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

Weekly Economics Video Update

19 July:

Until recently the export sector was holding up well, but cracks are starting to emerge. The sudden drop in export log prices will lead to sudden job losses. That is another green light for the RBNZ to cut the OCR. We have long predicted that lower interest rates would stimulate the housing market, and the latest sales figures are a big tick in that direction. 

12 July:

Economic growth has lost some momentum and inflation remains on the lower side of the Reserve Bank’s target. But central bank stimulus here and elsewhere is being taken as a positive for the economy.   

Monthly Agri Economic Insights

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

5 July:

Global prices for dairy and forestry are dropping away, but for beef and lamb prices are rising. Both trends have a wee way to run yet.

7 June:

Fonterra’s opening milk price forecast for the season ahead looks too conservative to us. A good payout might improve moribund confidence in the industry, but only a bit. The trade wars between the US and China haven’t really hurt New Zealand to date, but they might if we are forced to pick sides.