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Economic reports archive.
Restoring the RBNZ’s dual mandate: mechanics and possible implications
The next general election will take place on 7 November. Current polling is very...
Four seasons in one day
The most recent data continues to show that the New Zealand economy has held...
Cruel summer
A strong El Niño is developing and could intensify further, raising the risk of hot...
Dogged persistence
We expect a 0.2% rise in GDP for the June quarter. That’s an improvement on our earlier...
RBNZ to pause in October, but hike in time for Christmas
As expected, the RBNZ hiked the Official Cash Rate by 25bps at last week’s meeting...
An appropriately balanced statement
As expected by Westpac and the market, the RBNZ lifted the OCR by 25bps to 2.75%...
Shaking it off
Our new Economic Overview depicts a recovering economy after a pause at the height of the Iran war. Growth is expected...
Economic Overview: Shaking it off
The economy appears to have weathered the disruptions stemming from the Iran war...
Preview of RBNZ September 2026 Monetary Policy Statement
We expect the RBNZ to raise the OCR by 25bp to 2.75% at its 2 September meeting...
The NZ-India Free Trade Agreement
The NZ/India FTA, currently in the process of being ratified, offers measurable benefits…
Counting down the days
Last week saw a handful of data releases, with no decisive signals for the RBNZ as it approaches…
Political drama and mixed data
While much of the focus remains on developments offshore, over the past week market...