19 Jan 2022 Agri

NZ Dairy Update

Dairy prices jumped overnight, with cheddar and butter prices setting record highs…

20 Dec 2021 Confidence surveys

Westpac McDermott Miller Consumer Confidence

Consumer confidence has continued to fall, and there are now more…

20 Dec 2021 Weekly Commentary

That’s a wrap

It’s been quite a journey for the New Zealand economy over 2021, and our views have…

16 Dec 2021 Economic data and RBNZ

NZ GDP review, Q3 2021

GDP fell by 3.7% in the September quarter, following a 2.4% rise in June…

15 Dec 2021 Economic data and RBNZ

NZ Half-Year Economic and Fiscal Update

The Half-Year Economic and Fiscal Update (HYEFU) shows material improvement in…

13 Dec 2021 Weekly Commentary

Was Covid’s bark worse than its bite?

The festive season is upon us. And as the economy opens up again, households are...

10 Dec 2021 Economic data and RBNZ

NZ GDP and current account preview, Q3 2021

We expect a 3% fall in GDP for the September quarter due to the Delta-…

08 Dec 2021 Agri

NZ Dairy Update

We have upgraded our 2021/22 farmgate milk price forecast to $9.00/kg...

06 Dec 2021 Weekly Commentary

Summer breeze for the housing market?

Housing-related data this month has hinted at some early signs of a cooling in the…

29 Nov 2021 Weekly Commentary

Inflation asteroid requires higher interest rates

Last week’s policy statement from the Reserve Bank of New Zealand reinforced…

24 Nov 2021 Economic data and RBNZ

RBNZ Monetary Policy Statement review, November 2021

The Reserve Bank increased the OCR by 25 basis points to 0.75%, and signalled...

22 Nov 2021 Weekly Commentary

We have lift-off

The Delta outbreak has disrupted economic activity and is set to remain a drag on...