07 November 2017
NZIER’s Monetary Policy Shadow Board continues to recommend the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent. Uncertainty over policies to be implemented by the new Government, and the effects of these on businesses and the housing market, were highlighted by the Shadow Board as reasons why a wait-and-see approach was prudent. Read the full release here.
01 November 2017
With the new Government indicating the Reserve Bank Act would be reviewed, NZIER has published an Insight discussing the alternatives to inflation-targeting in the post-GFC environment.
Read the Insight here.
27 October 2017
Derek Gill, Principal Economist at NZIER, recently had the privilege of joining the Asia New Zealand Foundation’s Delegation that visited China in August 2017. The focus was think tank to think tank dialogue – so-called Track II diplomacy – rather than Government to Government discussions. This NZIER Insight sets out Derek’s five big takeaways for New Zealand from his visit to China.
The Insight can be read here.
11 October 2017
We examine the phenomenon of globalisation as it affects New Zealand. We look at its impact on New Zealand and ask whether it is a force which has had its day (peak globalisation) or is it continuing to morph and evolve.
The discussion paper can be read here.
NZIER's QSBO shows pre-election business confidence jitters, Quarterly Survey of Business Opinion - October 2017
03 October 2017
The latest NZIER Quarterly Survey of Business Opinion shows business confidence fell in the September quarter, with only a net 7 percent of businesses expecting an improvement in general economic conditions.
A decline in business confidence is not unusual heading into a General Election, as businesses and households hold off committing to major spending plans given the uncertainty over the formation of the new Government.
The full results from the QSBO survey are available to NZIER members.
The media release can be read here.
11 September 2017
The latest NZIER Consensus Forecasts shows expectations for slightly softer growth over the coming year, but upward revisions in the subsequent years. Despite some softness in activity earlier this year, the growth outlook remains positive.
Read the full release here.
30 August 2017
The NZIER Economics Award for 2017 was presented to Paula Rebstock at NZIER’s AGM & dinner.
The full citation can be read here.
Read about the NZIER Economics Award here.
NZIER says growth outlook still positive despite recent softness - Quarterly Predictions, September 2017
30 August 2017
Strong net migration, high tourist inflows and further improvement in rural sector incomes continue to point to a solid outlook for the New Zealand economy, as detailed in the latest NZIER Quarterly Predictions. “Although GDP growth and inflation were soft at the start of the year, recent indicators point to a pick-up in activity from the second half of 2017”, 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.
Read the media release here.