monetary policy
ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
29th May 23, 1:55pm
18
ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
The Reserve Bank says the OCR has gone high enough and recession may be avoided
24th May 23, 6:33pm
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The Reserve Bank says the OCR has gone high enough and recession may be avoided
Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
24th May 23, 4:45pm
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Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
[updated]
Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
24th May 23, 2:11pm
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Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
Mortgage broker boss urges Reserve Bank to hold fire on another Official Cash Rate hike
23rd May 23, 2:55pm
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Mortgage broker boss urges Reserve Bank to hold fire on another Official Cash Rate hike
A survey for the Reserve Bank shows that households think inflation is going to actually rise in the short term and still be 4.5% in two years' time
22nd May 23, 3:41pm
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A survey for the Reserve Bank shows that households think inflation is going to actually rise in the short term and still be 4.5% in two years' time
The Reserve Bank is almost being 'out-hawked' by economists as they bid up the odds of higher interest rates ahead of this week's latest Official Cash Rate decision
22nd May 23, 2:23pm
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The Reserve Bank is almost being 'out-hawked' by economists as they bid up the odds of higher interest rates ahead of this week's latest Official Cash Rate decision
David Hargreaves examines the coming week's Reserve Bank OCR review and says much attention will be on whatever the RBNZ indicates it might do next - rather than what it actually does on the day. Will there be surprises? Oh, probably
21st May 23, 6:00am
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David Hargreaves examines the coming week's Reserve Bank OCR review and says much attention will be on whatever the RBNZ indicates it might do next - rather than what it actually does on the day. Will there be surprises? Oh, probably
Significant amounts of new spending in Budget 2023 could provoke the RBNZ to push the OCR higher
18th May 23, 7:24pm
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Significant amounts of new spending in Budget 2023 could provoke the RBNZ to push the OCR higher
BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'
17th May 23, 12:05pm
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BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
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Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
[updated]
Food prices up 12.5% in the year to April 2023 - the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'
11th May 23, 10:58am
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Food prices up 12.5% in the year to April 2023 - the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'
Monetary policymakers are hoping for a no-thrills budget that helps them dampen inflation
7th May 23, 6:00am
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Monetary policymakers are hoping for a no-thrills budget that helps them dampen inflation
Squirrel Mortgages CEO David Cunningham suggests OCR won't go any higher
BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
3rd May 23, 2:32pm
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BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
3rd May 23, 11:04am
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Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
Reserve Bank of Australia hikes its cash rate after last month's pause, saying inflation is still too high
2nd May 23, 4:41pm
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Reserve Bank of Australia hikes its cash rate after last month's pause, saying inflation is still too high
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
1st May 23, 2:31pm
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Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
New Reserve Bank mortgage figures show homeowners paid close to $4 billion in interest during the March quarter, while total scheduled repayments topped $6 billion for the first time since the RBNZ started publishing this data
1st May 23, 11:12am
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New Reserve Bank mortgage figures show homeowners paid close to $4 billion in interest during the March quarter, while total scheduled repayments topped $6 billion for the first time since the RBNZ started publishing this data
What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
28th Apr 23, 1:29pm
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What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
BNZ chief economist Mike Jones thinks the RBNZ has made progress bringing the runaway economy back under control
28th Apr 23, 12:36pm
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BNZ chief economist Mike Jones thinks the RBNZ has made progress bringing the runaway economy back under control
Joseph Stiglitz says the current crisis has exposed the US Fed’s failure to address the governance issues that contributed to the 2008 crisis
28th Apr 23, 9:07am
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Joseph Stiglitz says the current crisis has exposed the US Fed’s failure to address the governance issues that contributed to the 2008 crisis
UBS Chief Economist suggests social media could help combat profit margin-led inflation
27th Apr 23, 5:00am
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UBS Chief Economist suggests social media could help combat profit margin-led inflation
Reserve Bank of Australia revolution: How Jim Chalmers will recraft the RBA for the 21st century
20th Apr 23, 2:33pm
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Reserve Bank of Australia revolution: How Jim Chalmers will recraft the RBA for the 21st century
[updated]
Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says
17th Apr 23, 11:05am
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Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says