Now is not the time for rate cuts

The RBNZ poured ice water over the emerging market trend to price in OCR cuts in 2024…

04 Dec 2023 Weekly Commentary

Review of RBNZ November 2023 Monetary Policy Statement

The OCR remained at 5.5% as Westpac and the market had expected…

29 Nov 2023 Economic data and RBNZ

Times of change: A new government and prospects for lower rates

The RBNZ will almost certainly leave the OCR unchanged this week. But the key…

27 Nov 2023 Weekly Commentary

AI. Oh yes, this is the great transformer.

The digital age is likely to be faster, better, and cheaper at creating value than the industrial age and agricultural economies that preceded it...

24 Nov 2023 Research papers

Preview of RBNZ November 2023 Monetary Policy Statement

We expect the RBNZ will leave the OCR unchanged at 5.5% at its November…

23 Nov 2023 Economic data and RBNZ

NZ Dairy Update

Overall dairy prices were unchanged overnight. By product, the result was mixed…

22 Nov 2023 Agri

When’s the pivot? – RBNZ policy considerations

In this note we discuss what the RBNZ would likely need to see to deliver a policy…

22 Nov 2023 Economic data and RBNZ

Inflation down, but not out

While inflation in New Zealand is cooling, the big uncertainty for the RBNZ is how…

20 Nov 2023 Weekly Commentary

October inflation update

We’ve revised our forecast for December quarter inflation to 0.6%...

14 Nov 2023 Economic data and RBNZ

Data maintains softer tone

Last week was a relatively quiet one as far as local data and events were concerned…

13 Nov 2023 Weekly Commentary

NZ Dairy Update

Dairy auction prices fell overnight. By product, the result was more mixed…

08 Nov 2023 Agri

Economic Overview Special topic: Tourism

Overseas visitor arrivals remain below pre-pandemic levels but are providing…

06 Nov 2023 Economic data and RBNZ