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Christchurch Airport grows, against national trend

Press Release – Christchurch Airport

Christchurch Airport has notched up another month of strong growth in international arrivals in May, taking its annual visitor arrival growth between July and May to 8.5 per cent, compared to the national total of -5.8 per cent for the same time period. … Read more »

XE Morning Update

Press Release – XE.com

The NZDUSD opens at 0.6738 (mid-rate) this morning. Decreasing expectations of an interest rate cut by the RBNZ on August 7th has seen the NZD outperform overnight amid a pullback in risk appetite. The NZD is the strongest performing of G10 currencies … Read more »

Less than half of rentals likely meeting health standards

Press Release – Tether

Less than half of New Zealand residential rentals are likely compliant with Healthy Homes Standards which came into effect on 1 July, a company involved in the healthy homes sector believes. Brandon Van Blerk, the CEO of healthy homes, work and learning … Read more »

Trade Me is 3.5x more productive than the national economy

Press Release – Trademe

Trade Me is three and a half times more productive than New Zealands national economy according to analysis by economist Shamubeel Eaqub. Read more »

Winter Temperatures Cool the Market

Press Release – REINZ

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 58 less lifestyle property sales (-3.0%) for the three months ended June 2019 than for the three months ended May 2019. Overall, there were 1,876 lifestyle property … Read more »

Softer Winter – Harder Market

Press Release – REINZ

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 105 less farm sales (-24.6%) for the three months ended June 2019 than for the three months ended June 2018. Overall, there were 322 farm sales in the three months … Read more »

RSE scheme boosting employment in the regions

Press Release – Ministry of Business Innovation and Employment

The latest survey of employers in the Recognised Seasonal Employers (RSE) scheme has found that almost half (45 per cent) have expanded their business as a result of employing workers from the Pacific. Read more »

Chorus sees growth in high value gigabit fibre plans

Article – BusinessDesk

July 17 (BusinessDesk) – Chorus reported a faster increase in more valuable gigabit fibre plans in the June quarter, which it says is driving revenue growth. Read more »

UPDATE: NZ 2Q inflation climbs in line with expectations

Article – BusinessDesk

July 16 (BusinessDesk) – New Zealands consumers price index rose in the June quarter on higher prices for petrol, rent and ready-to-eat foods, but is unlikely to stave off pending interest rate cuts as the data was directly in line with expectations. Read more »

NZ 2Q CPI +0.6% on quarter, +1.7% on year

Article – BusinessDesk

July 16 (BusinessDesk) – New Zealands consumers price index rose in the June quarter on higher prices for petrol, rent and ready-to-eat foods, but is unlikely to stave off pending interest rate cuts as the data was directly in line with expectations. Read more »

Fuel and rent drive inflation

Press Release – Statistics New Zealand

The consumers price index (CPI) rose 0.6 percent in the June 2019 quarter, due to higher prices for petrol and rent, Stats NZ said today. Read more »

Auckland Council monthly housing update for July

Press Release – Auckland Council

Almost 90 per cent of Aucklands new dwellings consented in May were in urban areas, and 62 per cent were denser housing types such as apartments and townhouses. Penny Pirrit, Director Urban Growth and Housing at Auckland Council says the figures … Read more »

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