Tony Alexander

Economic Commentaries

Tony Alexander

Welcome to the online library we have created for placing reports and specialised commentaries too large or detailed to go into our flagship publication the BNZ Weekly Overview.

What’s New

Weekly Overview February 11 2016

Thursday February 11th 2016

Sharemarkets have fallen again this past week as investors find themselves with plenty of reasons for backing away from riskier assets. For some it is the fall in oil prices and resulting poor profit outlooks for businesses involved in the energy sector, expectations that sovereign funds of oil exporting countries will sell assets to offset revenue losses, and losses to be taken by banks which have lent to energy companies.

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Weekly Overview February 4 2016

Thursday February 4th 2016

Two weeks ago I listed reasons why despite the dairying downturn growth in the NZ economy would remain good especially compared with other countries and this would limit scope for lower interest rates, support jobs growth, and keep the NZD from falling much.

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Weekly Overview January 28 2016

Thursday January 28th 2016

The Reserve Bank left the cash rate at 2.5% this morning which surprised no-one. But they did open the door a bit more to cutting further, so although our view remains that they won’t move again, one cannot rule out a 0.25% reduction in March. A lot depends on what happens overseas as domestically our economy has a lot of strength.

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Weekly Overview January 21 2016

Thursday January 21st 2016

Welcome to the first Weekly Overview for 2016. The year has started fairly dismally for sharemarket investors and businesses exposed to minerals commodity prices. There has been record early-year weakness in some share indexes, and oil prices are almost in freefall as supply booms, dragging down other energy-related prices by association.

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Weekly Overview December 17 2015

Thursday December 17th 2015

This is the last Weekly Overview for 2015. The next one will appear on January 21. I hope everyone has a merry Christmas and a good summer break.

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