News

  • NZIER sees slightly lower growth outlook - Quarterly Predictions, March 2019

    27 February 2019

    The ongoing trade war between the US and China, slowing growth in the Chinese economy and uncertainty over how Brexit will play out is expected to weigh on export demand, as detailed in the latest NZIER Quarterly Predictions. “We now expect annual GDP growth to average around 2.7 percent over the next five years. While we have made a slight downward revision to the growth outlook, it still represents the longest stretch of growth experienced by the New Zealand economy since 1992”, said Principal Economist Christina Leung.

    Read the full media release here.

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

  • NZIER’s Shadow Board more certain that OCR should remain unchanged

    11 February 2019

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

    Read the full release here.

  • Clear as mud: Water is under pressure, NZIER Insight 78

    31 January 2019

    As part of NZIER’s 60th birthday celebrations, the NZIER undertook with its own resources research to further understand New Zealanders concerns about water quality and found that river visibility (water clarity) was most valued by Kiwis.

    Read the Insight here.

  • NZIER's QSBO shows an improvement in sentiment and demand - Quarterly Survey of Business Opinion, January 2019

    15 January 2019

    The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows businesses remained downbeat about the economy in the final quarter of 2018, but less so. The results can be summarised as “less gloomy” rather than “more happy”, with a net 18 percent of businesses expecting general economic conditions to worsen over the coming months. This is a decline from the net 28 percent of businesses who had expected a worsening in the previous quarter.

    The media release can be read here.

  • 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.