The good, the bad, and the currency.

We’ve revised up our forecast of how high the Official Cash Rate will need to go in the…

03 Oct 2022 Weekly Commentary

Change in OCR forecast and RBNZ preview

We have revised up our forecast to a peak of 4.5% for the Official Cash Rate…

30 Sep 2022 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

The Employment Confidence Index rose to 115.2 in September, setting a new…

28 Sep 2022 Confidence surveys

Westpac McDermott Miller Regional Economic Confidence

Households’ confidence in their regional economies has remained mostly in…

27 Sep 2022 Confidence surveys

Households feeling the pinch

The pressures in the household sector are becoming more pronounced and a…

27 Sep 2022 Weekly Commentary

Westpac McDermott Miller Consumer Confidence

Consumer confidence has picked up over the past few months. Even so…

22 Sep 2022 Confidence surveys

NZ Dairy Update

Dairy auction prices posted solid gains overnight for the second auction in a row…

21 Sep 2022 Agri

A long time between drinks

The New Zealand economy grew strongly over the June quarter, comfortably…

19 Sep 2022 Weekly Commentary

NZ GDP review, Q2 2022

GDP rose by 1.7% in the June quarter, coming in very close to our…

15 Sep 2022 Economic data and RBNZ

New Zealand’s net migration trends since the Covid-19 pandemic

Our forecast remains for net migration to turn modestly positive again…

14 Sep 2022 Economic data and RBNZ

Double, or nothing?

New Zealand recorded a 0.2% drop in GDP in the March quarter as the Omicron wave…

12 Sep 2022 Weekly Commentary

NZ GDP preview, Q2 2022

We expect a 1.6% rise in GDP for the June quarter. This follows a 0.2%...

09 Sep 2022 Economic data and RBNZ