When the tide goes out

A clutch of bank failures has put global markets on edge in recent weeks. If this were…

27 Mar 2023 Weekly Commentary

Westpac McDermott Miller Consumer Confidence

The Westpac McDermott Miller Consumer Confidence Index rose 2.1 points…

22 Mar 2023 Confidence surveys

NZ Dairy Update

We have trimmed our 2022/23 milk price forecast by 35 cents to $8.40/kg…

22 Mar 2023 Agri

High-five

With signs that the economy isn’t running as hot as we or the RBNZ thought, we have…

20 Mar 2023 Weekly Commentary

NZ GDP review, Q4 2022 and OCR forecast change

GDP fell by 0.6% in the December quarter, a bigger drop than was…

16 Mar 2023 Economic data and RBNZ

NZ GDP preview, Q4 2022 and OCR forecast change

We expect a 0.2% fall in GDP for the December quarter, following two…

13 Mar 2023 Economic data and RBNZ

Scratching below the surface

At first glance, the economy appears resilient in the face of high interest rates…

13 Mar 2023 Weekly Commentary

NZ Dairy Update

Dairy prices inched lower overnight. In essence, global dairy prices…

08 Mar 2023 Agri

Weathering the storm

Our latest Economic Overview details the storm that’s brewing for the New Zealand…

06 Mar 2023 Weekly Commentary

Economic Overview: Weathering the storm

The scale of the devastation caused by Cyclone Gabrielle has been hard to comprehend…

28 Feb 2023 Economic Overview

There’s more where that came from

The Reserve Bank of New Zealand hiked the Official Cash Rate by 50 basis points…

27 Feb 2023 Weekly Commentary

Review of RBNZ Monetary Policy Statement, February 2023

We now expect a peak of 5.5% in the OCR this year, up from our earlier forecast…

22 Feb 2023 Economic data and RBNZ