This by nature decreases volatility in the headline GDP estimate. Using the average measure of Australian GDP, Australia avoided a technical recession, apparently the only OECD country to do so. However, based on the production measure of GDP, the headline measure in New Zealand, Australia experienced a technical recession in the March 2009 quarter.
12  These discrepancies can be expected to decrease in size in June 2012 when Statistics NZ update annual constant price national accounts estimates. This process will result in significant revisions to New Zealand’s real GDP. However it is not known which measure will be revised and to what extent.