High for longer; probably still higher too

The RBNZ left the OCR at 5.5%. The forward view espoused was less hawkish than…

09 Oct 2023 Weekly Commentary

NZ CPI preview, Q3 2023

Given the likely importance of the upcoming CPI report for the decision that the…

06 Oct 2023 Economic data and RBNZ

Change in OCR call

We continue to expect a rate hike to 5.75% at the November 2023 Monetary…

05 Oct 2023 Economic data and RBNZ

Review of RBNZ October 2023 Monetary Policy Review

The RBNZ left the OCR unchanged at 5.5% as expected. The tone of the accompanying…

04 Oct 2023 Economic data and RBNZ

NZ Dairy Update

Global dairy prices lifted for the third successive auction overnight…

04 Oct 2023 Agri

Pre-election primer

Given plausible coalition possibilities after the 14 October General Election…

04 Oct 2023 Economic data and RBNZ

Searching for direction

A key focus for the coming week will be the upcoming RBNZ Monetary Policy Review on…

02 Oct 2023 Weekly Commentary

Economic Overview: Trick or treat?

There are significant changes afoot with plenty of potential to change the economic outlook in the years ahead...

01 Oct 2023 Economic Overview

Preview of RBNZ October 2023 Monetary Policy Review

We think the RBNZ will keep the OCR at 5.5% at next week’s meeting…

28 Sep 2023 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

Employment confidence fell by 7.4 points to 98.3 in the September quarter…

27 Sep 2023 Confidence surveys

Some rough and some smooth

Last week was a bumper one for data in New Zealand. It also contained a few surprises…

25 Sep 2023 Weekly Commentary

Westpac McDermott Miller Consumer Confidence

The ‘squeeze’ on households’ finances is continuing, with further increases…

22 Sep 2023 Confidence surveys