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Nick Tuffley

The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
16th Sep 21, 11:01am
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The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
A $41 billion reason for why the Government needs to stop avoiding debate over its spending by dismissing the topic as supposedly niche
14th Sep 21, 1:43pm
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A $41 billion reason for why the Government needs to stop avoiding debate over its spending by dismissing the topic as supposedly niche
ASB chief economist expects house price growth to be 'dead in the water' next year
12th Sep 21, 5:39pm
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ASB chief economist expects house price growth to be 'dead in the water' next year
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
31st Aug 21, 2:27pm
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
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
23rd Aug 21, 2:43pm
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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
Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
18th Aug 21, 2:07pm
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Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
17th Aug 21, 8:53pm
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ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
14th Jul 21, 7:09pm
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Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
ASB and BNZ tip imminent interest rate rise after NZIER latest Quarterly Survey of Business Opinion shows worst ever shortage of labour, while inflation pressures are continuing to mount
6th Jul 21, 10:42am
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ASB and BNZ tip imminent interest rate rise after NZIER latest Quarterly Survey of Business Opinion shows worst ever shortage of labour, while inflation pressures are continuing to mount
ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
17th Jun 21, 11:05am
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ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
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
18th Mar 21, 11:03am
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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
20th Feb 21, 12:27pm
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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
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
15th Feb 21, 11:53am
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Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
Statistics New Zealand says the country enjoyed record economic growth in the past quarter as the economy bounced back from lockdown and an 11% drop in economic activity in the June quarter
17th Dec 20, 10:57am
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Statistics New Zealand says the country enjoyed record economic growth in the past quarter as the economy bounced back from lockdown and an 11% drop in economic activity in the June quarter
Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year
23rd Oct 20, 11:11am
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Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year
How the RBNZ is planning to get banks to cut interest rates without them worrying about pushing away savers and the funding they provide
24th Sep 20, 7:32am
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How the RBNZ is planning to get banks to cut interest rates without them worrying about pushing away savers and the funding they provide
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
17th Sep 20, 10:58am
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Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
Economists see the Reserve Bank having to do much more in future with its quantitative easing programme after inflation dropped 0.5% in the June quarter
16th Jul 20, 11:00am
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Economists see the Reserve Bank having to do much more in future with its quantitative easing programme after inflation dropped 0.5% in the June quarter
Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
18th Jun 20, 10:57am
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Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
17th Jun 20, 11:01am
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NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
27th May 20, 5:02am
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ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
Our economists are talking recession with a capital R: 'It won't be a shallow one'
16th Mar 20, 4:54pm
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Our economists are talking recession with a capital R: 'It won't be a shallow one'
Reserve Bank of Australia cuts cash rate to just 0.50% to 'support the economy as it responds to the global coronavirus outbreak'
3rd Mar 20, 4:43pm
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Reserve Bank of Australia cuts cash rate to just 0.50% to 'support the economy as it responds to the global coronavirus outbreak'
ANZ economists see the RBNZ swooping in to stimulate the economy by cutting interest rates this month and then again in May, as the risk of a recession looms; Other bank economists call for calm and more targeted govt spending
2nd Mar 20, 10:32am
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ANZ economists see the RBNZ swooping in to stimulate the economy by cutting interest rates this month and then again in May, as the risk of a recession looms; Other bank economists call for calm and more targeted govt spending
ASB's chief economist says lower mortgage rates have pushed up housing confidence but warns it doesn't herald a return to boom times
9th Dec 19, 5:00am
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ASB's chief economist says lower mortgage rates have pushed up housing confidence but warns it doesn't herald a return to boom times