No shift in stance expected from the RBNZ

We expect the RBNZ will kick for touch at this Wednesday’s Monetary Policy Review…

08 Apr 2024 Weekly Commentary

Preview of RBNZ Monetary Policy Review, Apr 2024

We expect the RBNZ will leave the OCR at 5.5% at its April Policy Review…

03 Apr 2024 Economic data and RBNZ

NZ Dairy Update

Dairy prices recovered by 2.8% in today’s auction. Price increases were broad-based...

03 Apr 2024 Agri

Return to fiscal surplus delayed again

Westpac New Zealand’s data on spending via Westpac issued debit and credit card…

02 Apr 2024 Weekly Commentary

Retail Spending Pulse

The rapid increase in retail spending that we saw last year has given way to…

28 Mar 2024 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

Employment confidence rose by 4.7 points to 104.4 in the March quarter...

26 Mar 2024 Confidence surveys

Down but not out

The domestic focus for markets last week was the release of the admittedly dated…

25 Mar 2024 Weekly Commentary

NZ GDP review, Q4 2023

GDP contracted by 0.1% in the December quarter, slightly below market…

21 Mar 2024 Economic data and RBNZ

Westpac McDermott Miller Consumer Confidence

The Westpac McDermott Miller Consumer Confidence Index rose 4.3 points…

20 Mar 2024 Confidence surveys

NZ Dairy Update

Dairy prices pulled back significantly by 2.8% in today’s auction…

20 Mar 2024 Agri

Budget Policy Statement preview, 2024

The Government will publish its first Budget Policy Statement (BPS) on...

19 Mar 2024 Economic data and RBNZ

It’s a long, long road

Last week’s data was another mixed bag in terms of gauging the direction of the New Zealand...

18 Mar 2024 Weekly Commentary