Soggy activity data ahead of key CPI report

Following this month’s RBNZ meeting, which resulted in the first OCR hike in three years...

20 Jul 2026 Weekly Commentary

NZ CPI preview, Q2 2026

With the war in the Middle East pushing oil prices sharply, consumer price...

17 Jul 2026 Economic data and RBNZ

From nail-biter to head-scratcher

The RBNZ kicked off a new tightening cycle last week, raising the OCR by 25bps...

13 Jul 2026 Weekly Commentary

RBNZ Monetary Policy Review July 2026

The RBNZ raised the OCR by 25bps to 2.5%. The decision was reached by consensus...

08 Jul 2026 Economic data and RBNZ

Women in business: Encouraging more women-led businesses.

It is estimated that women own just under a third of New Zealand businesses, well below parity...

07 Jul 2026 Research papers

Keep calm and focus on the data

We expect the Reserve Bank of New Zealand (RBNZ) will leave the Official Cash Rate (OCR)...

06 Jul 2026 Weekly Commentary

Preview of RBNZ July 2026 Monetary Policy Review

We expect the RBNZ to leave the OCR at 2.25% at the 8 July Review. Much has changed...

30 Jun 2026 Economic data and RBNZ

RBNZ to scale back OCR hikes as energy prices recede

A great deal has changed since early May, when we last reviewed our forecasts...

29 Jun 2026 Weekly Commentary

OCR forecast change, June 2026

Recent developments mean that the RBNZ’s outlook for the OCR has likely moved back...

25 Jun 2026 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence, Q2 2026

The Westpac-McDermott Miller Employment Confidence Index fell by 12.5 points to 83.1 in the June quarter...

23 Jun 2026 Confidence surveys

July RBNZ pause more likely following ceasefire

With global fuel prices dropping back, the current uplift in inflation is likely...

22 Jun 2026 Weekly Commentary

NZ GDP review chart pack, Q1 2026

GDP rose by 0.8% in the March quarter. That was within the range of market forecasts...

19 Jun 2026 Economic data and RBNZ