Bite-sized video updates on the New Zealand economy and markets.
We expect 2017 to feature moderate economic growth, a gradual lift in inflation from its lows, and a more subdued pace of growth in house prices.
Another strong set of national accounts is expected to cap off the year. But 2017 will present a new set of challenges for the New Zealand economy.
The Prime Minister’s resignation makes it more uncertain what the policy mix will look like after next year’s election. But the improving fiscal accounts mean that the government has options.
The Reserve Bank is still seeking to use debt-to-income ratio limits to cool the housing market. But rising interest rates could do the trick instead.
We hope you find these updates helpful in shaping a view of what's in store for you beyond the farm gate.
We look at the demand and supply factors that are pushing dairy prices higher, and note that the world is shifting to an environment of rising rather than falling interest rates.
World dairy prices have surged even higher, on expectations of a steep drop in milk production. We remain sceptical that volumes will be as weak as forecast, but for now the outlook for this season’s payout is looking brighter.
This month we take a look at what’s going on in dairy markets, as well as some of NZ’s other commodity exports.
World dairy prices have rebounded strongly in recent weeks. But we’re cautious about the extent to which world demand and supply have corrected.
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