COVID-19: The recovery ahead - NZIER Insight 88
June 18, 2020
New Zealand has managed the COVID-19 outbreak with relative success, in terms of containing infection rates and deaths. This has seen New Zealand move down alert levels over the past few weeks as we achieved zero active cases, with restrictions relaxed but the border closed. However, … Read more
NZIER Consensus Forecasts shows growth outlook highly uncertain
June 15, 2020
The latest NZIER Consensus Forecasts showed an even greater degree of uncertainty over the growth outlook ahead. With New Zealand having eliminated the number of active cases of COVID-19 and moving to Alert Level 1 on 8 June, focus now turns to keeping imported cases at bay on the lon … Read more
Targeting support for rural communities in the COVID-19 recovery - NZIER Insight 86
May 22, 2020
No regions will escape the economic downturn, but some rural communities will face bigger impacts than others. NZIER looks at how to identify and target support at communities most affected by COVID-19. Read more
NZIER’s Shadow Board favours further QE over negative OCR
May 11, 2020
The significant changes in monetary policy implementation in recent weeks in response to the effects of the COVID-19 outbreak has led us to revamp the format of our Shadow Board reporting. The Reserve Bank of New Zealand (RBNZ) on 16 March 2020 announced it was undertaking an emergenc … Read more
Pandemic uncertainty: NZIER points to key planning issues - NZIER Insight 85
April 17, 2020
New Zealand is approaching the end of the planned four-week lockdown which has brought about significant economic losses and, it appears, significant benefits in the form of lives saved. As the country now looks toward a relaxing of the COVID-19 Alert level and an uncertain future, we … Read more
NZIER Consensus Forecasts shows growth outlook highly uncertain
March 16, 2020
Note: Consensus Forecasts were finalised prior to the Reserve Bank of New Zealand’s emergency OCR cut of 75bp which was announced at 8am this morning. Read more
New Zealand's pandemic response: Best practice or just a practice run? NZIER Insight 84
February 20, 2020
Using evidence from health and economic literature, health economists Sarah Hogan and Todd Krieble find that New Zealand should do more to prepare for pandemics and assist the Pacific Islands. New Zealand should not rely on travel bans which are likely to be ineffective. Read more
NZIER’s Shadow Board recommends no change under coronavirus cloud
February 10, 2020
There remains a wide range of views amongst the NZIER Policy Shadow Board on the appropriate level of the OCR at the Monetary Policy Statement (MPS) release on Wednesday. Although Shadow Board members acknowledged the positive developments in the New Zealand economy, the recent corona … Read more
NZIER Consensus Forecasts show a slightly lower growth outlook
December 16, 2019
The growth outlook has been revised down slightly in the latest NZIER Consensus Forecasts, relative to the previous quarter. Read more
Recession : What are the chances? NZIER Insight 83
December 12, 2019
Talk that a recession could hit the global and New Zealand economies has ramped up in recent months. We look at some of the warning signs we should watch out for, and the tools available to combat the effects if a recession was to occur. We find that although the New Zealand economy i … Read more