Tony Alexander

Economic Commentaries

This is 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.

BNZ Weekly Overview

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Weekly Overview 17 August 2017

Thursday August 17th 2017

This week we look at real estate data and comment on the chances that the Reserve Bank will soon ease LVR restrictions. They are not high. The rules were announced on August 2013. Comparing now with then, although house price inflation has slowed nationwide from 6.3% to 5%, (Auckland 11% to 2%) lending growth is higher at 7.7% from 5.2%, and imbalances clearly persist between demand and supply growth in Auckland.

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Full Weekly Overview pdf

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Weekly Overview 17 August 2017

Thursday August 17th 2017

This week we look at real estate data and comment on the chances that the Reserve Bank will soon ease LVR restrictions. They are not high. The rules were announced on August 2013. Comparing now with then, although house price inflation has slowed nationwide from 6.3% to 5%, (Auckland 11% to 2%) lending growth is higher at 7.7% from 5.2%, and imbalances clearly persist between demand and supply growth in Auckland.

(more…)

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Newspaper Column

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Business confidence stays high

Thursday May 8th 2014

A strong net 59% of respondents in our monthly BNZ Confidence Survey feel that the economy will be in better shape in a year’s time than it is now. This is consistent with monthly results since the middle of last year and bodes well for continuing strong growth in employment along with business investment.

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