Industry Insight: Residential building in New Zealand

Residential building activity in New Zealand is expected to slow over the second…

03 Feb 2023 Research papers, Industry

NZ labour market review, Q4 2022

The unemployment rate rose to 3.4%, slightly higher than forecast…

01 Feb 2023 Economic data and RBNZ

Kia kaha Auckland

The Westpac Team would like to extend our deepest sympathies to all of those who…

31 Jan 2023 Weekly Commentary

NZ labour market preview, Q4 2022

We estimate that unemployment held steady at 3.3% for the December quarter…

27 Jan 2023 Economic data and RBNZ

NZ CPI review, Q4 2022 and change of OCR forecast

We have revised down our forecast for Official Cash Rate hikes from…

25 Jan 2023 Economic data and RBNZ

Westpac McDermott Miller Regional Economic Confidence

Households’ confidence in their regional economies took a dive…

24 Jan 2023 Confidence surveys

It’s gonna be a bumpy ride

The new year has gotten off to a rocky start for the New Zealand economy. Signs of a…

23 Jan 2023 Weekly Commentary

NZ CPI preview, Q4 2022

We estimate that New Zealand consumer prices rose by 1.1% in the…

19 Jan 2023 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

The Employment Confidence Index fell to 108 in December, after having…

19 Jan 2023 Confidence surveys

Households’ finances and rising interest rates

Households’ finances are being squeezed. High levels of inflation are eroding…

18 Jan 2023 Research papers, Housing

NZ Dairy Update

Dairy prices have started 2023 on a soft note…

18 Jan 2023 Agri

NZ Dairy Update

2022 was a year of two halves for global dairy markets…

21 Dec 2022 Agri