Stephen Toplis
In the Of Interest podcast, Governor Anna Breman says Reserve Bank 'will do what is best for the NZ economy and to reach our inflation target' even if it's an OCR hike in the election run-in
24th Jan 26, 10:06am
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In the Of Interest podcast, Governor Anna Breman says Reserve Bank 'will do what is best for the NZ economy and to reach our inflation target' even if it's an OCR hike in the election run-in
[updated]
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
23rd Jan 26, 4:33pm
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‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
[updated]
NZIER says QSBO shows economic recovery starting to take shape with effects of lower interest rates flowing into broader economy. BNZ's Toplis sees 'clear signs' inflationary pressures are rising
13th Jan 26, 10:26am
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NZIER says QSBO shows economic recovery starting to take shape with effects of lower interest rates flowing into broader economy. BNZ's Toplis sees 'clear signs' inflationary pressures are rising
'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
‘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]
Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year
30th Oct 25, 1:28pm
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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
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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
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‘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
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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
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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
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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
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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
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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
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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'