This week I give a simple dot-point summary of the situation and reiterate that in a market constrained by supply prices will rise and the rises spread out of Auckland and Christchurch. These are early days for this housing cycle.
This morning we learnt that our economy achieved a growth rate during the March quarter of a slower than expected 0.3% with the boost from Christchurch reconstruction offset by a fall in agricultural production courtesy of the drought. But the drought impact is fading while construction will lift further therefore the quarterly growth rate is […]
Tony Smale this month’s discusses the way we Kiwis underplay our achievements and the significance of things, which in other cultures such as American where over-statement is the norm, leads to outright discounting of what we have to say and offer.