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.
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.
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.
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.
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.
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.
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.
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.