Banks are split over what today's GDP figures will show. Â
Stats NZ will release the data for the first quarter of the year this morning. Â
Westpac, BNZ, and Westpac are picking a small contraction, while ANZ and ASB are picking a small expansion. Â
Westpac Senior Economist Michael Gordon told Mike Hosking that everyone's in a similar range, slightly above or slightly below zero. Â
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.Â
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