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Nick Tuffley

Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out
8th Jul 26, 6:22pm
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Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out
ASB changes tack on the Reserve Bank's Official Cash Rate outlook, now expects July OCR pause as US-Iran Memorandum of Understanding cools oil prices
26th Jun 26, 11:52am
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ASB changes tack on the Reserve Bank's Official Cash Rate outlook, now expects July OCR pause as US-Iran Memorandum of Understanding cools oil prices
Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
27th May 26, 5:45pm
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Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
18th Dec 25, 2:42pm
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'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
Stats NZ says the 1.1% rise in economic activity in the September 2025 quarter was broad-based, with increases in 14 out of 16 industries
18th Dec 25, 10:53am
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Stats NZ says the 1.1% rise in economic activity in the September 2025 quarter was broad-based, with increases in 14 out of 16 industries
Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February
15th Dec 25, 2:31pm
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Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February
Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come
9th Dec 25, 5:00am
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Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come
‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
27th Nov 25, 8:45am
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‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
[updated]
Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now
26th Nov 25, 2:15pm
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Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
20th Oct 25, 2:19pm
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Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
'There is an element of being punished because NZ has great scenery and because Americans want to eat far more hamburgers than the Duttons on Yellowstone ranch can produce beef for'
4th Aug 25, 1:16pm
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'There is an element of being punished because NZ has great scenery and because Americans want to eat far more hamburgers than the Duttons on Yellowstone ranch can produce beef for'
ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged
26th Jun 25, 3:04pm
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ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged
Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
24th Mar 25, 2:42pm
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Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
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Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
[updated]
Reserve Bank declares victory on inflation and delivers double whammy rate cut
9th Oct 24, 2:01pm
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Reserve Bank declares victory on inflation and delivers double whammy rate cut