Majority of the Shadow Board members recommend keeping the OCR on hold in May
May 25, 2026
There is a split of views amongst the NZIER Monetary Shadow Board regarding the Official Cash Rate (OCR) at the upcoming May Monetary Policy Statement. The majority of Shadow Board members recommend the Reserve Bank of New Zealand (RBNZ) keep the OCR at 2.25 percent. They viewed that … Read more
Risky business - NZIER Insight 127
May 15, 2026
Are New Zealand firms more reluctant to invest? This NZIER Insight examines whether businesses have become more hesitant to commit to major capital projects and whether that signals a broader shift in firm risk appetite. We explore how investment intentions, liquidity positions, borro … Read more


