Shadow Board members recommend another 50 basis points increase in October and further tightening necessary
October 3, 2022
New Zealand Institute of Economic Research (Inc) Media release Read more
NZIER Consensus Forecasts show a weaker economic outlook as high inflation and interest rates continue - September 2022
September 12, 2022
The latest NZIER Consensus Forecasts show a downward revision to the near-term outlook for the New Zealand economy and the subsequent years to 2025. These revisions reflect expectations of weaker activities across most sectors in 2023 and higher inflation and interest rates. Added to … Read more
Shadow Board recommends the Reserve Bank hikes the OCR by 50 basis points in August and follow up with further tightening
August 15, 2022
New Zealand Institute of Economic Research (Inc) Media release For release 10 am Monday, 15 August 2022 There was a range of views amongst the Shadow Board members on what the Reserve Bank of New Zealand should do with the Official Cash Rate (OCR) over the coming year. However, the ma … Read more
Shadow Board members recommend the Reserve Bank gets on with OCR increases
July 11, 2022
The widely held view amongst the Shadow Board is that the Reserve Bank of New Zealand should increase the Official Cash Rate (OCR) by 50bp at the upcoming meeting in July. Only one member from the business community was divided on whether such a large hike was necessary at the next me … Read more
KiwiSaver equity for women: Building long-term financial wellbeing
June 22, 2022
This report coincided with the 15-year review of KiwiSaver by the Ministry of Business Innovation and Employment. The intent of the report was to assist policy makers by deliberately exploring and providing opportunities to get more equitable settings in place. Read more
Long COVID? Previous pandemics changed us – what about this time? NZIER Insight 101
June 20, 2022
This Insight is prompted by the recent publication of a cluster of papers that look at economic lessons from previous health episodes. While these are interesting in their own right and are possibly relevant for countries with a different experience of COVID-19, it turns out that many … Read more
NZIER Consensus Forecasts show a lower growth outlook beyond the higher starting point, June 2022
June 13, 2022
The latest NZIER Consensus Forecasts show a downward revision to the growth outlook over the coming years, despite the stronger starting point. The revisions reflect expectations of weaker activity across most sectors from 2023. Although the recovery in demand was stronger than initia … Read more
Shadow Board members differ in views on the extent of interest rate increases
May 23, 2022
New Zealand Institute of Economic Research (Inc) Media release For release 10 am Monday, 23 May 2022 There is a wide range of views within the Shadow Board over how much the Reserve Bank should increase interest rates, particularly for the coming year. The majority view amongst Shadow … Read more