Ben Udy
[updated]
The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
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The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
Independent global economic researcher Capital Economics is now picking house price falls in New Zealand, Australia, Canada, Sweden, the UK and Norway; flat prices in US
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Independent global economic researcher Capital Economics is now picking house price falls in New Zealand, Australia, Canada, Sweden, the UK and Norway; flat prices in US
Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
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Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
Inflation had its biggest annual jump since 1990, driven by housing and fuel related costs
Independent global economic researcher Capital Economics says some countries' housing markets look vulnerable to 'even a modest rise' in interest rates - and the New Zealand market is pinpointed as one for particular concern
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Independent global economic researcher Capital Economics says some countries' housing markets look vulnerable to 'even a modest rise' in interest rates - and the New Zealand market is pinpointed as one for particular concern
Latest labour market figures blow all economists' expectations out of the water once again
Statistics New Zealand says the Consumers Price Index rose 2.2% in September quarter, which was by far more than economists and the Reserve Bank picked
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Statistics New Zealand says the Consumers Price Index rose 2.2% in September quarter, which was by far more than economists and the Reserve Bank picked
NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
14
NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
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Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
Kiwis now seem to be unloading some of the partly enforced savings they made last year - and that might not be helping an economy that's starting to overheat
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Kiwis now seem to be unloading some of the partly enforced savings they made last year - and that might not be helping an economy that's starting to overheat
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
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The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
27
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
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The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
Global independent economic researchers Capital Economics have doubled down on forecasts of rising interest rates from next year and now see quantitative easing ending by the middle of this year
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Global independent economic researchers Capital Economics have doubled down on forecasts of rising interest rates from next year and now see quantitative easing ending by the middle of this year
Global independent economic researchers Capital Economics see the Reserve Bank as needing to lift interest rates from next year as economic conditions improve beyond expectations
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Global independent economic researchers Capital Economics see the Reserve Bank as needing to lift interest rates from next year as economic conditions improve beyond expectations