COVID-19 - a historical perspective - NZIER Insight 94
October 22, 2020
Who will be the winners and losers from COVID-19? History says don't be presumptuous. Former Head of School of Government and economic historian Gary Hawke explains in the final of the NZIER COVID Insight series. Read more
Inflexibility a challenge for the agrifood sector - NZIER Insight 93
October 6, 2020
COVID-19 has proved challenging for the agri-food sector. From pasture to plate, farms and businesses in the agri-food sector have reported feeling squeezed between rising costs and lower prices. To explore the impacts of COVID-19 on the agri-food sector, NZIER collaborated with an Au … Read more
NZIER’s Shadow Board still favour QE over negative OCR for stimulus
September 21, 2020
We are continuing to seek our Shadow Board members’ views on whether the Official Cash Rate (OCR) should be negative and if the Reserve Bank should expand its quantitative easing (QE). Fewer Board members see further quantitative easing as appropriate over the coming year. This follow … Read more
NZIER Consensus Forecasts show a wide range of forecasts
September 14, 2020
The latest NZIER Consensus Forecasts continues to show a wide range of forecasts for the economy, reflecting a large degree of uncertainty over the growth outlook. The announcement on 11 August of new COVID-19 cases in the community, and the subsequent return of Auckland to Alert Leve … Read more
Regulators are the new diplomats - the role of IRC in a post-COVID world - NZIER Insight 92
September 10, 2020
New research shows that the New Zealand Government is deeply imbedded in a complex web of international regulatory cooperation (IRC) arrangements and agreements. Bilateral agreements with Australia predominate including regulatory harmonisation on food standards and the Trans Tasman M … Read more
Is dairy our biggest achievement or yesterday's news? NZIER Insight 91
September 1, 2020
The dairy industry has proved resilient through the COVID crisis. But what of the future? This paper looks at the dairy industry prospects over the next ten years. We find that the most important challenges are domestic supply side issues (conforming to climate change and water qualit … Read more
NZIER’s Shadow Board considers negative OCR unnecessary
August 10, 2020
We are continuing to seek our Shadow Board members’ views on whether the Official Cash Rate (OCR) should be negative and if the Reserve Bank should expand its quantitative easing (QE). Read more
Land-based industries see New Zealand through tough COVID times - NZIER Insight 90
July 21, 2020
Covid-19 has changed the trade game that New Zealand plays. With the structure of the New Zealand economy based on our exports the stakes are high. Now that New Zealand has shifted through the lockdown levels and arrived at Alert Level 1, it is a good time to ask why our land-based ex … Read more
Migration after COVID-19 - NZIER Insight 89
July 7, 2020
New Zealand has put up a 'no entry' sign. As well as stopping international tourism; we have turned off historically high rates of inward economic migration, forgoing what has been at best a small positive impact on GDP per capita. New Zealand closed the border in response to Covid-19 … Read more
NZIER’s Shadow Board continues to favour further QE over a negative OCR
June 22, 2020
There remains a wide range of views amongst the Shadow Board on whether more monetary policy stimulus is required, and in what form. Overall, the consensus amongst the Shadow Board is that more stimulus would be required over the next twelve months, with the majority favouring an expa … Read more