Bite-sized video updates on the New Zealand economy and markets.
After a slow start to the year, economic growth looks like it rebounded in the June quarter. However, we continue to see signs that growth is easing off again through the back half of the year.
More data showing construction activity has stagnated, but farmers are doing well and that’s breeding confidence around rural New Zealand.
We hope you find these updates helpful in shaping a view of what's in store for you beyond the farm gate.
Farmers’ fortunes are closely tied to the global economy. Right now, it is actually pretty smooth sailing, with positive global conditions set to continue for a while yet.
I have returned from my sabbatical to find rural New Zealand in much better shape than it was a year ago.
All opinions, statements and analysis expressed are based on information current at the time of writing from sources which Westpac believes to be authentic and reliable. Westpac issues no invitation to anyone to rely on this information current t time of writing and intends by this statement to exclude liability, to the extent permitted by law, for any such opinion, statement and analysis. The content of this material is a guide only. It does not take into account your personal financial situation and goals. You should obtain independent professional advice.