We have loaded our monthly overview of the NZ real estate market. After analysing the actual data and running through the factors which influence the market we conclude that a cyclical recovery is underway. We include population projections in this month’s issue.
Here is the third set of comments regarding what I have seen and learnt while offshore. This paper focusses on London, offshore perceptions of NZ, the European debt crisis, and an encounter (sort of) with royalty.
Here are the results of the special question we added to our BNZ Confidence Survey of May 5. They show most respondents have found some business improvement from cutting costs and boosting productivity and only a few feel that cutting staff has “worked” for them.
There is strong potential for a big flow of Irish construction workers to meet our coming shortage.
Sunday May 22nd 2011
Ireland’s Economy Munted – For Now I’ve just spent the past three days in Dublin meeting some people from the central bank and having a decent look around the city. Ireland’s economy is about 15% smaller than it was three years ago courtesy of a huge pullback in residential and to a less extent non-residential […]
How things look over in Europe and the relevance for us.
Monday May 16th 2011
This week I head off to Brussels to attend a conference on prospects for the European economy over the coming year, then will take a look at Dublin to see how it has changed since my last visit two decades ago. The answer clearly will be a lot because it is over that period of […]
March quarter jobs growth was a stellar 1.4% or 30,000 and that suggests even more rapid tightening up of the labour market then we had been expecting – though the data need to be treated with caution.
Up to this point our examination of NZ economic deficiencies has followed the traditional route focussing on infrastructure, free market signals, etc., with policy implications largely of the sort one could derive from an OECD report or a watered down 2025 Taskforce paper. This week we end this part of our examination by looking at […]