Councils must change attitude and culture to address housing

Press Release – Property Council Of New Zealand

District planning rules must consider the economic feasibility of development while addressing land for housing Read more »

Renewable electricity generation continues to rise

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment (MBIE) today published the September quarter 2014 edition of the New Zealand Energy Quarterly. Read more »

November arrivals continue a year of stellar growth

Press Release – Tourism New Zealand

International visitor arrivals continue to grow, continuing a 15 month trend, with total arrivals up 5.1 per cent to more than 2.8 million visitors for the year ending November 2014. Read more »

New reports show value of growing Māori agribusiness

Press Release – New Zealand Government

Primary Industries Minister Nathan Guy has released two reports today showing good progress in developing the potential of Mori agribusiness. These reports confirm the importance of partnering with Iwi, Mori asset owners, local communities and … Read more »

Christchurch spending continues to grow

Press Release – Statistics New Zealand

Christchurch’s growth in retail and hospitality spending continues to outpace that at the national level, Statistics New Zealand said today. For Christchurch city, after seasonal fluctuations are removed, retail and hospitality sales increased 1.2 … Read more »

Growing visitor numbers spur the sale of alpine luxury lodge

Press Release – Bayleys

The forecast growth in international tourism numbers through Canterbury and the recovery of regions corporate sector are credited as being the key drivers for channeling guests to a high-end alpine lodge which has been placed on the market for sale. Read more »

LGNZ welcomes increased local roads funding

Press Release – Local Government NZ

Local Government New Zealand (LGNZ) welcomes the Government Policy Statement on Land Transport (GPS 2015) released today, providing $38.7 billion in funding for local roads. Read more »

Govt spend on transport out of step with reality

Press Release – Green Party

The National Government is planning to allocate ever increasing amounts of taxpayer funding to build expensive new motorways despite record numbers of New Zealanders flocking to buses and trains, said the Green Party. Read more »

NZ dollar dips as GDP growth revised down, Fed eyes rates

Article – BusinessDesk

Dec. 18 (BusinessDesk) – The New Zealand dollar dipped after the country’s pace of economic growth was revised down, though continued to beat expectations, and as the Federal Reserve gets closer to making a call on whether to hike interest rates. Read more »

Govt confirms $38.7 billion investment in land transport

Press Release – New Zealand Government

Transport Minister Simon Bridges today confirmed the Government will invest $38.7 billion in New Zealands land transport system over the next ten years, with regional networks, public transport, cycleways and road maintenance to benefit. Read more »

Economy grows solidly in September year

Press Release – New Zealand Government

New Zealands economy remains one of the fastest growing in the developed world, confirming that the Governments economic programme is taking New Zealand in the right direction, Finance Minister Bill English says. Read more »

GDP up 1.0 percent

Press Release – Statistics New Zealand

Gross domestic product (GDP) was up 1.0 percent in the September 2014 quarter, Statistics New Zealand said today. The growth was driven by primary industries, which increased 5.8 percent Read more »

NZ economy grows 1% in 3Q on milk and mining production

Article – BusinessDesk

Dec. 18 (BusinessDesk) – New Zealand’s economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas activity stoked activity. Read more »

Public Submissions – Budget Policy Statement 2015

Press Release – Office of the Clerk

Public submissions have been called on the Budget Policy Statement 2015. The closing date for submissions is Monday, 2 February 2015. The Budget Policy Statement 2015 sets out the overarching policy goals that will guide the Government’s Budget decisions … Read more »

Auckland housing now very different from the rest of NZ

Press Release – Statistics New Zealand

Aucklands housing has changed markedly over the past two decades as the city reacts to its growing population, with more multi-storey homes, greater density, and fewer unoccupied homes all making it very different to the rest of the country, according … Read more »

China Inside Out: Five macro themes for 2015

Press Release – HSBC Bank

Both economic activity and inflation data have been weaker than we anticipated in recent months, suggesting rising disinflationary pressures. We lower our GDP growth forecast to 7.3% for 2015 (from 7.7%) and to 7.4% for 2016 (from 7.6%). Read more »

Current account deficit widens

Press Release – Statistics New Zealand

New Zealand’s seasonally adjusted current account balance was a deficit of $2.5 billion in the September 2014 quarter, Statistics New Zealand said today. This is $490 million larger than the June 2014 quarter deficit. Read more »

NZ Sept quarter current account deficit near six-year high

Article – BusinessDesk

Dec. 17 (BusinessDesk) – The impact of falling dairy export receipts was a primary contributor to the balance of payments deficit on current account pushing out to $2.5 billion in the three months to Sept. 30, the highest since the December 2008 … Read more »

Fixing GST Loophole Will Help Reduce Deficit – Retail NZ

Press Release – Retail NZ

Retail NZ is advising the Government that it will get closer to a fiscal surplus by closing a loophole that gives foreign retailers the ability to sell to New Zealanders without paying GST and duty. Read more »

Failure to diversify puts prosperity at risk

Press Release – New Zealand Labour Party

Failure to diversify puts prosperity at risk Beyond the news that a long-promised surplus is unlikely, further embarrassment is hidden in the fine print of the half year economic and fiscal update, Labour says. Read more »

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