I’ve been writing a weekly column for NZ regional newspapers since 1998. Columns produced since the start of 2011 are included on this page.
An Unbalanced Upturn
Thursday February 28th 2013
New Zealand has embarked upon what will likely be one of the most unbalanced periods of economic growth we have ever seen. It probably won’t end well a few years down the track, but until then most householders won’t notice that things are astray, outside availability of affordable accommodation, because of happiness generated for most […]
There is widespread acknowledgement of the amazing economic growth, development, and alleviation of poverty in China, but also concerns about what sort of role China will play as it takes its natural place at the global political, military, and economic tables. This paper, entitled “Sources of Western Apprehension About China”, contains 55 factors which lie […]
Many thanks to the near 600 real estate agents who a week and a half ago replied to our monthly BNZ-REINZ Residential Market Survey regarding conditions in the market. The results were released to this emailing list and showed a lift in most measures from where they were in early-December, A record net 35% of […]
There is increasing upward pressure appearing on wholesale interest rates in New Zealand and that is going to be the story we think for all of this year – though in a stop-start fashion. One has learnt to hedge one’s bets regarding the speed of interest rate rises given the appalling rate forecasting record we […]
We all speak with an accent – though no-one realises it until they hear people from other countries or regions. In similar vein, as businesspeople we all have a culture. But we don’t always know we do until we encounter businesspeople elsewhere, and realise that we might need to make adjustments to operate outside the […]
It is rare when one travels overseas to encounter news on New Zealand beyond an All Blacks game, natural disaster, as a tourist destination ($9bn, 15.4% all exports), and as a player in China’s milk market. But a lot more is happening than these things and in this section we shall explore over time the […]
The world is awash with surveys and each month in this section we will examine any recently undertaken of expats, plus run through the many surveys which show how NZ ranks with regards to low corruption, starting a business etc. Pity about incomes, cost of living, housing affordability, job satisfaction, globalisation, & low innovation.
Nature of the NZD Beast There are two key things people need to know about the Kiwi dollar. First, the NZ dollar is a high beta currency. What that means is that its movements tend to exceed those of the “market” overall. In this context what we mean is that when the world’s investors get […]
No Rush of Kiwis Full document with graphs is here. http://tonyalexander.co.nz/wp-content/uploads/2013/02/Brain-Gain-Feb-20131.pdf New Zealand has the most churning population in the OECD. On average each year we lose 1.7% of our population offshore and gain 2.1% – thus delivering a net migration gain for the past ten years of 13,000 people per annum and a total […]