NZ GDP preview, Q1 2024

We expect a 0.2% fall in GDP for the March 2024 quarter. This would be…

10 Jun 2024 Economic data and RBNZ

Spotlighting agriculture

One of the key events last week was the Global Dairy Trade auction…

10 Jun 2024 Weekly Commentary

NZ Dairy Update

Dairy prices rose a further 1.7% in today’s auction, with modest gains...

05 Jun 2024 Agri

Budget 2024 confirms bumpy road back to surplus

The focus in New Zealand last week was the release of Budget 2024…

04 Jun 2024 Weekly Commentary

Review of New Zealand Government Budget 2024

Budget 2024 confirmed a weaker fiscal outlook than forecast in December…

30 May 2024 Economic data and RBNZ

Retail Spending Pulse

Despite a pickup in recent months, retail spending levels have effectively been…

29 May 2024 Economic data and RBNZ

Productivity of New Zealand agriculture

Lifting productivity in agriculture is crucial if New Zealand is to deliver…

28 May 2024 Economic data and RBNZ, Research papers

This is what it sounds like when hawks fly

While delivering the expected on-hold decision at its May policy meeting…

27 May 2024 Weekly Commentary

Review of RBNZ Monetary Policy Statement, May 2024

The RBNZ left the OCR at 5.5% at its May policy meeting, as was widely expected…

22 May 2024 Economic data and RBNZ

NZ Dairy Update

Dairy prices rose a further 3.3% in today’s auction. All products rose…

22 May 2024 Agri

Westpac New Zealand RBNZ pulse client survey

Market participants see an earlier start to RBNZ easing than RBNZ…

20 May 2024 Economic data and RBNZ

Persistent inflation to keep the champagne stoppered

New Zealand is now doing the hard yards that are needed to bring the…

20 May 2024 Weekly Commentary