Economic Weekly: Candyfloss confidence
- Yes, the economic mood is more upbeat with the prospect of lower interest rates feeding into improved expectations of the economy, business trading conditions, and consumer confidence
- It wasn’t too surprising to see this in the two ANZ surveys out last week, though in the case of business sentiment the jump has been particularly strong
- The surveying period straddled the OCR cut, though the results that came in after the news of the OCR cut weren’t appreciably different to the pre-cut responses
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.
- Email: Mark
