Video updates

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

Chief Economist Dominick Stephens presents economic insights in this two-minute weekly video.

21 November:

With low inflation making their dollars go further, and amid signs of a housing market revival, consumers are spending up. The Reserve Bank won’t spoil the party for a while yet, but expect reminders that rates will rise eventually.

14 November:

The RBNZ has opted to keep its restrictions on mortgage lending in place. We think that was the right move, as the housing market is likely to get a second wind over the next few months.

7 November:

Our latest forecasts reflect on the New Zealand economy's recent track record of growth without inflation.

31 October:

The US Federal Reserve sounds more prepared to lift interest rates, while the Reserve Bank of New Zealand is less prepared to do so. The result has been a drop in the New Zealand dollar vis-a-vis the US dollar.

Chief Economist Dominick Stephens presents economic insights in this bite-sized monthly video updates.

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

7 November:

World dairy prices may have stabilised at low levels. But any substantial improvement in prices next year will require a moderation in global milk production.

3 October:

Falling world dairy prices herald a further cut in the milk price for this season. A weaker New Zealand dollar has helped to soften the blow, but the conditions for a large, sustained drop in the currency don't seem to be in place.

5 September:

Dairy and meat prices continue to diverge. Meanwhile, markets have taken their eye off the rate-hike ball, giving borrowers a great opportunity to fix their interest rates.

1 August:

Milk prices are still under severe downward pressure, but there are signs of stabilisation for logs and the outlook for meat is rosy. The New Zealand dollar is under considerable downward pressure at present.

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.