Tony Alexander

Economic Commentaries

Tony Alexander

Welcome to the online library we have created for placing reports and specialised commentaries too large or detailed to go into our flagship publication the BNZ Weekly Overview.

What’s New

Weekly Overview November 26 2015

Thursday November 26th 2015

A couple of very large numbers made their appearance this week. One came from the International Visitor Survey which showed a massive 38% rise in spending by visitors to New Zealand over the past year. The tourism sector is in very good health and this is one of the important offsets to weakness in the dairying sector which will keep overall economic growth up and discourage the Reserve Bank from contemplating rate cuts beyond probably one more 0.25% reduction.


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Weekly Overview. November 19 2015

Thursday November 19th 2015

This week I had the pleasure of spending a couple of days in Christchurch and start the Weekly Overview discussing how construction of low rise office buildings has soared since I last had a decent walk around a year ago. In two more years the CBD will look amazingly different from the building site it is currently.


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Weekly Overview – November 12 2015

Thursday November 12th 2015

This week’s Overview is just three pages long so its not going to set the world alight. I concentrate on the important issue of making sure you don’t rush to form conclusions about things based upon just one month’s observations. You need at least three months worth of data to say anything really meaningful. If you look at just October you may conclude that house prices are falling in Auckland. But if you smooth over three months what we have instead is a trend of slowing house price rises from the pace of earlier this year.


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PDF version of WO

Thursday November 5th 2015

Opps. Loaded Word version referenced via URL in the bulk email. Here is a pdf copy.

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Weekly Overview November 5 2015

Thursday November 5th 2015

In this week’s Overview I make a quick note of the weaker than expected employment numbers released yesterday along the lines of them reflecting the collapse in business sentiment early this year. Now that sentiment is back up again employment growth will resume.


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