Michael Gordon
GDP figures set to be released
Major bank economists are expecting gross domestic product to be back in the positive when the numbers are released on Thursday. Westpac senior economist Michael Gordon spoke to Corin Dann. Audio
Midday Report Essentials for Wednesday 5 February 2025
In today's episode, unemployment has risen to the highest level since 2020 as the recession starts to bite; it's been a fiery reception for ACT leader David Seymour at Waitangi; a major upgrade has… Audio
Economy going backwards in per person terms - Economist
Westpac senior economist Michael Gordon says the economy has been going backwards over the past year in per-person terms. He spoke to Corin Dann. Audio
No recession after strong growth in second quarter
There is no recession in New Zealand - after the economy grew more than most anticipated in the second quarter of this year.
GDP rose by 1.7% defying a host of pessimistic forecasts.
Westpac guessed… Audio
What will the economic impact of the immigration reset be?
The Government is promising a "once-in-a generation reset" of the immigration system as it plans for the re-opening of borders and a post Covid-19 economy.
So-called low-skilled workers will find it… Audio
Business News for 14 December 2020
News from the business sector, including a market report. Audio
Sharemarkets dive, oil price war, businesses worry
Fears over Covid-19 and a huge plunge in oil prices due to oversupply have hit global sharemarkets with billions of wiped from the market value of companies around the world. Overnight European stocks… Audio
Business News for 3 February 2020
News from the business sector, including a market report. Audio
Business News for 7 November 2019
News from the business sector, including a market report. Audio
Early Business News for 7 November 2019
A brief update of movements in the financial sector. Audio
Unemployment ticking higher, fewer jobs being created
The latest jobs numbers show more people out of work, fewer jobs being created, but wages growing at their fastest pace in more than a decade. Audio
Workers worried about job market, survey shows
The Westpac-McDermott-Miller Employment Confidence index has fallen sharply to just hold in positive territory at 101 in September, compared with 116.9 the previous quarter. Audio
Perceptions of job market fall in latest employment poll
Employment confidence has risen on the back of higher wages but there are concerns that the job market may be softening. Audio
A tightening job market is yet to have any real impact
A tight job market and modest wage pressures aren't expected to make any difference to the Reserve Bank's interest rate policy. Audio
Consumer confidence hits six-year low despite household boost
Consumer confidence has hit a six year low,with households worrying about their finances because of slowing house prices, rising fuel and general economic pessimism. Audio
Terms of trade stay near record highs
The country's terms of trade -- the broad measure of how we pay our way in the world -- remains near record highs. Audio
Balance of payments deficit widens in Q4
The country's balance of payments has deteriorated slightly on increased machinery items and aircraft. Audio
