Tony Alexander

Economic Commentaries

Weekly Overview 29 September 2016

Thursday September 29th 2016

This week we discuss the way our export dependence upon agriculture retards long-term growth in NZ’s economy and incomes when compared with many other countries. The absence of any fear that our meat and dairy sectors will ever be relocated offshore directs attention toward deeper and deeper efforts to open new markets for the same old products rather than investing in new ones and owning the chains for distributing them globally.

We also give an answer to the question of when the time is best to invest in property, look at the different types of people who buy property, and note how it is now structurally more difficult for young people to buy houses than in the past.