1H24 Financial Results
GDP %
Key New Zealand economic indicators (June FY)
Financial year average
GDP
6.1
3.0
Nominal GDP
8.0
8.6
6.1
4.4
0.7
2021
2022
2023
2024
2025
Cash rate %
0.5
2021
2022
2023
2024
2025
CPI %
Year on year, June quarter
Unemployment rate %
June quarter average
3.0
3.3
7.3
6.0
3.6
2.3
5.2
4.7
4.0
3.6
3.3
alte till
2021
2022
2023
2024
2025
2021
2022
2023
2024
2025
5.50
5.50
5.50
6.4
6.1
4.75
4.25
4.00
Total credit growth %
12 months to June
2.00
0.75
0.25
21
Jun Dec Jun
21
22
Dec
22
Jun Dec Jun Dec Jun 25
23 23 24 24
2021
2022
2023
2024
2025
Actual
Forecast, ASB Economics
Housing and business credit growth %
12 months to June
Housing credit
Business credit
4-6
2-4
11.9
8.9
3.0
2.5-5-7
6.9
4.5
3.1
3.1
2021
2022
2023
2024
2025
2021
2022
2023
2.5-
0.5-4.5
2024 ☑G
2025
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