News

  • NZIER sees mixed growth outlook - Quarterly Predictions, December 2018

    28 November 2018

    Slowing population growth is driving a moderation in economic growth, but several positive factors continue to support demand, as detailed in the latest NZIER Quarterly Predictions. “We have reduced our growth outlook, and now expect annual GDP growth to average around 2.8 percent over the next five years.”

    “While that represents a respectable outcome for the New Zealand economy, there are downside risks to the outlook”, said Principal Economist Christina Leung.

    An independent take on the New Zealand economic outlook is available exclusively to NZIER’s members in the latest Quarterly Predictions.

    Red the media release here.

  • Managing our fresh water: what are the options?

    15 November 2018

    Presentation at NZIER’s 60th anniversary event,14 November 2018.

    NZIER has had a long-standing interest in the water quality debate (see for example our public good piece in 2014, “Water management in New Zealand: A road map for understanding water value” – NZIER Public Discussion Paper 2014/01). One of the issues we wanted to further understand was the preferences of New Zealanders in 2018.

    Read more here.

  • NZIER’s Shadow Board continues to recommend no change in the OCR

    06 November 2018

    NZIER’s Monetary Policy Shadow Board’s view remains firmly centred on no change to the Official Cash Rate (OCR) ahead of the Reserve Bank’s Monetary Policy Statement on Thursday.

    Read therelease here.

  • NZIER’s QSBO shows further drop in business confidence and demand - Quarterly Survey of Business Opinion, October 2018

    02 October 2018

    The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a further deterioration in business confidence. A net 28 percent of businesses expect economic conditions to worsen – the lowest level since March 2009.

    Firms’ own domestic trading activity is a better indicator of GDP growth than business confidence. Firms’ own activity for the September quarter and expectations for the next quarter both fell, indicating a slowing in economic growth over the second half of 2018.

    A net 0.4 percent of firms reported higher demand over the September quarter – the lowest level since September 2012.

    Read the media release here.

  • NZIER’s Shadow Board continues to recommend no change in the OCR

    25 September 2018

    NZIER’s Monetary Policy Shadow Board’s view remains firmly centred on no change to the Official Cash Rate (OCR) ahead of the Reserve Bank’s OCR Review on Thursday.

    Read the full release here.

  • NZIER Consensus Forecasts shows a softer growth outlook

    10 September 2018

    The latest NZIER Consensus Forecasts expects a slight downward revision to the growth outlook for the next two years.

    Expectations of weaker household and Government spending over the next two years drive much of the moderation. Household spending has been very strong in recent years, but there are signs this is starting to slow as consumer confidence eases.

    Read the release here.

  • Gender pay-gap expert Professor Gail Pacheco receives NZIER Economics Award for 2018

    29 August 2018

    The NZIER Economics Award for 2018 was presented to Professor Gail Pacheco of the Auckland University of Technology at NZIER’s AGM & dinner on 28 August 2018.

    Gail has made a huge contribution to economics in New Zealand over many years and her work stands out for its diversity, quantity and quality. Her work covered inter-generational welfare effects, gender education as both a driver and an outcome, industry structures, culture, job satisfaction and well-being measures, health as it relates to employment, health system service delivery, and ethnic disparities.

    Read more here.

  • NZIER expects solid outlook, but with increasing downside risks - Quarterly Predictions, September 2018

    29 August 2018

    The New Zealand economic outlook remains reasonably solid but there are increasing downside risks, as detailed in the latest NZIER Quarterly Predictions. “Although growth is expected to moderate on the back of a continued slowing in population growth, we forecast annual GDP growth to average just under 3 percent over the next five years – still a respectable outcome.”

    Read the media release here.

  • NZIER’s Shadow Board believes current conditions warrant no change in OCR

    07 August 2018

    NZIER’s Monetary Policy Shadow Board continues to see little need to change the Official Cash Rate (OCR) ahead of the Reserve Bank’s Monetary Policy Statement on Thursday.

    Read the full release here.

  • NZIER's QSBO shows further weakening in business confidence

    03 July 2018

    The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a further decline in business confidence. A net 19 percent of businesses expect a deterioration in economic conditions – more pessimistic than the 10 percent in the previous quarter. Read the media release here.