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.
The BNZ Weekly Overview is sent out each Thursday night to over 28,000 subscribers. The publication covers the latest data on the NZ economy, the housing market, interest rates, and foreign exchange.
BNZ Confidence Survey
The survey is sent out to each of the 28,000 subscribers to the BNZ Weekly Overview on the first Thursday of each month and results are published the following Monday. It is the most up to date gauge of changes in business sentiment in New Zealand and accurately picks changes which subsequently appear in other surveys released with lags of many weeks.
Christmas Shoppers Plan Restraint
Monday December 9th 2013
Our monthly survey of NZ consumers has found that a net 30% are optimistic about the state of the economy in a year’s time which is down just slightly from November’s net 35% outcome. A high net 47% plan raising spending from November but there is clearly a seasonal effect in play here. Asked whether they intend spending more or less than last Christmas a net 17% said that they plan spending less. Retailers therefore should be cautious in their expectations for sales this December.
Weekly Overview Dec. 5
Thursday December 5th 2013
Wholesale interest rates are creeping up, the NZD is well supported by high export prices, and we write lots about the housing market.
Wednesday December 4th 2013
In this paper we take a look at various measures which might give some insight into regions due for a period of catch-up house price rises.
Confidence At record High
Monday December 2nd 2013
Confidence about where the NZ economy will be in a year’s time has hit a record net 69% positive, up from 66% last month. Construction and its many associated industries is strong, accountants are more positive than for many years, and things are less negative in a number of sectors such as retailing. The LVR changes have dented residential real estate turnover, taken pressure off prices, and led to vendors moving away from selling using auctions. Listings shortages persist however.
Weekly Overview, Nov. 28
Thursday November 28th 2013
Household incomes are rising in NZ and this in conjunction with rising employment, high sentiment, rising house prices and rising house construction bodes well for retailing next year.