New Zealand Economy

The following chart from Justin Fabo from Antipodean Macro illustrates that, in real inflation-adjusted terms, New Zealand dwelling values have crashed back to 2019 pre-pandemic levels: At the same time, the Reserve Bank of New Zealand has slashed the official cash rate by 3.0% to 2.5%, which has driven mortgage rates sharply lower.

Stats New Zealand’s latest migration data revealed that only 10,628 net overseas migrants landed in the country in the year to August 2025.

New Zealand experienced one of the developed world’s largest rises in home values over the first 25 years of this century.

Stats NZ released migration data, revealing that only 10,600 net overseas migrants arrived in New Zealand in the year to August.

Statistics New Zealand’s latest migration data showed that only 13,066 net overseas migrants landed in the country in the year to July 2025.

New Zealand’s economy is in a deep hole.

The Reserve Bank of New Zealand has already delivered 2.5% of interest rate cuts, which has taken the official cash rate to 3.0% from a peak of 5.5%.

Under a series of treaties signed by the Australian and New Zealand governments, New Zealand citizens have the right to move to Australia and live there indefinitely under the Special Category Visa (SCV).

On Monday, Stats NZ released data on filled jobs for August, which recorded a 0.2% monthly rise, in line with expectations.

Statistics New Zealand this week released migration data, which showed that only 13,066 net overseas migrants landed in New Zealand in the year to July.

A decade ago, soaring New Zealand home prices were “freaking people out, especially in Auckland”, claims Catherine Masters at One Roof.

On Thursday, Stats NZ released the Q2 national accounts, which revealed a sharper-than-expected decline in real GDP.

The Reserve Bank GDP nowcast, released last Friday, forecast that New Zealand’s GDP contracted by 0.4% in Q2 2025.

I reported last week how New Zealand is facing an employment crisis.

Statistics New Zealand this week released migration data, which showed that only 13,066 net overseas migrants landed in New Zealand in the year to July.

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.5% since July 2024, taking the OCR down to 3.0% from a peak of 5.5%.

The Reserve Bank of New Zealand has slashed the official cash rate by 2.5% since July 2024.

New Zealand’s economy and housing market remain in a funk.

The Reserve Bank of New Zealand has slashed the official cash rate (OCR) by 2.5%, with another 0.5% of cuts expected by the end of 2026.

The latest official labour force survey showed that New Zealand’s unemployment rate lifted to 5.2% in Q2 2025, the highest rate since Q4 2016.

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.5%, with another 0.5% worth of rate cuts expected by the end of 2026.