by Nick Clark, National Manager General Policy The election’s (nearly) over, what next for the economic policy? The 2023 General Election has delivered a change in government, with National and […]
Economic Week – October 13
by Nick Clark, National Manager General Policy Fonterra lifts milk price forecast Fonterra has raised its 2023/24 forecast farmgate milk price range to $6.50-$8.00 per kgMS (up from $6.00-$7.50), with […]
Economic Week – September 29
by Nick Clark, National Manager General Policy Exports and imports both down August again saw declines in both exports and imports compared to the same month last year. Statistics NZ’s […]
Economic Week – September 22
by Nick Clark, National Manager General Policy GDP bounces Economic activity increased 0.9% in the June 2023 quarter, according to Statistics NZ’s Gross Domestic Product. This means New Zealand is […]
Economic Week – September 15
by Nick Clark, National Manager General Policy State of government finances revealed On Tuesday Treasury provided the Pre-Election Economic and Fiscal Update (PREFU), its ritual ‘opening of the books’, updating […]
Economic Week – September 8
by Nick Clark, National Manager General Policy Commodity prices weaken again but exchange rate helps The ANZ World Commodity Price Index fell a further 2.9% in August compared to July. […]
Economic Week – September 1
by Nick Clark, National Manager General Policy Ag debt up again Agricultural sector lending increased again in July, according to the Reserve Bank’s monthly Sector Lending Statistics. Agricultural sector lending […]
Economic Week – August 25
by Nick Clark, National Manager General Policy Fonterra’s cut in forecast milk price Last Friday, just two weeks after revising down its milk price forecast for the season, Fonterra made […]
Economic Week – 18 August
by Nick Clark, National Manager General Policy (Note: Nick finalised this economic commentary prior to today’s surprise further cut in Fonterra’s forecast farmgate milk price.) OCR unchanged The Reserve Bank […]
Economic Week – August 11
Farm Confidence Survey The results are out from the July 2023 Farm Confidence Survey. They were terrible with a further slump in confidence from January 2023 when it had been […]
