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.
May 12th 2011
Thursday May 12th 2011
Our monthly BNZ-REINZ Market Survey has revealed a further strong increase in interest in the real estate market from first home buyers, sustained interest from investors, plus more sales going Unconditional and people passing through Open Homes. However a small net percent of licensed real estate agents feel there remains some downside to prices (though […]
Our May survey has found a sharp jump in optimism about the economy to the highest level in 18 months. However while some sectors are outright positive, such as agriculture, forestry, manufacturing exports and recruitment, and some have become less negative this month, such as construction, real estate and accounting, others remain negative – retailing […]
Why the economy has underperformed over the past year
Monday May 9th 2011
Two Years Back, Two Years Forward Our economy came out of recession in the June quarter of 2009 and for a while grew at an annualised pace of almost 2.5%. Things looked good enough that in mid-2010 the Reserve Bank raised its cash rate from the emergency setting of 2.5% and most of us spoke […]
This seventh paper looks at the OECD Going For Growth and Policy Brief papers, the second 2025 Taskforce Report, the Ministry of Economic Development’s Economic Development Indicators 2011 report, and an NZ Trade and Enterprise study on how Kiwi businesspeople are viewed offshore
Australia’s economy is growing strongly and that affects us in many ways.
Monday May 2nd 2011
Strong Aussie Economy Affects Us Here Developments in the Australian economy are quite relevant to us here and there are some big things happening across the ditch which businesses need to be aware off. The first is that in terms of economic growth and employment the Australian economy is in a very healthy state.
We have in hand wage income data for the March quarter and that allows us to make an estimate for the household savings rate in the year to March 2011. We calculate that it is still negative at -1% but that we are the closest to having a positive household savings rate since 2000.