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Economic reports archive.
NZ Dairy Update
Dairy prices took a step lower overnight. Although that follows a larger…
Aftermath
As the country emerges from under the shadow of Cyclone Gabrielle, it’s clear…
Preview of RBNZ Monetary Policy Statement, February 2023
We expect the Reserve Bank to lift the Official Cash Rate by 50 basis points…
Cyclone Gabrielle buffets the north
As the week begins, New Zealand is grappling with another severe weather…
NZ Dairy Update
Dairy prices are on the rebound. Rebounding Chinese demand is…
It’s raining, it’s pouring
The heavy rainfall in Auckland and parts of the upper North Island has left many…
Industry Insight: Residential building in New Zealand
Residential building activity in New Zealand is expected to slow over the second…
NZ labour market review, Q4 2022
The unemployment rate rose to 3.4%, slightly higher than forecast…
Kia kaha Auckland
The Westpac Team would like to extend our deepest sympathies to all of those who…
NZ labour market preview, Q4 2022
We estimate that unemployment held steady at 3.3% for the December quarter…
NZ CPI review, Q4 2022 and change of OCR forecast
We have revised down our forecast for Official Cash Rate hikes from…
Westpac McDermott Miller Regional Economic Confidence
Households’ confidence in their regional economies took a dive…