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

Weekly Economics Video Update

29 May:

It is clear that New Zealand is in a recessionary environment. However, some recent data is tentatively suggesting that the recession may not quite be as severe as our earlier forecasts. But it is early days yet, and we still have much to learn about the post-Covid environment.

22 May:

We now expect the OCR will fall to -0.5% in April 2021 (previously November 2020), following RBNZ comments to clarify the timing. That is going to leave more work for the RBNZ’s bond buying programme, which has limited headroom. Meanwhile, the latest housing market data confirms the idea that house prices will fall over the coming months.

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.

4 October:

Chinese demand for New Zealand’s agricultural exports has held up better than expected, even as the wider economy has been hurt by the trade war with the US. 

6 September:

The Interim Climate Change Commission has recommended how to bring agriculture within New Zealand’s effort to become a low-carbon economy. This month we discuss the implications for farmers.