Michael Gordon
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'
18th Sep 19, 11:06am
12
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'
New Gross Domestic Product figures out this week expected to show quarterly growth of around 0.5% and annual growth of a little over 2%; such figures would be in line with RBNZ expectations
16th Sep 19, 12:54pm
37
New Gross Domestic Product figures out this week expected to show quarterly growth of around 0.5% and annual growth of a little over 2%; such figures would be in line with RBNZ expectations
Economists expect June quarter inflation to pick-up in line with the Reserve Bank's expectations; All eyes will be on whether there are enough underlying weaknesses in the data to prompt two more OCR cuts this year
13th Jul 19, 9:03am
18
Economists expect June quarter inflation to pick-up in line with the Reserve Bank's expectations; All eyes will be on whether there are enough underlying weaknesses in the data to prompt two more OCR cuts this year
GDP growth steady at 0.6% in March quarter off the back of higher construction activity; Figures over-shoot Reserve Bank forecasts
20th Jun 19, 10:52am
46
GDP growth steady at 0.6% in March quarter off the back of higher construction activity; Figures over-shoot Reserve Bank forecasts
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
30th May 19, 2:58pm
9
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
The Reserve Bank says in its latest Financial Stability Report that it is 'imperative' to improve New Zealand’s financial system resilience while conditions are conducive
29th May 19, 9:07am
3
The Reserve Bank says in its latest Financial Stability Report that it is 'imperative' to improve New Zealand’s financial system resilience while conditions are conducive
Business confidence down again according to ANZ Business Outlook Survey; Data suggests 'significant downside risk for private sector residential building activity'
28th Mar 19, 1:29pm
42
Business confidence down again according to ANZ Business Outlook Survey; Data suggests 'significant downside risk for private sector residential building activity'
Economy expands by 0.6% in December quarter surprising the Reserve Bank but not the market; Economists divided over whether slow growth will persist in 2019
21st Mar 19, 10:51am
46
Economy expands by 0.6% in December quarter surprising the Reserve Bank but not the market; Economists divided over whether slow growth will persist in 2019
GDP figures out next week widely expected to show an annual economic growth rate below 3% for the first time since late 2014
14th Mar 19, 1:40pm
27
GDP figures out next week widely expected to show an annual economic growth rate below 3% for the first time since late 2014
No major surprises as inflation rises 0.1% in Dec quarter and 1.9% in year to Dec; Economists' OCR outlooks differ but remain unchanged
23rd Jan 19, 11:00am
22
No major surprises as inflation rises 0.1% in Dec quarter and 1.9% in year to Dec; Economists' OCR outlooks differ but remain unchanged
Business confidence picks up to highest level since April according to ANZ survey; Tight credit conditions seen to be the loosest they've been in more than two years
18th Dec 18, 4:58pm
2
Business confidence picks up to highest level since April according to ANZ survey; Tight credit conditions seen to be the loosest they've been in more than two years
We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table
15th Oct 18, 11:44am
23
We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table
Westpac economist Michael Gordon argues capacity constraints are restricting government spending more than its debt rules
10th Oct 18, 6:48am
12
Westpac economist Michael Gordon argues capacity constraints are restricting government spending more than its debt rules
Stats NZ says June quarter GDP surged 1% against expectations of 0.8% rise; biggest increase in 2 years; size of the rise means OCR cuts may now be off the table
20th Sep 18, 10:59am
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Stats NZ says June quarter GDP surged 1% against expectations of 0.8% rise; biggest increase in 2 years; size of the rise means OCR cuts may now be off the table
Further falls in global dairy prices indicate that even a $6.50 farmgate milk price could be in doubt
22nd Aug 18, 4:31pm
16
Further falls in global dairy prices indicate that even a $6.50 farmgate milk price could be in doubt
Economists say it’s likely New Zealand’s unemployment rate won’t move when the data is released on Wednesday, but wage inflation is expected to jump
30th Jul 18, 12:01pm
7
Economists say it’s likely New Zealand’s unemployment rate won’t move when the data is released on Wednesday, but wage inflation is expected to jump
Finance Minister and Opposition Finance Spokeswoman spar in Parliament after economic growth in the first quarter of the year comes in at a lacklustre 0.5%, with no movement on per capita GDP
21st Jun 18, 4:44pm
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Finance Minister and Opposition Finance Spokeswoman spar in Parliament after economic growth in the first quarter of the year comes in at a lacklustre 0.5%, with no movement on per capita GDP
The Minister of Workplace Relations Iain Lees-Galloway is not taking much notice of a Westpac report which shows the Government’s minimum wage increase will add 0.2% to the unemployment rate
12th Apr 18, 4:32pm
6
The Minister of Workplace Relations Iain Lees-Galloway is not taking much notice of a Westpac report which shows the Government’s minimum wage increase will add 0.2% to the unemployment rate
A new RBNZ Policy Targets Agreement is due before Adrian Orr takes the RBNZ’s top job on March 27. What it will say is the subject of much debate
18th Mar 18, 7:07am
5
A new RBNZ Policy Targets Agreement is due before Adrian Orr takes the RBNZ’s top job on March 27. What it will say is the subject of much debate
Unemployment is at a near decade low, but wage growth continues to remain subdued. Economists have divided opinions about what’s keeping wage inflation so sluggish
7th Feb 18, 3:34pm
17
Unemployment is at a near decade low, but wage growth continues to remain subdued. Economists have divided opinions about what’s keeping wage inflation so sluggish
Statistics NZ says GDP grew 0.6% in September quarter and 3.0% over September year. Quarterly GDP per capita up 0.2%, Earlier than expected OCR hikes?
21st Dec 17, 10:51am
18
Statistics NZ says GDP grew 0.6% in September quarter and 3.0% over September year. Quarterly GDP per capita up 0.2%, Earlier than expected OCR hikes?
House prices are tumbling in the main centres. Westpac says market will remain "very soft" for next two years
11th Aug 17, 10:00am
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House prices are tumbling in the main centres. Westpac says market will remain "very soft" for next two years
Winter's icy grip takes hold of housing market as prices and volumes fall
Current account deficit widening faster than Treasury expected, as record imports boost quarterly gap between what foreigners earn from NZ vs what we earn from abroad to record since GFC
14th Jun 17, 11:00am
23
Current account deficit widening faster than Treasury expected, as record imports boost quarterly gap between what foreigners earn from NZ vs what we earn from abroad to record since GFC
Official Cash Rate set to remain at 1.75% but RBNZ's MPS to be perused closely for forecasts on future hikes, inflation outlook and comments on the softening housing market
8th May 17, 8:23am
4
Official Cash Rate set to remain at 1.75% but RBNZ's MPS to be perused closely for forecasts on future hikes, inflation outlook and comments on the softening housing market