ASB are picking a small expansion.  
Westpac Senior Economist Michael Gordon told Mike Hosking that everyone's in a similar range, slightly above or slightly below zero.  
He says it's when we've had strong population growth which should provide a baseline of growth, but it seems we're going backwards in per person terms. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Michael Gordon: Westpac Senior Economist ahead of the release of the GDP figures for last quarter

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/19753c6e-248c-4a73-89f9-b194014cf5c7/transcript