Review of RBNZ May 2025 Monetary Policy Statement

As widely expected and priced, today the RBNZ reduced the OCR by a further…

28 May 2025 Economic data and RBNZ

Westpac New Zealand RBNZ pulse client survey

There is a near-consensus that the RBNZ will cut the OCR by 25bps this week...

26 May 2025 Economic data and RBNZ

No surprise Budget; attention now turns to the RBNZ.

The key domestic focus for local markets last week was the tabling of Budget 2025…

26 May 2025 Weekly Commentary

Preview of RBNZ May 2025 Monetary Policy Statement

We expect the RBNZ to cut the OCR by 25bp to 3.25%...

23 May 2025 Economic data and RBNZ

Review of NZ Government Budget 2025

As expected, Budget 2025 revealed a slightly weaker fiscal outlook…

22 May 2025 Economic data and RBNZ

Hawks, doves, and kiwis

It’s been a tumultuous few months since our last update, with plenty of...

21 May 2025 Economic data and RBNZ

Economic data nothing to trumpet about… yet.

To quote a great New Zealander “It won’t happen overnight... but it will happen."

19 May 2025 Weekly Commentary

Economic Overview: Rolling with the punches

2025 has started pretty well. We have seen ample signs that the recovery...

13 May 2025 Economic Overview

Pencilling in an extra OCR cut to 3% while risks persist

On Tuesday we will be releasing updated economic forecasts in our May…

12 May 2025 Weekly Commentary

Updated OCR forecast profile

Past data look consistent with a gradually recovering economy as expected…

09 May 2025 Economic data and RBNZ

Preview of NZ Government Budget 2025

The Minister of Finance has stated that Budget 2025 will reaffirm…

08 May 2025 Economic data and RBNZ

Finance Minister signals a tight Budget

With Budget 2025 now coming into view, a key focus in...

05 May 2025 Weekly Commentary