New Zealand's economy is on a roll, says ANZ chief economist Cameron Bagrie.
"Look at the positive side of the ledger: tourism is booming, dairy prices are in recovery, the housing market is going gangbusters, migration is trundling along nicely and firms' biggest constraints at the moment are finding labour," he said.
Now it looked like we will be reporting a 3.5 per cent GDP growth figure next week, "which is absolutely world class and if you look at the forward indicators the business confidence survey is flagging 3.5 to 4 per cent growth. So let the good times roll on."
Talking on The Economy Hub show today Bagrie did acknowledge issues with low wage growth and global political instability.
"But the temptation is to strip out all the positives and you're left with something negative," he said.