6th Jun 21, 6:01am
BNZ's Stephen Toplis says house price inflation must fall and house prices could too. Supply growth exceeds demand growth and property returns are under pressure. He says the construction boom will moderate
BNZ's Stephen Toplis says house price inflation must fall and house prices could too. Supply growth exceeds demand growth and property returns are under pressure. He says the construction boom will moderate
1st Jun 21, 1:26pm
Kiwibank economists, who are forecasting a first Official Cash Rate rise in May next year, now see a 'risk' of three rate hikes in 2022
Kiwibank economists, who are forecasting a first Official Cash Rate rise in May next year, now see a 'risk' of three rate hikes in 2022
26th May 21, 8:10pm
RBNZ makes hawkish tilt, warning mortgage holders to be wary of debt serviceability while keeping monetary conditions loose
RBNZ makes hawkish tilt, warning mortgage holders to be wary of debt serviceability while keeping monetary conditions loose
25th May 21, 7:00am
Businesses urge the RBNZ not to remove the punch bowl that is low interest rates; Economists recognise the party will have to start winding down mid-next year
Businesses urge the RBNZ not to remove the punch bowl that is low interest rates; Economists recognise the party will have to start winding down mid-next year
18th May 21, 10:22am
BNZ economists say any relief for the current input price pressures 'will not be coming soon'
BNZ economists say any relief for the current input price pressures 'will not be coming soon'
17th May 21, 2:00pm
Economists say this week's Budget is going to make 'good reading' when compared with the gloomy updates over the past year
Economists say this week's Budget is going to make 'good reading' when compared with the gloomy updates over the past year
25th Mar 21, 11:14am
BNZ economists say the Government is 'dead set' on curtailing soaring house prices and will do what it takes - 'it will almost certainly win in the end'
BNZ economists say the Government is 'dead set' on curtailing soaring house prices and will do what it takes - 'it will almost certainly win in the end'
20th Feb 21, 12:27pm
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
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
3rd Feb 21, 3:24pm
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
17th Oct 20, 9:53am
BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots
BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots
[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
