Swings and roundabouts

Last week’s soft dairy auction result, and a monster March quarter for the...

09 Jun 2014 Weekly Commentary

RBNZ Monetary Policy Statement Preview

We expect the RBNZ to hike the OCR by 25 basis points next week, and to...

05 Jun 2014 Economic data and RBNZ

NZ building activity survey, Q1 2014

Building work put in place rose 16% in the March quarter, well ahead of our...

04 Jun 2014 Economic data and RBNZ

Fortnightly Agri Update

Last week’s big news was Fonterra’s announcement of its opening payout...

04 Jun 2014 Agri

NZ Terms of Trade, Q1 2014

The terms of trade rose further in the March quarter, to reach its highest level in more...

03 Jun 2014 Economic data and RBNZ

Off the boil, but still hot

While the New Zealand economy started the year at a rolling boil, it now appears to...

03 Jun 2014 Weekly Commentary

Taking a second look

A couple of weeks ago the high exchange rate and weak inflation pressure lead us...

26 May 2014 Weekly Commentary

Fortnightly Agri Update

Last week the Reserve Bank published its biannual Financial Stability Report (FSR)...

21 May 2014 Agri

The nature of democracy

Recent developments have allayed some of our concerns that the private sector...

19 May 2014 Weekly Commentary

First Impressions Budget 2014

The highlight of Budget 2014 was a notable increase in the spending allowance...

15 May 2014 Economic data and RBNZ

New Zealand Government Budget 2014

The Government has decided to increase future spending allowances, without any...

15 May 2014 Economic data and RBNZ

NZ retail sales, Q1 2014

Retail sales growth slowed in the March quarter, rising 0.7%. This was a bit softer...

14 May 2014 Economic data and RBNZ