Australia & New Zealand Economics Update New Zealand - Dollar parity wouldn't be a big problem for New Zealand While a strengthening of the New Zealand dollar to parity against its Australian counterpart would be an important milestone, it would have little adverse economic impact. Indeed, the recent weakening... 9th April 2015 · 1 min read
Australia & New Zealand Chart Pack Investment outlook weakens While some of the latest data have suggested that economic activity in Australia has accelerated since the turn of the year, the bigger picture is that the economy is still struggling to cope with the... 25th March 2015 · 1 min read
Australia & New Zealand Economics Weekly 2014 will be as good as it gets for New Zealand The outlook for New Zealand remains stronger than the prognosis for Australia. Nonetheless, the 3.0% rise in GDP in New Zealand last year will mark the peak of the current cycle. We expect that the... 23rd March 2015 · 1 min read
Australia & New Zealand Data Response New Zealand GDP (Q4) New Zealand ended last year on a strong note, but the details of the GDP release for the fourth quarter support our view that this year will be a very different story. We expect growth to slow from 3... 19th March 2015 · 1 min read
Australia & New Zealand Economics Update What does the US Fed mean for Australia and New Zealand Any rise in government bond yields in Australia and New Zealand triggered by the US Fed taking a step closer to raising rates is likely to be temporary, while any weakening in the exchange rates of... 17th March 2015 · 1 min read
DM Valuations Monitor Will the New Zealand dollar remain overvalued? The New Zealand dollar’s real effective exchange rate (REER) is currently almost 18% above its average of the past ten years. On this metric it has been one of the most overvalued developed market... 17th March 2015 · 1 min read
Australia & New Zealand Economics Weekly New Zealand is vulnerable to Australian slowdown The hit to New Zealand’s exports from the economic slowdown in Australia is going to be felt at almost the exact same time as the boost to activity from the domestic construction boom starts to fade... 13th March 2015 · 1 min read
Australia & New Zealand Economics Update New Zealand - RBNZ to shift from neutral to reverse later this year The Reserve Bank of Australia can’t have its cake and eat it. The only way to ensure that the Australian dollar weakens, which would support the real economy, is to reduce interest rates further, but... 12th March 2015 · 1 min read
RBNZ Watch New Zealand - Bucking the global trend…for now The Reserve Bank of New Zealand (RBNZ) is odds on to buck the recent global trend by leaving its cash rate on hold at 3.5% in the announcement scheduled for Thursday 12th March. But if we are right in... 9th March 2015 · 1 min read
Australia & New Zealand Economics Weekly Was that it? The end of the so-called income recession late last year appears to suggest that the direct hit to the Australian economy from the fall in the prices of key commodity exports has already come and gone... 6th March 2015 · 1 min read
Australia & New Zealand Economic Outlook Struggling to cope with commodity collapse The plunge in the prices of the key commodity exports of both Australia and New Zealand late last year will soon filter through into weaker domestic activity, resulting in GDP growth this year slowing... 2nd March 2015 · 1 min read
Australia & New Zealand Economics Update 10 key calls on Australia and New Zealand Our full analysis of the prospects for the Australian and New Zealand economies is contained in ourAustralia & New Zealand Economic Outlook (sent to clients today), but in this note we highlight ten... 2nd March 2015 · 1 min read
Asia Economics Update New Zealand's central bank takes a more neutral stance The Reserve Bank of New Zealand (RBNZ) kept its policy rate at 3.5% today and suggested there is now far less certainty its next move will be a hike. We are not expecting any changes in 2015 or 2016. 29th January 2015 · 1 min read
Asia Economics Update New Zealand rate hikes looking more and more distant The recent drop in oil prices is not the only reason to think that consumer price inflation will remain low in New Zealand over the next couple of years. Domestic price pressures are also fading. We... 21st January 2015 · 1 min read
Asia Economic Outlook Lower oil prices to support growth The recent sharp drop in global oil prices is a positive development for Emerging Asia. It will support growth in most economies and will put downward pressure on inflation, providing scope for... 14th January 2015 · 1 min read
Asia Data Response New Zealand GDP (Q3) New Zealand's economy accelerated in Q3, despite monetary tightening earlier in the year. However, we are still expecting a slowdown in 2015 and see little chance of the Reserve Bank of New Zealand... 18th December 2014 · 1 min read
