New Zealand’s red meat sector has launched a package of proposed policy changes, ahead of the general election, aimed at growing export revenues and increasing jobs. Beef + Lamb New […]
Trade
Economic Week - December 23
This is my final economic commentary for 2022, a year which has been challenging – to put it mildly. We have grappled with the ongoing effects of Covid-19 at home […]
Economic Week - December 16
by Nick Clark, National Manager General Policy It’s been a big week for economic data and news. Christmas come early for economists! But not all of it of the best […]
Rabobank holds milk price forecast at NZD 9.00/kgMS
Weaker global dairy markets remain a key theme as 2022 comes to a close, according to a new dairy report from agribusiness banking specialist Rabobank. In its latest Global Dairy […]
Economic Week - December 9
by Nick Clark, National Manager General Policy Livestock numbers fall Statistics NZ’s provisional Agricultural Production Statistics for the year to June 2022 show reduced livestock numbers and mostly lower production […]
Economic Week - December 2
Export forecasts revised up The Ministry for Primary Industries’ Situation and Outlook for Primary Industries’ December 2022 Update has increased its forecasts for primary sector exports for the 2022/23 year. […]
Economic Week - November 11
by Nick Clark, National Manager, General Policy Reserve Bank’s Monetary Policy Review The Reserve Bank’s review of its monetary policy decisions for the period 2017-22 has been published, identifying a […]
Economic Week - 4 November
Commodity prices dip again The ANZ World Commodity Price Index dipped again in October, extending its run of monthly losses to seven stretching back to March. Overall, it was down […]
Economic Week - October 21
Inflation shocker Annual inflation in the September 2022 quarter was 7.2%, much higher than all expectations and heaping pressure on the Reserve Bank to stamp harder on inflationary pressures. Statistics […]
Economic Week - October 7
by Nick Clark, National Manager General Policy OCR lifted to 3.50% The Reserve Bank this week did what was universally expected, increasing the official cash rate 50 basis points to […]