Stephen Toplis
‘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
15
‘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]
Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year
30th Oct 25, 1:28pm
11
Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year
[updated]
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
25th Aug 25, 11:18am
5
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
‘Game on!’: Economists get more than they expect from the Reserve Bank as it makes a 'bold' move projecting the Official Cash Rate to go as low as 2.5%
21st Aug 25, 7:00am
16
‘Game on!’: Economists get more than they expect from the Reserve Bank as it makes a 'bold' move projecting the Official Cash Rate to go as low as 2.5%
[updated]
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job
20th Aug 25, 2:14pm
41
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job
[updated]
New Zealand should ‘destroy’ the idea that the economy is linked to house price growth
15th Jul 25, 3:27pm
70
New Zealand should ‘destroy’ the idea that the economy is linked to house price growth
[updated]
New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
14th Jul 25, 10:53am
30
New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
Households are holding back spending as wage growth slows, prices keep climbing, and net wealth stalls
5th Jul 25, 9:00am
11
Households are holding back spending as wage growth slows, prices keep climbing, and net wealth stalls
[updated]
New Zealand firms still hopeful about an improvement in the economy despite demand remaining weak - latest NZIER Quarterly Survey of Business Opinion
1st Jul 25, 11:03am
5
New Zealand firms still hopeful about an improvement in the economy despite demand remaining weak - latest NZIER Quarterly Survey of Business Opinion
BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'
17th Jun 25, 2:08pm
11
BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'
[updated]
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
29th May 25, 1:24pm
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
Reserve Bank OCR decision hangs between global volatility and inflation pressures
26th May 25, 1:15pm
2
Reserve Bank OCR decision hangs between global volatility and inflation pressures
S&P, some economists and opposition parties criticise, or are underwhelmed by, Budget 2025
22nd May 25, 8:33pm
9
S&P, some economists and opposition parties criticise, or are underwhelmed by, Budget 2025
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
28th Apr 25, 1:29pm
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
David Hargreaves has a look at what the March quarter inflation figures might bring. That's the easy bit. The hard bit is trying to work out what might come next
13th Apr 25, 6:30am
12
David Hargreaves has a look at what the March quarter inflation figures might bring. That's the easy bit. The hard bit is trying to work out what might come next