17th Jun 20, 9:27am
House prices have been trending down since they peaked in March, Westpac economist says the decline will be worse than the recessions of the 1990s
House prices have been trending down since they peaked in March, Westpac economist says the decline will be worse than the recessions of the 1990s
[Updated]
15th May 20, 9:44am
Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says
[Updated]
Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says
9th May 20, 12:22pm
RBNZ expected to double QE programme on Wednesday, but will it provide more forward guidance and signal it might - just maybe - cut the OCR before next year?
RBNZ expected to double QE programme on Wednesday, but will it provide more forward guidance and signal it might - just maybe - cut the OCR before next year?
28th Apr 20, 10:00am
Westpac chief economist and Triple T Consulting founder expect the RBNZ will have to take the OCR into negative territory earlier than indicated
Westpac chief economist and Triple T Consulting founder expect the RBNZ will have to take the OCR into negative territory earlier than indicated
14th Apr 20, 12:28pm
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
[Updated]
24th Mar 20, 3:43pm
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
[Updated]
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
[Updated]
23rd Mar 20, 8:23am
The RBNZ will buy up to $30 bln of Government bonds as the negative impacts of the emergency intensify in New Zealand and financial conditions tighten 'unnecessarily'
[Updated]
The RBNZ will buy up to $30 bln of Government bonds as the negative impacts of the emergency intensify in New Zealand and financial conditions tighten 'unnecessarily'
20th Mar 20, 1:22pm
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
[Updated]
20th Mar 20, 8:20am
The RBNZ issues details of its plan to ensure financial markets don't freeze up during the global Covid-19 emergency
[Updated]
The RBNZ issues details of its plan to ensure financial markets don't freeze up during the global Covid-19 emergency
6th Mar 20, 2:08pm
Westpac NZ slashes forecasts for house price growth and GDP as coronavirus starts to hit jobs and consumer spending
Westpac NZ slashes forecasts for house price growth and GDP as coronavirus starts to hit jobs and consumer spending
[Updated]
28th Feb 20, 1:05pm
Sharon Zollner, chief economist at NZ's biggest bank, says as the economic impact of coronavirus rises so to do the odds of RBNZ OCR cuts
[Updated]
Sharon Zollner, chief economist at NZ's biggest bank, says as the economic impact of coronavirus rises so to do the odds of RBNZ OCR cuts
18th Feb 20, 11:48am
Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
6th Feb 20, 9:08am
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
12th Nov 19, 7:57pm
RBNZ survey shows drop in inflation expectations; Data seen to increase likelihood of an OCR cut on Wednesday; NZD weaker
RBNZ survey shows drop in inflation expectations; Data seen to increase likelihood of an OCR cut on Wednesday; NZD weaker
11th Nov 19, 11:28am
The market is unusually divided about whether the RBNZ will cut interest rates or not in its next review this week - but either way a strong reaction can be expected
The market is unusually divided about whether the RBNZ will cut interest rates or not in its next review this week - but either way a strong reaction can be expected
6th Nov 19, 9:59am
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
31st Oct 19, 2:57pm
US and Australian central banks might be hitting pause on interest rate cuts, and the NZ economy doesn't look that bad, so Westpac economists no longer believe the OCR will be cut in a fortnight
US and Australian central banks might be hitting pause on interest rate cuts, and the NZ economy doesn't look that bad, so Westpac economists no longer believe the OCR will be cut in a fortnight
18th Sep 19, 11:06am
Westpac economists say unconventional monetary policy could help the Reserve Bank meet its inflation target but they warn that any monetary policy is 'no panacea'
Westpac economists say unconventional monetary policy could help the Reserve Bank meet its inflation target but they warn that any monetary policy is 'no panacea'
13th Aug 19, 2:20pm
Westpac economists reiterate forecast of 7% house price inflation next year but admit it's far from certain
Westpac economists reiterate forecast of 7% house price inflation next year but admit it's far from certain
8th Aug 19, 12:15pm
In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
