Same-same, but different.

Inflation surprised to the upside in both New Zealand and Australia in the latter…

02 Feb 2026 Weekly Commentary

Firm CPI leaves RBNZ with less room to manoeuvre

International economic and political developments have continued to buffet domestic…

27 Jan 2026 Weekly Commentary

A hiss and a roar

While the summer holiday period isn’t over yet for many Kiwis, the economic data…

19 Jan 2026 Weekly Commentary

NZ GDP chart pack, Q3 2025

GDP grew by 1.1% in the September quarter, ahead of our 0.9% pick and at...

19 Dec 2025 Economic data and RBNZ

Half-Year Economic and Fiscal Update December 2025

The HYEFU revealed a modestly weaker economic and fiscal outlook but with a…

16 Dec 2025 Economic data and RBNZ

Jingle all the way

As is often the case, a lot of economic data has been squeezed into the days…

15 Dec 2025 Weekly Commentary

NZ GDP preview, Q3 2025

We expect a 0.9% rise in GDP for the September quarter...

11 Dec 2025 Economic data and RBNZ

After the dust settled

It’s been an interesting time in New Zealand interest rate markets in the…

08 Dec 2025 Weekly Commentary

Preview of Half-Year Economic and Fiscal Update December 2025

On 16 December the Government will provide an update on the state of its…

04 Dec 2025 Economic data and RBNZ

Market reaction to RBNZ November 2025 Monetary Policy Statement

The week since the RBNZ Monetary Policy Statement has seen a marked increase in…

03 Dec 2025 Economic data and RBNZ

RBNZ cuts 25bps, turns neutral; data flow turns up.

The main local event last week was the RBNZ’s final OCR review and Monetary…

01 Dec 2025 Weekly Commentary

Review of RBNZ November 2025 Monetary Policy Statement

The RBNZ cut the OCR by 25bps to 2.25%. The decision was made following…

26 Nov 2025 Economic data and RBNZ