RaboResearch - Economic Research

Country Report

Country Report New Zealand

Economic growth is slowly decelerating in New Zealand due to prolonged low commodity prices. Low milk prices put a strain on the dairy sector. Meanwhile, the RBNZ in general softened its LTV restrictions, but tightened it for the Auckland area.

Country Report

Country Report New Zealand

New Zealand experiences relatively strong, domestic-driven, economic growth. A major risk to the outlook is the current deterioration of the terms-of-trade. Meanwhile, the central bank slowed down the potentially overheating housing market.