SRA

Independent economist Rodney Dickens gives the RBNZ both barrels, arguing its incompetence in assessing the outlook for house prices and the labour market is so bad it will be a fluke if it makes good OCR decisions

Independent economist Rodney Dickens gives the RBNZ both barrels, arguing its incompetence in assessing the outlook for house prices and the labour market is so bad it will be a fluke if it makes good OCR decisions

Independent economist Rodney Dickens points out how weakly the ANZ business confidence survey correlates to actual outcomes and points to 'huge' political bias as a key reason

Independent economist Rodney Dickens points out how weakly the ANZ business confidence survey correlates to actual outcomes and points to 'huge' political bias as a key reason

Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn

Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn

Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts

Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts

Rodney Dickens identifies the structural shift the RBNZ made during the GFC that means the effective OCR is much higher than the actual OCR, explaining why our retail interest rates are at current levels

Rodney Dickens identifies the structural shift the RBNZ made during the GFC that means the effective OCR is much higher than the actual OCR, explaining why our retail interest rates are at current levels

Rodney Dickens crunches the numbers around the sharp drop in our factory PMI to see if it is signaling an imminent fall off in economic growth

Rodney Dickens crunches the numbers around the sharp drop in our factory PMI to see if it is signaling an imminent fall off in economic growth

Rodney Dickens says the Reserve Bank used dubious assertions to justify its aggressive rate cut. He says this is a misguided pro-growth experiment, much like the same one a decade ago

Rodney Dickens says the Reserve Bank used dubious assertions to justify its aggressive rate cut. He says this is a misguided pro-growth experiment, much like the same one a decade ago

Rodney Dickens says understanding how our local long term interest rates are influenced has huge implications for how much they will move in response to RBNZ and Government pro-growth and pro-inflation policies

Rodney Dickens says understanding how our local long term interest rates are influenced has huge implications for how much they will move in response to RBNZ and Government pro-growth and pro-inflation policies

Rodney Dickens says current official forecasts are tainted by wishful thinking and take no account of policies that will boost wage inflation. OCR cuts and fiscal stimulus will boost growth so that the labour market will be tighter next year than now

Rodney Dickens says current official forecasts are tainted by wishful thinking and take no account of policies that will boost wage inflation. OCR cuts and fiscal stimulus will boost growth so that the labour market will be tighter next year than now

Rodney Dickens says be wary of MBIE's National Construction Pipeline reports, especially their estimates of future residential construction

Rodney Dickens says be wary of MBIE's National Construction Pipeline reports, especially their estimates of future residential construction

Rodney Dickens checks how reliable economic forecasters' employment growth predictions are and how useful the leading indicators of employment are

Rodney Dickens checks how reliable economic forecasters' employment growth predictions are and how useful the leading indicators of employment are

Rodney Dickens says higher construction demand will soon attract building capacity, so KiwiBuild's demands will be responded to by industry without starving other sectors for long

Rodney Dickens says higher construction demand will soon attract building capacity, so KiwiBuild's demands will be responded to by industry without starving other sectors for long

Rodney Dickens doubts landlords' costs drive rents, suggesting it's more likely income growth does. But he finds there is confusion in the data with the biggest threat from inflation

Rodney Dickens doubts landlords' costs drive rents, suggesting it's more likely income growth does. But he finds there is confusion in the data with the biggest threat from inflation

Rodney Dickens says section prices are the key to solving the housing affordability problem, not higher density around transport hubs. He warns against force-feeding in areas that won't deliver the intended outcome

Rodney Dickens says section prices are the key to solving the housing affordability problem, not higher density around transport hubs. He warns against force-feeding in areas that won't deliver the intended outcome

Rodney Dickens says the business confidence surveys have major political bias, and he checks how accurately these surveys signal growth trends

Rodney Dickens says the business confidence surveys have major political bias, and he checks how accurately these surveys signal growth trends