Economic reports archive.
Preview of RBNZ May 2025 Monetary Policy Statement
We expect the RBNZ to cut the OCR by 25bp to 3.25%...
Review of NZ Government Budget 2025
As expected, Budget 2025 revealed a slightly weaker fiscal outlook…
Hawks, doves, and kiwis
It’s been a tumultuous few months since our last update, with plenty of...
Economic data nothing to trumpet about… yet.
To quote a great New Zealander “It won’t happen overnight... but it will happen."
Economic Overview: Rolling with the punches
2025 has started pretty well. We have seen ample signs that the recovery...
Pencilling in an extra OCR cut to 3% while risks persist
On Tuesday we will be releasing updated economic forecasts in our May…
Updated OCR forecast profile
Past data look consistent with a gradually recovering economy as expected…
Preview of NZ Government Budget 2025
The Minister of Finance has stated that Budget 2025 will reaffirm…
Finance Minister signals a tight Budget
With Budget 2025 now coming into view, a key focus in...
NZ Agri Bites
Our forecast for this season’s farmgate milk price remains at $10.30/kg…
NZ labour market preview, Q1 2025
We expect a further rise in the unemployment rate from 5.1% to 5.3%...
A gradual and uneven thaw in economic conditions
For the past few weeks Westpac’s teams have been talking to households…