New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Thematic (Sector/Industry)

New zealand Consumer discretionary / Thematic (Sector/Industry)

<ul><li>Government policy changes have led to significant volatility in the types and volumes of vehicles imported recently.</li><li>New car registrations in NZ have remained subdued, falling by -20% in 1Q24, as high interest rates, more conservative lending policies, changes to EV subsidies, and increased household costs have dampened consumer demand.</li><li>However, 1Q24 saw total used car transactions begin to recover, showing a +1% increase compared to the same period in the previous year. </li></ul>

Government policy changes have led to significant volatility in the types and volumes of vehicles imported recently.New car registrations in NZ have remained subdued, falling by -20% in 1Q24, as high interest rates, more conservative lending policies, changes to EV subsidies, and increased household costs have dampened consumer demand.However, 1Q24 saw total used car transactions begin to recover, showing a +1% increase compared to the same period in the previous year. 

Forsyth Barr EV and Vehicle Digest