Dominick Stephens
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Dominick Stephens

The Treasury / Te Tai Ōhanga

Chief economic adviser

  • Appointed permanently to the role in Jan 2022 after being seconded from Westpac in March 2021. Was Chief Economist at Westpac NZ for the past decade. Analyst, adviser and commentator on a range of economic and market issues. Formerly an economist at the Reserve Bank of NZ. Holds a BSC (Hons) in economics and is fluent in Spanish, Finnish and Portuguese.


Reserve Bank of New Zealand / Te Pūtea Matua
Summer Intern
Nov 1998 - Feb 1999
Reserve Bank of New Zealand / Te Pūtea Matua
Jan 2000 - Sep 2006
Chief Economist, New Zealand, Senior Economist
Sep 2006 - Present

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Major rethink over Te Pūkenga’s merger plan

Acting CE getting national amalgamation of polytechs back on track after boss abruptly departs.

Healthcare workforce boost welcomed but 'show us the money!' say employers

The government's plan will boost the overall health workforce but private sector employers will still face recruitment issues

Cost of living payments – IRD warned govt it's not sure where people live

The government knew IRD lacked a robust process for checking residency.

Zero income but no cost of living payment from government

The government refuses to distribute the cost of living payments to those with zero taxable income, including up to 70,000 students.

Scepticism over Immigration NZ's faster residence visa promise

Michael Wood is open to making changes to the green list for immigration before the scheduled review next year.

Highly skilled locals more productive when teamed with migrants

Skilled and long-term migrants tend to be more productive than most locals.

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Warren Buffett’s Berkshire Hathaway ‘buys the dip’ again
Bloomberg | Mon, 08 Aug 2022

 The “Sage of Omaha” has emerged as a net buyer of equities in the June quarter, when markets were heading south around the world.

What’s in the landmark US climate and tax bill
Bloomberg | Mon, 08 Aug 2022

After an epic struggle, the US Senate has passed a landmark climate change, tax and healthcare bill that Joe Biden hopes will help the Democrats in the mid-term elections.

Wellington house price decline 'worst in world'
Brent Melville | Mon, 08 Aug 2022

Wellington is taking the brunt of the New Zealand housing market's sharp decline, dragged down by rising mortgage rates and tough credit conditions.