Labour market imbalance widens
Squeeze on real wage growth not (quite) done
Adds to retail headwinds
Or maybe consumers saw it coming?
More help from ...
8 Aug 2025
6 MIN
Indicators partially correct May’s stumble
But sense of the recovery failing to launch remains, pushing back timing of labour market recovery
Sluggish proper...
28 Jul 2025
5 MIN
A mid-year wobble
But businesses keeping the faith
No respite for retail, while dust settling on construction downtrend
A nuanced inflation outlook
RBN...
3 Jul 2025
We lay out an economic FAQ of sorts, and take a stab at some answers
Questions and concern about erratic US trade policy understandably commonplace
As well a...
5 Jun 2025
National housing market overall appears more balanced than oversupplied
Still, rising levels of unsold inventory are a feature of all regions, and particularly ...
22 May 2025
7 MIN
April’s tariff chaos gives way to nervous calm
Trade war impacts on NZ still unclear, but high chance we pull back our 2026 growth forecasts
We still see eno...
7 May 2025
We already harboured concerns about fragile consumer sentiment
Trade war fallout risks making it worse
Our consumer spending forecasts are thus on notice
...
8 Apr 2025
7 MIN
Economy continues to slowly right itself
But with a growing risk the investment cycle lags
Labour market showing signs of stabilising
Housing market force...
11 Mar 2025
Population growth undershooting that of dwelling stock
Partly explains rising rental, real...
27 Feb 2025
6 MIN
The ship appears to be turning, slowly
Dairy cash, retail stirrings will help
But conflict between future expectations and current reality remains
Another...
5 Feb 2025