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.

15 August:

The housing market and consumer spending are both recovering from the slowdown of early-2014, but it is only a very modest pickup.

8 August:

Yet another big decline in the dairy auction price, but the unemployment situation is looking better.

1 August:

The New Zealand dollar is under downward pressure as New Zealand's export sector encounters adverse conditions. Meanwhile, the domestic boom rolls on.

25 July:

The Reserve Bank lifted the OCR to 3.5%, but announced a pause in its hiking cycle. This stop-start approach might throw up opportunities for borrowers to fix their interest rates over the weeks ahead. The RBNZ  sent a warning that it might intervene in the foreign exchange market.

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.

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.

4 July:

Prices for many NZ export products are falling amid a Chinese consumer slowdown. The fallout could intensify, although eventually we do expect the Chinese Government will ride to the rescue with stimulus.

6 June:

Global dairy prices are falling, but a broader assessment of rural prospects is more mixed.

2 May:

The days of ultra-low interest rates and global product prices that can only rise are over.

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.