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> Shamubeel Eaqub
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“It's a whopper. The very large and worrying deficit reflects the imbalances facing the New Zealand economy.”
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“It's a whopper. It's 8 percent (of gross domestic product) on my numbers and definitely bigger than what I had expected.”
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“It would take a sharp slowdown in both house sales and retail sales for the RBNZ to show some mercy.”
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“Household confidence is very weak, suggesting household spending is vulnerable. We expect spreading weakness in retail spending as the year progresses.”
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“The economy will slow more quickly than the Reserve Bank assumes.”
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“We expect weak household consumption, business investment and inventory run down to result in a negative headline number.”
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