Andrew Kelleher: JMI Wealth Director on the GDP decline and the actions the Reserve Bank might have to take

The Mike Hosking Breakfast

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1+ y ago 6:12

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There are concerns about the moves the Reserve Bank might have to make to deal with economic pressures later in the year.

GDP declined by 0.6 percent in the three months to December, following a two percent rise in the September quarter.

The country will be in a technical recession should we see another quarter of negative growth.

JMI Wealth Director Andrew Kelleher told Mike Hosking that he's worried about the second half of this year.

He's concerned the Reserve Bank will have to change direction later in the year.

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