Tony Alexander

Economic Commentaries

Weekly Overview 13 October 2016

Thursday October 13th 2016

Things are back to normal this week and we start the Overview with a look at the issue of whether per capita GDP growth is really as low as the headline numbers suggest. This article probably won’t interest most readers. But further on in the Housing section we discuss the latest REINZ numbers and look at five developments over the past fortnight of relevance to the Auckland housing market. Hint – none will stop prices from rising further.

Plus we take a look at low inflation readings and the expectation of interest rates staying low for many, many years, and look at why the NZ dollar has dropped three cents.