Nat Keall
ASB's latest housing confidence survey shows that for the first time in 18 months more Kiwis are expecting house prices to rise than fall; ASB economists say 'it's an important watershed'
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ASB's latest housing confidence survey shows that for the first time in 18 months more Kiwis are expecting house prices to rise than fall; ASB economists say 'it's an important watershed'
Economists are upgrading their milk price forecasts again after a further recovery in global dairy prices at the latest auction
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Economists are upgrading their milk price forecasts again after a further recovery in global dairy prices at the latest auction
Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
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Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
ASB economist Nat Keall says the global dairy market is well supplied in the near-term, 'and it is difficult to see a catalyst for much strengthening in demand'
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ASB economist Nat Keall says the global dairy market is well supplied in the near-term, 'and it is difficult to see a catalyst for much strengthening in demand'
ASB economists estimate higher interest rates have added an average of 60 cents per kilogram of milk solids to debt servicing costs for dairy farmers over the past year
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ASB economists estimate higher interest rates have added an average of 60 cents per kilogram of milk solids to debt servicing costs for dairy farmers over the past year
Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy
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Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy
Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows
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Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows
[updated]
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
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REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
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Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet
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Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet
[updated]
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
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Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
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BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
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Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
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Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time
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Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time