Westpac Retail Spending Pulse, February 2026

February saw another solid lift in retail sales. Adjusting for normal seasonal…

06 Mar 2026 Economic data and RBNZ

The houseless recovery?

In this week’s report we look at whether New Zealand can achieve a sustained economic…

02 Mar 2026 Weekly Commentary

Reflecting on a dovish RBNZ

The RBNZ’s February policy update – the first under the watch of new RBNZ…

23 Feb 2026 Weekly Commentary

Review of RBNZ February 2026 Monetary Policy Statement

As widely expected, the RBNZ held the OCR at 2.25%. The decision was unanimous…

18 Feb 2026 Economic data and RBNZ

Westpac RBNZ client pulse survey, February 2026

Our February Westpac Client Pulse survey of 145 clients showed a strong consensus…

16 Feb 2026 Economic data and RBNZ

Picking up speed

Our latest Economic Overview, entitled “Picking up speed”, strikes a cautiously…

16 Feb 2026 Weekly Commentary

Economic Overview: Picking up speed

The economic news in the last couple of months of 2025 took a decided…

12 Feb 2026 Economic Overview

Change of OCR forecast, Feb 2026

Our first Economic Overview of 2026 includes a revised view on the shape of the RBNZ’s…

11 Feb 2026 Economic data and RBNZ

Preview of RBNZ February 2026 Monetary Policy Statement

We expect the OCR to remain at 2.25% at the RBNZ’s February policy meeting…

11 Feb 2026 Economic data and RBNZ

Westpac Retail Spending Pulse, January 2026

After a solid pickup in late 2025, retail spending growth has held firm in the…

10 Feb 2026 Economic data and RBNZ

Turning a corner

Last week’s labour force surveys showed that the jobs market remains soft, but with…

09 Feb 2026 Weekly Commentary

Hawks, doves, and kiwis

With monetary policy settings now clearly stimulatory and key export commodity…

05 Feb 2026 Economic data and RBNZ