Economy
[updated]
The Reserve Bank says while there are early signs of demand easing it continues to outpace supply, as reflected in strong domestic inflation; sees recent storm damage adding 0.3 percentage points to inflation in the March and June 2023 quarters
22nd Feb 23, 2:11pm
138
The Reserve Bank says while there are early signs of demand easing it continues to outpace supply, as reflected in strong domestic inflation; sees recent storm damage adding 0.3 percentage points to inflation in the March and June 2023 quarters
Roger J Kerr sees the Kiwi dollar rising against the American currency again over coming weeks and months; says NZ needs a net inflow of 60,000 migrants per year
20th Feb 23, 8:01am
11
Roger J Kerr sees the Kiwi dollar rising against the American currency again over coming weeks and months; says NZ needs a net inflow of 60,000 migrants per year
Keynes warned us that practical men and women are but slaves of defunct economists. Economist Brian Easton says the comment is particularly relevant as we try to understand the prospects for inflation
13th Feb 23, 9:23am
8
Keynes warned us that practical men and women are but slaves of defunct economists. Economist Brian Easton says the comment is particularly relevant as we try to understand the prospects for inflation
Roger J Kerr has a look at the alternative strategies and tactics the RBNZ could adopt
13th Feb 23, 8:31am
6
Roger J Kerr has a look at the alternative strategies and tactics the RBNZ could adopt
David Mahon on the dramatic end to China's Covid-zero policy and how this is playing out across a country, and in an economy, of 1.4 billion people
11th Feb 23, 7:31am
11
David Mahon on the dramatic end to China's Covid-zero policy and how this is playing out across a country, and in an economy, of 1.4 billion people
Brian Easton notes the (new) Prime Minister said nobody understands what co-governance means, later modified to that there were so many varying interpretations that there was no common understanding
6th Feb 23, 9:17am
48
Brian Easton notes the (new) Prime Minister said nobody understands what co-governance means, later modified to that there were so many varying interpretations that there was no common understanding
Roger J Kerr says monetary tightening to bring down inflation always seems to require a higher exchange rate
6th Feb 23, 9:00am
20
Roger J Kerr says monetary tightening to bring down inflation always seems to require a higher exchange rate
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
2nd Feb 23, 12:20pm
60
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs
2nd Feb 23, 11:13am
45
Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs
Brian Easton speculates about what was in the Briefing Papers from officials and party officials for the senior Cabinet ministers, to prepare for the 2023 political year
30th Jan 23, 9:30am
13
Brian Easton speculates about what was in the Briefing Papers from officials and party officials for the senior Cabinet ministers, to prepare for the 2023 political year
Roger J Kerr suggests four actions that could address our current inflation problem. He also is sanguine about how the US debt ceiling problem resolution. And he is highly critical of how the RBA is foreseeing its developing issues
30th Jan 23, 8:30am
8
Roger J Kerr suggests four actions that could address our current inflation problem. He also is sanguine about how the US debt ceiling problem resolution. And he is highly critical of how the RBA is foreseeing its developing issues
Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
25th Jan 23, 4:12pm
55
Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
25th Jan 23, 11:00am
162
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows
24th Jan 23, 2:03pm
17
Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
24th Jan 23, 11:05am
51
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
23rd Jan 23, 11:00am
62
Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
Economist Brian Easton says people complain about their jobs being meaningless, and asks: Does it matter?
23rd Jan 23, 9:08am
19
Economist Brian Easton says people complain about their jobs being meaningless, and asks: Does it matter?
Roger J Kerr says the sentiment towards, and direction of, the US dollar currency value remains firmly negative
23rd Jan 23, 8:39am
1
Roger J Kerr says the sentiment towards, and direction of, the US dollar currency value remains firmly negative
Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
22nd Jan 23, 6:00am
119
Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
20th Jan 23, 5:00am
148
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
[updated]
Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending
18th Jan 23, 11:00am
57
Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending
[updated]
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
17th Jan 23, 10:23am
188
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
16th Jan 23, 11:43am
60
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
Economist Brian Easton says the two most comprehensive forecasts of the New Zealand economy are by the Reserve Bank and the Treasury. They are especially important because they inform monetary and fiscal policy. What do they say?
16th Jan 23, 8:30am
13
Economist Brian Easton says the two most comprehensive forecasts of the New Zealand economy are by the Reserve Bank and the Treasury. They are especially important because they inform monetary and fiscal policy. What do they say?
Roger J Kerr says 'choppy and sideways' looks like the order of the day for the markets this year
16th Jan 23, 8:08am
2
Roger J Kerr says 'choppy and sideways' looks like the order of the day for the markets this year