[Updated]
17th Sep 20, 10:58am
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
[Updated]
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
[Updated]
14th Sep 20, 1:37pm
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
[Updated]
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
8th Jun 20, 3:04pm
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
3rd May 20, 9:19am
Stephen Toplis says that despite winning the virus battle, it is no time for complacency. The economic costs will be massive and we will be left with enduring problems
Stephen Toplis says that despite winning the virus battle, it is no time for complacency. The economic costs will be massive and we will be left with enduring problems
30th Mar 20, 3:51pm
BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
25th Mar 20, 3:01pm
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
16th Mar 20, 4:54pm
Our economists are talking recession with a capital R: 'It won't be a shallow one'
Our economists are talking recession with a capital R: 'It won't be a shallow one'
[Updated]
9th Mar 20, 3:09pm
BNZ economists expect the economy to contract in the first two quarters of the year; ANZ economists call for a minimum wage freeze and for the Government to increase its debt limit by $60 billion
[Updated]
BNZ economists expect the economy to contract in the first two quarters of the year; ANZ economists call for a minimum wage freeze and for the Government to increase its debt limit by $60 billion
[Updated]
4th Mar 20, 11:55am
RBNZ 'prepared to ensure well-functioning financial system including access to credit, cash & liquidity in the banking system.' BNZ's Toplis says Fed cut 'unjustified', RBNZ could be 'voice of reason in panic-driven world'
[Updated]
RBNZ 'prepared to ensure well-functioning financial system including access to credit, cash & liquidity in the banking system.' BNZ's Toplis says Fed cut 'unjustified', RBNZ could be 'voice of reason in panic-driven world'
17th Feb 20, 1:11pm
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
[Updated]
12th Feb 20, 2:09pm
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
[Updated]
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
6th Feb 20, 9:08am
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
12th Dec 19, 7:29am
Why Treasury only expects to issue an additional $8 billion of bonds to cover $15 billion of new capital expenditure, and how further issuance is expected when higher operational expenditure is 'inevitably' announced
Why Treasury only expects to issue an additional $8 billion of bonds to cover $15 billion of new capital expenditure, and how further issuance is expected when higher operational expenditure is 'inevitably' announced
23rd Sep 19, 11:30am
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
[Updated]
7th Aug 19, 2:08pm
'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
[Updated]
'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
6th Aug 19, 8:57am
NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down
NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down
24th Jun 19, 11:43am
Former RBNZ chairman Arthur Grimes suggests the central bank might want to consider reversing the interest rate cut it made a month ago
Former RBNZ chairman Arthur Grimes suggests the central bank might want to consider reversing the interest rate cut it made a month ago
[Updated]
30th May 19, 2:58pm
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
[Updated]
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
29th May 19, 4:32pm
BNZ economists see the likelihood of another interest rate cut increased by the results of the latest ANZ Business Outlook Survey
BNZ economists see the likelihood of another interest rate cut increased by the results of the latest ANZ Business Outlook Survey
[Updated]
8th May 19, 2:04pm
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
[Updated]
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
