Results: New Zealand Economy

Businessman pointing with pen, at a graph on desk
09 October 2019

Economic Outlook

We're now seeing the lowest housing interest rates of all time, the unemployment rate has remained low, and inflation has been und...

Coins, calculator and ruler sitting on piece of paper with figures on it
25 September 2019

Official Cash Rate remains unchanged

The latest announcement made by the RBNZ is that the OCR will remain unchanged for the time being.

Bankers in meeting room, discussing OCR
24 September 2019

Thoughts on tomorrow's OCR update

Experts are not expecting another OCR cut until the November announcement, alongside a full Monetary Policy Statement release.

17 September 2019

Gross Domestic Product (GDP) expected to show slow growth

The figures are due to be released later this week, and most of the banks and economists have predicted for the Gross Domestic Product (GDP) to show slow growth.

13 September 2019

Banks stocking up for spring

With a record-low OCR, it looks like banks are taking advantage of low wholesale funds. According to KPMG's latest survey, Westpac launched a medium-term note issue seeking $100 million.

03 September 2019

Economic Outlook

The big five banks released their economic outlooks earlier this week, and all are in agreement that growth is on the slow side.