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Friday 17 April 2026

Westpac

Hospo does it tough as consumers divert spending to fuel – Westpac 14th April 2026 /

Hospo does it tough as consumers divert spending to fuel – Westpac

The bank’s Retail Spending Pulse for March 2026, authored by senior economist Satish Ranchhod, showed per person card spending on fuel jumped 14.9% in March 2026 compared to February.


‘Turning the corner’ – Westpac economic outlook warms up 12th February 2025 /

‘Turning the corner’ – Westpac economic outlook warms up

The economy has begun to turn the corner with a recovery in the primary sectors playing its part, albeit that tariff uncertainty remains, according to the bank.


“The sense is the worst is finally behind us” – Westpac 8th October 2024 /

“The sense is the worst is finally behind us” – Westpac

While conditions are still tough, some of the weakness in economic activity looks to be easing, thanks in part to a firming outlook for key agricultural exports, says Westpac.


Westpac sets intensity-based emissions target for agri 23rd November 2023 /

Westpac sets intensity-based emissions target for agri

Westpac New Zealand has announced new emissions intensity targets for some agri-customers.


Weather, commodities downturn weighing unevenly on regions – Westpac 11th October 2023 /

Weather, commodities downturn weighing unevenly on regions – Westpac

Rural-focused New Zealand is suffering from a downturn in commodity prices and the severe weather earlier in the year, however, the impacts are not being felt evenly, according to Westpac.


Agri commodity prices downturn resumed – Westpac 10th August 2023

Agri commodity prices downturn resumed – Westpac

Agricultural commodity prices are expected to get worse, before they get better, according to Westpac’s latest Economic Overview report.


A year of two halves for food producers – Westpac 18th May 2023 /

A year of two halves for food producers – Westpac

A difficult start to 2023 due to extreme weather and cost inflation will give way to a better half of the year for growers and farmers, according to Westpac.


Meat, dairy, tourist regions to fare best as economy slows – Westpac 14th December 2022 /

Meat, dairy, tourist regions to fare best as economy slows – Westpac

The regions producing meat and dairy have fared well but those reliant on horticulture have seen mixed fortunes, according to Westpac.


Milk, meat prices to drop, mixed bag for hort – Westpac 16th November 2022

Milk, meat prices to drop, mixed bag for hort – Westpac

Westpac has cut its 2022/23 milk price forecast to $8.75/kg, with larger than average falls also forecast for meat prices and a ‘mixed bag’ forecast for the horticultural sector over the coming six months.


Export prices past peak, should settle at high level – Westpac 16th August 2022 /

Export prices past peak, should settle at high level – Westpac

Input prices for Kiwi exporters are also on the way down with costs like shipping container rates falling 40% compared to a year ago.


Westpac sees food producing rural regions outperforming 17th June 2022 /

Westpac sees food producing rural regions outperforming

With agricultural incomes set to remain firm, regions with a food-producing rural backbone should continue to outperform their big city counterparts, according to Westpac’s latest Regional Roundup.


Food producing regions strongest performers – Westpac 18th June 2021 /

Food producing regions strongest performers – Westpac

Rural areas have done well but the year ahead may not be so rosy for some growers, says the bank.