Video updates

Bite-sized video updates on the New Zealand economy and markets.

Next Steps

23 June:

The Reserve Bank expects to keep the cash rate unchanged for some time. Inflation has picked up, but it looks increasingly likely that it will drop back again, at least temporarily, next year.

16 June:

GDP growth was a bit softer than expected in the early part of 2017, reinforcing expectations that the RBNZ will keep the Offical Cash Rate on hold for some time. Looking ahead, we expect economic activity will expand by 3% over 2017 as a whole.

We hope you find these updates helpful in shaping a view of what's in store for you beyond the farm gate.

9 June:

A cyclical improvement in dairy prices has eased the pressure on the dairy sector. But a strengthening of balance sheets is needed to prepare the industry for the next downturn.

5 May:

Dairy prices have improved further in the last month. But fears of a more protectionist US Administration briefly came to the fore.

All opinions, statements and analysis expressed are based on information current at the time of writing from sources which Westpac believes to be authentic and reliable. Westpac issues no invitation to anyone to rely on this information current t time of writing and intends by this statement to exclude liability, to the extent permitted by law, for any such opinion, statement and analysis. The content of this material is a guide only. It does not take into account your personal financial situation and goals. You should obtain independent professional advice.