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Economic reports archive.
NZ Agri Bites
We have maintained our farmgate milk price forecast of $10.00/kg for this season…
Getting the OCR to where it needs to be
The key market-moving event over the week ahead is likely to be the RBNZ…
Preview of RBNZ October 2025 Monetary Policy Review
We expect the RBNZ to cut the OCR by 50bp to 2.5% at its October meeting…
A new chapter for the RBNZ; fiscal challenges loom.
The key domestic news last week was the announcement of the next RBNZ Governor…
Some further thoughts on the new RBNZ Governor
Dr Anna Breman will take over as RBNZ Governor on 1 December…
Westpac McDermott Miller Employment Confidence
Despite nudging higher in recent months, confidence about the state of New Zealand’s…
A week of surprises
While the general direction was mostly as expected, the magnitude of movement in some…
OCR change of call, September 2025
Very weak GDP implies greater than expected economic slack in Q2…
Westpac McDermott Miller Consumer Confidence
With the economy hitting a soft patch mid-year and cost of living pressures…
From high to low
This week brings the final data points for the June quarter, with the June…
Housing market update July 2025
As occurred in peer economies, real house prices in New Zealand have undergone…
NZ GDP preview, Q2 2025
We expect a 0.4% fall in GDP for the June quarter, following a 0.8% rise in the…