News

  • Better growth, rising risks - Quarterly Predictions, June 2014

    30 May 2014

    The New Zealand economy has been recovering from the recession. But slumping house sales are a significant risk to our optimistic outlook for the economy.
    House sales, which lead economic growth by around six months, have slumped by nearly 20% in the last six months.

    The full media release can be read here.

    Detailed commentary and forecasts for the next five years are available exclusively to NZIER members.

  • Shadow Board supports another interest rate hike

    22 April 2014

    NZIER’s Shadow Board recommends the Reserve Bank lifts the Official Cash Rate by 25 basis points to three percent on Thursday.

    “Support for an interest rate hike to three percent, hot on the heels of a rate hike in March, is very high” said Dr. Kirdan Lees, Senior Economist at NZIER

    You can read the full release here.

  • Recovery surges ahead - Quarterly Survey of Business Opinion, April 2014

    08 April 2014

    Recovery surges ahead as firms remain the most confident in 20 years

    Economic activity strengthened in early 2014, according to the NZIER’s March 2014 quarter Quarterly Survey of Business Opinion (QSBO). Trading activity, which closely mirrors GDP growth, accelerated to the fastest pace since December 2003 – when annual GDP growth was near 4.5%.

    “While we do not expect economic growth to hit such heady rates in the current business cycle, as credit conditions are very different now, our latest survey paints a clear picture: the recovery is strengthening”, said Shamubeel Eaqub, Principal Economist at NZIER.

    The full media release can be read here.

    Full results and insights are available to NZIER members only.

  • Water management in New Zealand : A road map for understanding water value - NZIER Public Discussion Paper 2014/01

    18 March 2014

    A lack of understanding about the value communities place on water is hampering decision-making, according to a new report from NZIER. The NZIER report - Water Management in New Zealand: A road map for understanding water – says solutions to contentious water issues will also require flexibility in how water is allocated, along with a better understanding of the value that people place on using water for economic, environmental and social purposes. The full discussion paper is available here.

  • Continued growth across the economy - Consensus Forecasts, March 2014

    17 March 2014

    The New Zealand economy will grow strongly over the next couple of years, according to the latest NZIER Consensus Forecasts. Economic growth will pick up from 2.9% in the March 2014 year to 3.6% the following year. You can read the full release here.

  • Shadow Board says raise interest rates – now

    12 March 2014

    NZIER’s Shadow Board says the Reserve Bank should hike the Official Cash Rate by 25 basis points on Thursday. The full release can be read here.

  • Higher growth and interest rates - Quarterly Predictions, March 2014

    26 February 2014

    The New Zealand economy is recovering from a long and deep recession that started in 2007. After nearly seven years of economic stagnation, the recovery is now fully under way. The economy will grow by 3% in 2014. The full media release can be read here.

    Detailed commentary and forecasts for the next five years are available exclusively to NZIER members.

  • Time to revise the TWI to reflect modern New Zealand’s export profile - NZIER Insight 45

    24 February 2014

    People are worried about the damage the strengthening exchange rate might be doing to the export sector, but the headline exchange rate measures don't capture burgeoning emerging market trade.

    You can read the full release here.

  • Bring more migrants to increase incomes - NZIER Insight 44

    10 February 2014

    A new Insight from the New Zealand Institute of Economic Research (NZIER) shows that increasing net migration would lift incomes not just for immigrants but for the native population. An additional 40,000 people a year for 10 years increases GDP per capita by a chunky $410 a year.

    “A more ambitious population policy is needed to increase New Zealand’s population.” said Dr Kirdan Lees, Senior Economist at NZIER.

    You can read the full release here.

  • Shadow Board recommends raising interest rates

    29 January 2014

    NZIER’s Shadow Board says the Reserve Bank should raise the Official Cash Rate on Thursday.
    “It’s a knife edge call but increasing interest rates by 25 basis points has the most support” said Dr. Kirdan Lees, Senior Economist at NZIER.

    The full release can be read here.