Monthly Archives: September 2016

New Zealand’s economic growth driven almost exclusively by rising population

New Zealand’s economic growth is barely keeping up with the speed at which the population is growing, basket nike requin homme pas cher amid a slowdown in the primary sector. Air Jordan Spike Official figures released on Thursday showed gross domestic product rose by 0.7 per cent in the first three months of the year, Mujer Air Jordan 3 bringing annual growth to 2.8 per cent. Nike Air Max 90 Pas Cher But while the construction industry is expanding at speed, Air Jordan Retro 6 economists said almost all of the growth was being driven by population growth, nike legging homme currently at a 40 year high, fjällräven kånken No.2 boosted by record immigration.

Electricity prices drop for first time in 15 years

Households’ power prices have come down for the first time in 15 years and there are predictions lower prices could become the new normal. New Balance 996 męskie The latest New Zealand Energy Quarterly, NIKE FLYKNIT LUNAR3

released by the Ministry of Business, fjallraven kanken backpacks sale uk Innovation and Employment (MBIE), ROSHE RUN shows the average cost of electricity paid by residential consumers was 1.4 per cent lower in the year to March than in the previous year.

Average asking price of Bay of Plenty homes up $101,250 in last 12 months, exceeding Auckland price growth

The average asking price of homes in the Bay of Plenty has increased more than those in Auckland over the last 12 months. Asics Whizłer damskie According to Trade Me Property, Joe Montana College Jerseys the average asking price of Bay of Plenty homes advertised on the website was $533,600 in May, fjallraven kanken baratas an increase of $101,250 compared to May last year. Fjallraven Kanken Big Over the same period, Nike Internationalist the average asking price of Auckland homes listed for sale on the website increased by a slightly more modest $95,100.

Queenstown hottest property market

There’s a property market hotter than Sydney and Auckland’s and it’s a lot closer to home than you think. Jalen Hurts Alabama Jersey

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known for its extreme sport and world-class tourism, Canotte Houston Rockets asics buty sklep online Air Jordan XX9 Nike Air Mag has seen property prices increase more than 31 per cent in the year through to September.

Statistics New Zealand sees potential population growth of 60% over next 50 years if immigration averages less than half current levels

Statistics New Zealand sees the country’s population potentially exceeding 7.5 million by the year 2068 if migration levels average less than half their current levels. Scarpe Adidas Online Nike Air Max 95 Donna

Fjallraven Kanken Classic Fjallraven Kanken 7L The latest population projections released by Stats NZ show our population will likely hit 5 million around 2020 and “could reach this milestone sooner”.

New Zealand’s hot house price growth may entice international investors

A new report showing New Zealand house prices rising at the fastest rate of any country in the world is being tipped to draw more international investors here. new balance 993 outlet The report from property website Juwai showed New Zealand’s annual rate of house price inflation, GS Air Jordan 4 at 10.43 per cent, new balance 1300 femme was ahead of Romania at 10.1 per cent, Nike Air Max 2017 Heren wit Germany and 9.89 per cent and Canada at 8.4 per cent. Canotte Dallas Mavericks The United Kingdom reported growth of 4.38 per cent and the United States 3.99 per cent. Nike Air Max 2017 Heren blauw Economist Shaumbeel Eaqub was not surprised by the report. NIKE ROSHE ONE

He said New Zealand was in a “ridiculous” housing bubble.

Currency is top dollar

Over recent years the New Zealand dollar has become a prominent traded currency in the global market place, NIKE FREE RN

Oklahoma City Thunder Jerseys laying claim to the 10th most traded currency in the world. TEAM COURT Fjallraven Kanken France As CMC markets celebrates our 10th anniversary in New Zealand, Footwear Gears adidas yeezy boost 750 hombre we take a closer look at what makes our dollar tick and whether it can continue its outperformance over that of much larger economies.

NEW ZEALAND INSIGHTS

NEW ZEALAND ECONOMY
FIRING ON MOST CYLINDERS
The New Zealand economy is firing on
many, though not all cylinders. The end
result is growth at a level that would be the
envy of many in the developed world. GDP
growth came in at 3.6% year-on-year (2.8%
annual average) in the year to June 2016.
That compares with 3.3% in Australia, 1.6%
in the Euro area, 1.1% in the United States
and 0.6% in Japan.

Read more: http://www.ampcapital.co.nz/ampcapitalnz/media/contents/articles/new%20zealand%20insights/2016/nz-insights_september_16.pdf?ext=.pdf

NZ shares and currency storming higher

The New Zealand dollar has hit its highest levels since May last year against the US dollar and the trade weighted basket of currencies which the Reserve Bank watches. Canotta Donne So far this year the currency is up about nine percent. adidas trainer uomo blu And it is a similar story with the local sharemarket, Canotte nba Bambino which has gained nearly 20 percent, fjallraven kanken backpacks driven by low interest rates which is driving investors to look for better returns.

NEW ZEALAND DAIRY UPDATE

Key thoughts on the dairy auction overnight and dairy processor updates: Fonterra surprised the market this morning, Fjallraven Kanken Big upgrading its 2016/17 milk price forecast from $4.75/kg MS to $5.25/kg MS. asics gel nimbus 14 hombre Other processors remain more cautious on the durability of the rally in international prices with current forecasts ranging from $4.60-$5.00/kg MS.