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Economic reports archive.
No surprise Budget; attention now turns to the RBNZ.
The key domestic focus for local markets last week was the tabling of Budget 2025…
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."
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…