Podcasts Other The Mike Hosking Breakfast Michael Gordon: Economist says Half Year Economic and Fiscal Update likely to be grim reading for the Govt

Michael Gordon: Economist says Half Year Economic and Fiscal Update likely to be grim reading for the Govt

Published: Dec. 13, 2022, 7:06 p.m.

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The Treasury will be opening its book for the Half Year Economic and Fiscal Update today.

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Westpac Acting Chief Economist Michael Gordon says it will show us the state of the Government\'s finances.

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He says it\'s likely to predict flat growth or even a recession like the Reserve Bank has.

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Gordon told Tim Dower it will most likely be grim reading for the Government.

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He says they will probably be looking at the prospect of a weaker economy than they expected in the Budget.\\xa0

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