What’s at stake:Whether the RBNZ has enough evidence to cut the OCR this year.
Background: Dollars & Sense assesses the health of the economy after recent data showing a suppressed outlook. The RBNZ reviews the OCR next week and no change is expected, while the Budget is released later this month and will deliver promised tax cuts.
Key players: Stats NZ, RBNZ, BNZ, Mike Jones, Westpac, Michael Gordon, HSBC, Paul Bloxham, First Union, Edward Miller.
Economists still think New Zealand is on track for a soft landing, amid public and private sector job cuts, sticky domestic inflation, and the recession.
They argue there’s still a plethora of challenges facing businesses and households as the country approaches winter.
BNZ chief economist Mike
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
What’s at stake:Whether the RBNZ has enough evidence to cut the OCR this year.
Background: Dollars & Sense assesses the health of the economy after recent data showing a suppressed outlook. The RBNZ reviews the OCR next week and no change is expected, while the Budget is released later this month and will deliver promised tax cuts.
Key players: Stats NZ, RBNZ, BNZ, Mike Jones, Westpac, Michael Gordon, HSBC, Paul Bloxham, First Union, Edward Miller.
