Business Scoop


UPDATE: Dwelling consents rise 5.3% in November year

Article – BusinessDesk

Jan. 11 (BusinessDesk) – New Zealand councils consented almost 32,800 new dwellings in the year through November, 5.3 percent more than a year earlier, according to Stats NZ. Read more »

No Australia housing crisis; NZ prices stable/lower: Nikko

Article – BusinessDesk

Jan. 11 (BusinessDesk) – House prices in Australia, particularly in Sydney and Melbourne, are falling sharply and may have further to fall but this is by no means a crisis, according to Chris Rands, a portfolio manager with Nikko Asset Management in Sydney. Read more »

Signs point to a record summer on the Coromandel

Press Release – Thames Coromandel District Council

Ice, bottled water, sun umbrellas and bananas have been some of the items in hottest demand across the Coromandel in what is shaping up to be a record summer season for the district. Read more »

Almost 33,000 homes consented in November year

Press Release – Statistics New Zealand

Almost 33,000 new homes were consented in the year ended November 2018, up 5.3 percent from the November 2017 year, Stats NZ said today. Read more »

Malls, convention centres drive commercial building consents

Press Release – Statistics New Zealand

Building consents for big commercial buildings, including shopping malls and convention centres, increased strongly in the year ended November 2018, Stats NZ said today. Read more »

NZ dollar firms as trade talks, FOMC support global outlook

Article – BusinessDesk

Jan. 10 (BusinessDesk) – The New Zealand dollar rose as minutes from the Federal Reserves last rate-setting meeting and the conclusion of US-China trade talks left investors more confident about the global growth outlook. Read more »

World Bank sees “Darkening Skies” in 2019

Article – BusinessDesk

Jan. 9 (BusinessDesk) – The World Bank is predicting global growth will slow this year due to headwinds that include tightening financing conditions, moderating industrial production and intensifying trade tensions. Read more »

NZ dollar weakens as USD boosted by China progress

Article – BusinessDesk

Jan. 9 (BusinessDesk) – The New Zealand dollar weakened against the US dollar amid signs of progress at US-China trade talks in Beijing. Read more »

Dwelling and household estimates: December 2018 quarter

Press Release – Statistics New Zealand

Dwelling and household estimates provide estimates of all private dwellings in New Zealand at a given date, and estimates of all households usually living in New Zealand at a given date. Read more »

2018 New Vehicle Registrations – Another Record Year

Press Release – Motor Industry Association

David Crawford, Chief Executive Officer of the Motor Industry Association says, The December 2018 figures are in and despite a softening market with ups and down during the year, 2018 is the fifth year in a row of record new vehicle registrations. While … Read more »

Kiwis to feel impact of higher living costs in 2019

Press Release – New Zealand National Party

New Zealanders face another year of higher living costs in 2019 as the impact of bad Government decisions ranging from increased taxes, wasteful spending and poorly thought through regulation start to bite, Nationals Finance spokesperson Amy Adams … Read more »

New vehicle demand expected to soften after record 2018

Article – BusinessDesk

Jan. 8 (BusinessDesk) – New Zealand new vehicle registrations hit a record in 2018 for the fifth year in a row but the market is now expected to soften, the Motor Industry Association said. Read more »

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