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23 August 2023

Two giants and their impact on NZ

The Reserve Bank has kept the official cash rate at 5.5%, but the outlook on interest rates is still clouded. And now, the future of our housing market might be shaken up by two giants from the other side of the globe: China, and the U.S.

Person holding a globe
09 August 2023

Interest rates: A puzzle of uncertainty

On August 16, the Reserve Bank will review their 5.5% official cash rate. It's extremely likely that they'll choose to remain at 5.5%, according to Tony Alexander — but what does this really mean for interest rates?

Woman putting a puzzle together
17 July 2023

Reserve Bank puts an end to the OCR hikes – but challenges still lay ahead

The Reserve Bank remains confident there is no need to increase the OCR further — but when will mortgage interest rates begin to fall? New borrowers are still feeling the crunch too, with bank test rates often higher than 9%.

Man standing on the top of rocks
03 July 2023

A shift in inflation forecasting

As one who has been around for three and a half decades commenting on the New Zealand economy and observing offshore markets, I’ve learnt that surprises never stay pointing in the one direction. A key aspect of markets is that they are adaptive.

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