NZ Agri Bites

Our forecast for this season’s farmgate milk price remains at $10.30/kg…

02 May 2025 Agri

NZ labour market preview, Q1 2025

We expect a further rise in the unemployment rate from 5.1% to 5.3%...

30 Apr 2025 Economic data and RBNZ

A gradual and uneven thaw in economic conditions

For the past few weeks Westpac’s teams have been talking to households…

28 Apr 2025 Weekly Commentary

Regional Roundup

Since our last update, economic conditions have remained cool across the country…

23 Apr 2025 Regional Roundup

Low risk of an inflation undershoot

Last week was largely free of fresh shocks on the global trade front…

22 Apr 2025 Weekly Commentary

NZ CPI review, Q1 2025

Consumer prices rose 0.9% in the March quarter. That saw the annual…

17 Apr 2025 Economic data and RBNZ

Watch this space and don’t panic

What a week. Financial markets were thrown into turmoil in the wake…

14 Apr 2025 Weekly Commentary

NZ CPI preview, Q1 2025

We estimate that New Zealand consumer prices rose by 0.7% in the…

11 Apr 2025 Economic data and RBNZ

RBNZ Monetary Policy Review, April 2025

As widely expected, the RBNZ lowered the OCR by 25bps to 3.5%...

09 Apr 2025 Economic data and RBNZ

US tariffs unhelpful, but manageable

The key influence on domestic markets over the past…

07 Apr 2025 Weekly Commentary

Impact of U.S. tariffs on New Zealand

New Zealand is to be subject to additional tariffs of 10%...

03 Apr 2025 Economic data and RBNZ

Preview of RBNZ April 2025 Monetary Policy Review

We expect the OCR will be cut 25bp to 3.5%. The RBNZ will retain an easing bias…

02 Apr 2025 Economic data and RBNZ