News

  • 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.

  • NZIER’s Shadow Board recommends no change to the OCR

    26 June 2018

    NZIER’s Monetary Policy Shadow Board sees little need to change the Official Cash Rate ahead of the Reserve Bank’s OCR Review on Thursday. Read the full release here.

  • Nominations for the NZIER Economics Award 2018 are now open

    26 June 2018

    The annual NZIER Economics Award promotes and recognises excellence in economics of relevance to New Zealand. 

    Read more here.

  • NZIER Consensus Forecasts shows a slightly softer growth outlook - June 2018

    18 June 2018

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

    Read the release here.