Coming up this week...

In the political economy this week:

Monday

Prime Minister Jacinda Ardern chairs her first cabinet meeting since having her baby and going on maternity leave for six weeks. The meeting starts around 1 pm. She is expected to hold a post-cabinet news conference around 4 pm.

Tuesday

Parliament resumes at 2 pm for the final two weeks of a four-week sitting session with question time. The Parliamentary parties hold their weekly caucus meetings around 10 am.

Local Government New Zealand holds a quarterly briefing for media around 9 am.

Wednesday

Finance Minister Grant Robertson is scheduled to speak at the KangaNews New Zealand Debt Capital Markets Summit in Auckland at 9 am.

Globaldairytrade holds its fortnightly online auction of dairy products on Tuesday night and Wednesday morning.

Parliament's Finance and Expenditure Select Committee is due to hear a briefing on living standards around 11.20 am.

The Reserve Bank is scheduled to release its latest survey of expectations at 3pm.

Thursday

The Reserve Bank is scheduled to release its latest Official Cash Rate decision at 9 am along with its quarterly Monetary Policy Statement. Governor Adrian Orr is then scheduled to hold a news conference around 10 am and appear before the Finance and Expenditure Select Committee after midday.

The bank is expected to leave the OCR on hold at 1.75 percent. The debate is over whether Orr will continue to hold a neutral stance, which means just as likely to cut next as hold next. The weight of economic data over the last month has leaned slightly towards adopting an easier stance, but most economists expect an unchanged view.

Friday

Statistics New Zealand is scheduled to release electronic card transactions data on retail spending in July at 10.45 am.