Economic Overview: One swallow does not a summer make

There has been a palpable shift in the mood around New Zealand. Businesses have...

16 Feb 2021 Economic Overview

Just when I thought I was out, they pull me back in

New Zealand has been pushed back into lockdown following the discovery of three...

15 Feb 2021 Weekly Commentary

Back to work

New Zealand economic data continues to beat expectations by a wide margin...

09 Feb 2021 Weekly Commentary

NZ Dairy Update

Dairy prices are on a roll, rising for the sixth consecutive auction. Notably, milk fat...

03 Feb 2021 Agri

NZ labour market review, Q4 2020

The unemployment rate fell to 4.9% in the December quarter, a much stronger result...

03 Feb 2021 Economic data and RBNZ

Caught on the hop

China is leading a global growth recovery. The speed of the recovery has surprised...

02 Feb 2021 Weekly Commentary

NZ labour market preview, Q4 2020

We expect the unemployment rate to rise to 5.6% in the December quarter...

29 Jan 2021 Economic data and RBNZ

Culling the OCR cuts

With the economy weathering the Covid storm and the housing market hot, we have...

25 Jan 2021 Weekly Commentary

NZ CPI review, Q4 2020 – No bargains this Christmas

The Consumer Prices Index (CPI) rose 0.5% in the December quarter, a much stronger...

22 Jan 2021 Economic data and RBNZ

Update to Westpac’s OCR forecast – Enough is enough

We now expect the OCR to remain on hold for the foreseeable future (previously we...

21 Jan 2021 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

The Employment Confidence Index saw a strong increase in the December quarter...

21 Jan 2021 Confidence surveys

NZ Dairy Update

We lift our 2020/21 farmgate milk price forecast by 50 cents to $7.50/kg...

20 Jan 2021 Agri