GDP
We asked twenty economists how they would define a recession in New Zealand
New Zealand's economy grew 0.9% in the June quarter and avoided recession altogether
21st Sep 23, 10:52am
104
New Zealand's economy grew 0.9% in the June quarter and avoided recession altogether
BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
19th Sep 23, 11:46am
173
BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
[updated]
Synlait’s 'delivery in full and on time performance' of its manufacturing and supply agreement with a2 Milk has fallen 'below the level required', according to a2
18th Sep 23, 11:53am
6
Synlait’s 'delivery in full and on time performance' of its manufacturing and supply agreement with a2 Milk has fallen 'below the level required', according to a2
Roger J Kerr takes issue with the Reserve Bank's 'bizarre execution' of a foreign exchange transaction to get funds from NZ into US dollars
18th Sep 23, 9:06am
22
Roger J Kerr takes issue with the Reserve Bank's 'bizarre execution' of a foreign exchange transaction to get funds from NZ into US dollars
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
17th Sep 23, 8:11am
65
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
Roger J Kerr says the opportunity will be in front of the next Government to address New Zealand’s lacklustre economic growth performance record
11th Sep 23, 8:11am
10
Roger J Kerr says the opportunity will be in front of the next Government to address New Zealand’s lacklustre economic growth performance record
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
6th Sep 23, 11:18am
16
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
5th Sep 23, 9:52am
24
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
Roger J Kerr says the NZ dollar has only been able to appreciate upwards on three occasions in August over the last 14 years
4th Sep 23, 8:09am
2
Roger J Kerr says the NZ dollar has only been able to appreciate upwards on three occasions in August over the last 14 years
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
31st Aug 23, 1:18pm
11
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
29th Aug 23, 2:50pm
62
'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
29th Aug 23, 11:37am
66
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
Roger J Kerr says despite the abundance of negative economic fundamentals supposedly weighing the Kiwi dollar down, the over-powering offshore forces are likely to deliver the opposite outcome
28th Aug 23, 8:20am
8
Roger J Kerr says despite the abundance of negative economic fundamentals supposedly weighing the Kiwi dollar down, the over-powering offshore forces are likely to deliver the opposite outcome
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
24th Aug 23, 9:38am
55
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue
21st Aug 23, 2:48pm
20
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue
Roger J Kerr says, looking ahead, the increase in US bond yields will not continue and the perceived China risk factor will also abate
21st Aug 23, 8:49am
3
Roger J Kerr says, looking ahead, the increase in US bond yields will not continue and the perceived China risk factor will also abate
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
16th Aug 23, 2:18pm
99
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
Roger J Kerr says local NZ factors have not driven the NZD/USD exchange rate movements in recent years, however the remarkably close connection with business confidence should not be ignored
14th Aug 23, 8:32am
3
Roger J Kerr says local NZ factors have not driven the NZD/USD exchange rate movements in recent years, however the remarkably close connection with business confidence should not be ignored
[updated]
Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time
9th Aug 23, 3:22pm
17
Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time
Roger J Kerr says the evidence is gathering that the US labour market is finally softening and with that inflation risks decreasing
7th Aug 23, 8:54am
3
Roger J Kerr says the evidence is gathering that the US labour market is finally softening and with that inflation risks decreasing
ANZ economists say while the Reserve Bank is banking on the economy 'rolling over' rapidly 'we’re not convinced things are quite that weak'
31st Jul 23, 1:23pm
24
ANZ economists say while the Reserve Bank is banking on the economy 'rolling over' rapidly 'we’re not convinced things are quite that weak'
Roger J Kerr says the pattern of lower inflation/stronger employment data in the US that has caused the repeating up/down NZD/USD movements may finally be coming to an end
31st Jul 23, 8:15am
2
Roger J Kerr says the pattern of lower inflation/stronger employment data in the US that has caused the repeating up/down NZD/USD movements may finally be coming to an end
[updated]
Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
27th Jul 23, 11:16am
61
Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August
24th Jul 23, 2:24pm
27
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August