Westpac chief economist Kelly Eckhold acknowledges compelling reasons for meatier October and November rate cuts.
Xero report found there was a 6.1% slump in national productivity last year.
New Zealand's weak economy likely to diminish appeal from prospective migrants, says Westpac senior economist Michael Gordon.
The central bank will also ease loan-to-value restrictions from July 1.
RBNZ deputy governor Christian Hawkesby tells NBR cuts are not on the cards in the near term.
‘We will need to stay awake and aware,’ governor Adrian Orr said, as financial markets reacted to yesterday’s OCR statement.
The RBNZ has left the official cash rate on hold this afternoon – as widely expected.
Robyn Walker highlights the lumpy revenue risks and complexity of a CGT.
Slower spending and investment continued over early 2024, Infometrics’ quarterly economic report reveals.
Christopher Luxon says Budget 2024 won't be an austerity budget, but it also won't solve six years of "economic vandalism".