Pausing for breath

As expected, the RBNZ left the Official Cash Rate on hold at 3.25% at its…

14 Jul 2025 Weekly Commentary

Time for a cup of tea

The RBNZ will likely leave the OCR unchanged at this week’s meeting and take…

07 Jul 2025 Weekly Commentary

Market biding time as next RBNZ meeting draws nearer

Over the past week New Zealand’s financial markets have continued to be…

30 Jun 2025 Weekly Commentary

Watching, worrying and waiting.

We are in an environment of better, albeit still bumpy, growth and rising…

23 Jun 2025 Weekly Commentary

Growth here and there, but not quite everywhere.

Thursday’s GDP report is expected to show some green shoots taking hold...

16 Jun 2025 Weekly Commentary

Back to data watching

Following the previous week’s eventful RBNZ meeting and associated…

09 Jun 2025 Weekly Commentary

RBNZ slowing its roll

As was widely expected and fully priced by the market, the RBNZ announced…

03 Jun 2025 Weekly Commentary

No surprise Budget; attention now turns to the RBNZ.

The key domestic focus for local markets last week was the tabling of Budget 2025…

26 May 2025 Weekly Commentary

Preview of RBNZ May 2025 Monetary Policy Statement

We expect the RBNZ to cut the OCR by 25bp to 3.25%...

23 May 2025 Economic data and RBNZ

Review of NZ Government Budget 2025

As expected, Budget 2025 revealed a slightly weaker fiscal outlook…

22 May 2025 Economic data and RBNZ

Hawks, doves, and kiwis

It’s been a tumultuous few months since our last update, with plenty of...

21 May 2025 Economic data and RBNZ

Economic data nothing to trumpet about… yet.

To quote a great New Zealander “It won’t happen overnight... but it will happen."

19 May 2025 Weekly Commentary