NZ Dairy Update

Dairy prices jumped overnight, with prices rising across the board. Increasingly, prices...

02 Dec 2020 Agri

Update to Westpac’s OCR and exchange rate forecasts

We are now forecasting 25bps OCR cuts in May and August next year, taking the OCR...

01 Dec 2020 Economic data and RBNZ

Monthly Meat Matters

The New Zealand dollar jumped over November, cracking US$0.70 last week...

01 Dec 2020 Agri

No easy answers

Rising house prices, and the resulting political and social fallout, have been an...

30 Nov 2020 Weekly Commentary

House prices and the RBNZ's Remit

The Minister of Finance proposes changing the RBNZ’s Remit, as is his right...

26 Nov 2020 Economic data and RBNZ

Sugar rush

The lack of international tourists has left a big hole in the economy. However...

23 Nov 2020 Weekly Commentary

NZ Dairy Update

We set our initial 2021/22 farmgate milk price forecast at $7.00/kg. Our positive view...

18 Nov 2020 Agri

Economic Overview: Unintended consequences

Covid-19 has wreaked havoc for the travel and tourism sector, but the remainder...

17 Nov 2020 Economic Overview

FLPing houses – Review of RBNZ November MPS

The RBNZ introduced a largely no-strings-attached Funding for Lending...

11 Nov 2020 Economic data and RBNZ

Change in the mix

We expect that this week’s Monetary Policy Statement will reveal a change in...

09 Nov 2020 Weekly Commentary

Preview of RBNZ November 2020 Monetary Policy Statement

We expect next week’s MPS will be less dovish than markets expect. The key...

05 Nov 2020 Economic data and RBNZ

NZ Dairy Update

Dairy prices dip overnight, breaking a run of three consecutive rises. We assume...

04 Nov 2020 Agri