New Zealand is like “Godzone” Right Now In an economic sense, things in NZ seem to be progressing at a fast clip. Unemployment is at low levels, mortgage interest rates are at very low levels, inflation is low so the cost of living is not increasing significantly, exports are going well……NZ is a great […]
Archive | New Zealand economy
Brexit
as at 28/06/2016 WELL! Here we have the result that no-one saw coming. There was very little work done here in the office on Friday afternoon as I sat and hit “refresh” on the BBC website every 2 minutes as the results came in. The Brit in me was going YES! and the investment adviser […]
the Chinese share market crash in perspective and what it means to the rest of the world
By Janet Natta in blog, Chinese Share Market, Investment Bubbles, Janet Natta, KiwiSaver, New Zealand economy
15 July 2015 For the year to 30 June 2015, the Chinese share market has risen 150% However, in the last four weeks, the Chinese share markets have fallen 30%. $3 trillion US dollars in value has been wiped off the share markets. The Chinese share market as it stands today is a relatively young […]
Watching a Greek Tragedy Unfold…. (as at 08 Jul 2015)
On Sunday (06/07/2015), the Greek people took to the polls to vote in a controversial referendum asking if they were happy to go with the terms of extended financing to their Government from the European leaders, or not. The answer has been a resounding NO. Greece defaulted on an International Monetary Fund (IMF) loan repayment […]
Auckland House Prices – Economics 101
The Reserve Bank Deputy Governor, Grant Spencer, made some strong statements in the media Wednesday 15 April about wanting the Government to introduce a capital gains tax on property investments. The media is continually full of stories about the housing booms in Auckland and Christchurch, telling us that we have an investment bubble and that […]
Oil prices and what it actually means for the NZ economy
International oil prices halved during 2014 There has been a lot of talk in the press in the last few months about the falling price of oil. International oil prices have halved during 2014, from a high of US $105 a barrel to US $53 a barrel at the end of 2014. As of writing […]