NZ wool sale volumes rise at double auction

Article – BusinessDesk

Aug. 11 (BusinessDesk) – A higher volume of wool was sold at auction in New Zealand this week after organisers skipped a week and held a double auction across both islands. Read more »

NZ house prices edge up in July; REINZ calls for looser LVR

Article – BusinessDesk

NZ house prices edge up in July; REINZ calls for looser LVR rules on sales slump Read more »

New Zealand’s Start-up Ecosystem Grows up

Press Release – MYOB

A special report by MYOB highlights that Aotearoa is one of the best places in the world to start a business, but more can be done to support a thriving start-up ecosystem Read more »

Lining Up Labour’s Water Policy

Press Release – Federated Farmers

Federated Farmers wants Labour to honour the commitment it made to only look at charging overseas-owned water bottlers and to permanently park its discriminatory tax on water that will divide communities and undermine regional economies. Read more »

Auckland and Wellington Accommodation Get Lions’ Share

Press Release – Statistics New Zealand

11 August 2017 – The Lions rugby tour drove strong increases in international guest nights in June 2017, Stats NZ said today. Read more »

NZ Manufacturing Sector Expansion Levels Evenly Spread

Press Release – Business NZ

Evenly spread New Zealand’s manufacturing sector saw expansion levels evenly spread across the five main indices during July, according to the BNZ – BusinessNZ Performance of Manufacturing Index (PMI). Read more »

NZ in ‘productivity recession’, stocks overpriced

Article – BusinessDesk

Aug. 10 (BusinessDesk) – New Zealand’s economy is in a “productivity recession” and relies on migrant-fuelled population growth to expand while stocks are overvalued and investors should cut their holdings by about a quarter, says JBWere. Read more »

Raising productivity key to lifting NZ living standards

Article – BusinessDesk

Aug. 10 (BusinessDesk) – Reserve Bank governor Graeme Wheeler wants a greater debate on how to boost New Zealand’s soggy productivity levels as a means of boosting the nation’s living standards. Read more »

Day 2 from EDS Conference Tipping Points

Press Release – Environmental Defence Society

Day 2 from EDS Conference Tipping Points Nature would have legal status under a government with the Greens at its heart, day two of the Environmental Defence Societys Tipping Points conference heard. Read more »

NZ retail spending dips in July; less spent on petrol

Article – BusinessDesk

Aug. 10 (BusinessDesk) – New Zealand retail spending on electronic cards dipped in July, with lower fuel and hospitality spending. Read more »

Economic Circumstances Can Change – Suddenly

Press Release – New Zealand First Party

The National Government would do well to bear in mind that circumstances can change suddenly. Read more »

Fuel Spending Drops in July

Press Release – Statistics New Zealand

10 August 2017 – Drivers are spending less on fuel as prices fall, Stats NZ said today. Card spending on fuel was down 4.9 percent in July 2017 compared with the same month last year. Read more »

Wrightson’s first water services loss in five years

Article – BusinessDesk

Aug. 9 (BusinessDesk) – PGG Wrightson recorded the first loss from its water services business in five years after taking a write-down of about $1 million on its irrigation products, says Kar Yue Yeo, an analyst at First NZ Capital. Read more »

NZ Dollar Drops on Prospect of Flatter Rate Track

Press Release – BusinessDesk

Aug. 9 (BusinessDesk) – The New Zealand dollar extended its decline on growing anticipation the Reserve Bank will take a more dovish tone and may adopt an even flatter interest rate track in tomorrow’s monetary policy statement. Read more »

IANZ Plays Crucial Role in the Kiwi Economy, Says NZIER

Press Release – New Zealand Institute of Economic Research

9 August 2017 – An independent investigation by the New Zealand Institute of Economic Research has clearly demonstrated the crucial role accreditation plays in supporting the New Zealand economy. Read more »

NZBC Calls for Balance in Debate over Water Use

Press Release – NZ Beverage Council

Tuesday 8 August – NZBC calls for balance in the debate over water use The New Zealand Beverage Council (NZBC) is calling for balance in the discussion about water bottling and fresh water use generally. Read more »

NZ rating steady but robust economic growth could cool

Article – BusinessDesk

Aug. 8 (BusinessDesk) – New Zealand’s economic growth to remain strong but did point to several factors that could cool it in the medium term, although it doesn’t expect to change its sovereign rating in the immediate future, says ratings agency Standard … Read more »

Asian chief executive confidence dips, rises in Australasia

Press Release – YPO

YPO Global Pulse Survey: Asian chief executive confidence dips in second quarter, rises in Australasia Business leaders in major Asian economies report a more subdued outlook, but their peers in Australasia are the most confident in the world. Read more »

BEPS measure takes another step forward

Press Release – New Zealand Government

Revenue Minister Judith Collins welcomed the tabling in Parliament today of the OECD-led multilateral instrument. Read more »

ASB Quarterly Economic Forecasts: Big wheels keep on turning

Press Release – ASB Bank

Big wheels keep on turning Economic fundamentals are the big wheels keeping the global economy turning Domestic growth has much to do with people, with exports also faring well Housing market has cooled off, with a soft landing underway … Read more »

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