News

  • NZIER’s Shadow Board continues to see little urgency for rate rise

    08 August 2017

    NZIER’s Monetary Policy Shadow Board again recommends that the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent. While the Shadow Board saw both upside and downside risks to the interest rate outlook, the general view was that a bias towards tightening was appropriate.

    Read the full release here.

  • NZIER's QSBO shows business confidence steady, Quarterly Survey of Business Opinion - July 2017

    04 July 2017

    The latest NZIER Quarterly Survey of Business Opinion shows business confidence remained steady in the June quarter. A net 18 percent of businesses expect better economic conditions over the coming months.

    The media release can be read here.

  • Peak inequality – New Zealand’s own false truth? NZIER Insight 70

    23 June 2017

    Kiwis are increasingly concerned about inequality – paradoxically, inequality has barely changed in 20 years.This Insight is based on new data and shows that despite popular opinion, income inequality in New Zealand hasn’t changed in the past 20 years, and it’s been at the current level before. Read the Insight here.

  • NZIER’s Shadow Board sees little urgency for rate increase

    20 June 2017

    NZIER’s Monetary Policy Shadow Board’s recommendation to the Reserve Bank is broadly unchanged from the previous meeting in May. The Shadow Board again recommends the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent, with a tightening bias. The release can be read here.

  • New Zealand economy remains solid, against uncertain global backdrop - Quarterly Predictions, March 2017

    31 May 2017

    A combination of strong net migration, tourist inflows and improving rural sector incomes points to a continued solid outlook for the New Zealand economy, as detailed in the latest NZIER Quarterly Predictions.

    Quarterly Predictions is an independent take on the New Zealand economic outlook and is available exclusively to NZIER’s members.

    The media release can be read here.

  • Budget 2017 analysis of real per person spending shows real winners and losers

    26 May 2017

    Researchers at Victoria University of Wellington and the New Zealand Institute of Economic Research (NZIER) have found that while overall real per capita government spending is stable, a breakdown of new and projected Crown expenditure shows a significant transformation in the make-up of government spending.

    Read the full release here on Victoria University of Wellington's website.

  • Budget 2017 a missed opportunity, says NZIER

    25 May 2017

    We see Budget 2017 as a continuation of fiscal prudence, which is sensible”, NZIER’s Senior Economist Christina Leung says. “But we would have liked to have seen more ambition, given the strength of the government’s books”.

    Read the full media release here.

  • Is it finally time to reduce the number of district health boards? NZIER Insight 69

    11 May 2017

    New Zealand has 20 district health boards (DHBs) for a population of less than 5 million. Because of a lack of transparency, we do not know the costs of administering DHBs. But prima facie evidence suggests it is time to consolidate DHBs and free up administrative resources to use for additional services. In health care, size matters. Returns to scale and quality gains come with size. Optimising governance arrangements and the scale of services means more choice and improved health outcomes as pressures from ageing and public expectations intensify.

    The full Insight can be read here.

  • NZIER’s QSBO shows a drop in business confidence - Quarterly Survey of Business Opinion, April 2017

    04 April 2017

    The latest NZIER Quarterly Survey of Business Opinion shows a modest drop in business confidence in the first quarter of 2017. A net 16 percent of businesses expect better economic conditions over the coming months, a fall from a net 26 percent of businesses in the previous quarter.

    The medial release can be read here.

  • NZIER’s Shadow Board considers an OCR of 1.75% as still appropriate

    21 March 2017

    NZIER’s Monetary Policy Shadow Board recommends the Reserve Bank leaves the Official Cash Rate on hold this Thursday at 1.75 percent. The Shadow Board continues to see a tightening bias as appropriate. 

    Read the full release here.