No surprises

The RBNZ keep the Official Cash Rate on hold last week, and we expect it will...

26 Jun 2017 Weekly Commentary

RBNZ OCR review, June 2017 – A statement of neutrality

The Reserve Bank left the Official Cash Rate unchanged at 1.75%, and reiterated...

22 Jun 2017 Economic data and RBNZ

Fortnightly Agri Update

We continue to see strength in the market for lamb. This has been underpinned...

21 Jun 2017 Agri

Coming up short again

The New Zealand economy grew by 0.5% in the March quarter, which was softer...

19 Jun 2017 Weekly Commentary

Westpac McDermott Miller Consumer Confidence

June saw widespread gains in consumer confidence...

19 Jun 2017 Confidence surveys

RBNZ OCR preview, June 2017 – Firmly, firmly neutral

We expect the Reserve Bank to hold the OCR at 1.75% next week and to maintain...

16 Jun 2017 Economic data and RBNZ

NZ Q1 GDP review – Coming up short again

GDP rose by 0.5% in the March quarter, the second quarter in a row of subdued...

15 Jun 2017 Economic data and RBNZ

NZ current account, Q1 2017 – No cause for alarm

The current account deficit widened to 3.1% of GDP in the year to March. The increase...

14 Jun 2017 Economic data and RBNZ

NZ Local Knowledge

April was a fairly robust month for the New Zealand economy, with gains in 14...

13 Jun 2017 Economic data and RBNZ

There and back again

We expect this week’s GDP figures to show a more ‘normal’ pace of growth over the...

12 Jun 2017 Weekly Commentary

NZ Q1 GDP and BoP preview – There and back again

We estimate that GDP rose by 0.8% in the March quarter, after a 0.4% rise in...

09 Jun 2017 Economic data and RBNZ

Fortnightly Agri Update

The GlobalDairyTrade (GDT) auction has continued to rally and lift the spirits of...

07 Jun 2017 Agri