Sally Auld

speaker

5,823 appearances 57 recordings 1 series first heard Sep 2024 last heard 17 Aug

Sally Auld’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 28 in all, peaking in Aug 2026 with 3.

Appearances

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NAB Morning Call · Out of Office · 16 Feb 2026 podcast

Indeed. voice-verified

Uh but that's the nature of recoveries, you know, they can be a bit uneven. voice-verified

Um but I think we've seen enough maybe over the past quarter really to, you know, as as Stephen was saying on the weekend, to be confident that the cycle has turned and uh, you know, the economy is improving, but that that won't happen in a straight line and so uh we shouldn't panic too much when we get a bit of data that's not as robust as, you know, we might otherwise like. voice-verified

Hmm, it does. voice-verified

So, you know, that'll be an interesting one. voice-verified

Obviously, it's her her first uh you know, rate decision and monetary policy statement since taking taking up the job. voice-verified

And and I guess if you just sort of step back and say, well, what's happened relative to the November uh MPS? voice-verified

Because it is a it's a big break in between that that they have over in New Zealand. voice-verified

You know, the GDP numbers were stronger than expected for the third quarter, so the bank will have a better starting point. voice-verified

For its forecast track for growth, uh inflation was actually also stronger than the RBNZ had penciled in as well. voice-verified

Um, but the one thing that didn't sort of quite play ball was the labor market numbers, uh, where the unemployment rate was maybe a bit higher than than people had been anticipating. voice-verified

So there's a, you know, there's a lot to play with there. voice-verified

But I think the general view is that, you know, as the prior governor indicated back in November, the easing cycle is over. voice-verified

And really it's just a question of uh, you know, when the RBN Z will feel comfortable about getting voice-verified

I guess a bit more convicted on signalling um that a that a rate hike is imminent. voice-verified

And on on our forecasts at BNZ, you know, that's definitely not the the first six months of of this year. voice-verified

But that said we still do expect voice-verified

Just a little uh voice-verified

modest revision higher in in the RBNZ's interest rate projections, I guess. voice-verified

So baby steps at this stage. voice-verified

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