This article surveys some of the main economic trends in New Zealand and Australia over the 1990s, with particular emphasis on those aspects relevant to the Reserve Bank: inflation pressures, the business cycle, and monetary conditions and policy.

This article examines the latest trends in external and internal competitiveness of New Zealand's tradable goods sector.

In this article we summarise the recent economic literature on the relationship between inflation and growth, to assess what inflation target might be most consistent with the fastest pace of sustainable economic growth. One conclusion is that the relationship between inflation and growth seems...

While New Zealand's fiscal framework has been relatively successful overall, this paper suggests that it gives insufficient emphasis to macro stabilisation during upturns in the business cycle, especially once the debt target has been met. Options for making fiscal policy ‘more stabilising’...