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Auckland property prices tumble

Press Release – Trademe

Auckland property prices continued to tumble in July after the average asking price fell 2.2 per cent on last year to $875,450, the lowest average asking price since September 2016, according to the latest Trade Me Property Price Index. Read more »

NZ Steel earnings fall on weaker prices, higher costs

Article – BusinessDesk

Aug. 19 (BusinessDesk) – BlueScope Steels New Zealand business reported a 28 percent drop full-year operating earnings due to higher input costs and a drop in prices for export steel and vanadium. Read more »

Service sector activity picks up in July

Article – BusinessDesk

Activity in the services sector improved in July to the highest level since January and inched above the long-term average. Read more »

Dairy product prices for manufacturers up 8.7 percent

Press Release – Statistics New Zealand

Prices received by manufacturers of butter, cheese, and milk powder rose 8.7 percent in the June 2019 quarter compared with the March 2019 quarter, after falls in the previous two quarters, Stats NZ said today. Read more »

NZ manufacturing activity shrinks for first time in 7 years

Article – BusinessDesk

Aug. 16 (BusinessDesk) – New Zealand manufacturing activity contracted for the first time in seven years as new orders dried up and job numbers tumbled. Read more »

Cruise ship spending is going full steam ahead

Press Release – Statistics New Zealand

Cruise ship spending is going full steam ahead, swelling 28 percent to $570 million in the year ended June 2019, Stats NZ said today. Read more »

New Zealand’s population grows 1.6 percent in June year

Press Release – Statistics New Zealand

The estimated population of New Zealand reached 4.92 million at 30 June 2019, Stats NZ said today. Read more »

Why Gold Prices Are About To Skyrocket Even Higher

Article – Oilprice.com

The gold bears have finally caved under the deafening barrage of fiscal and geopolitical catalysts, from Fed hints to intensely brewing conflict with Iran. But there is one key trend that stands to push gold up beyond $1,700–regardless of the day’s news. Read more »

International guest nights plumb 3-year low

Article – BusinessDesk

Aug. 14 (BusinessDesk) – New Zealand’s accommodation operators reported the fewest monthly international guest nights for three years in June as the tourism boom tapers off. Read more »

Census undercount of Pacific families a serious concern

Press Release – Joint Media Statement

Pacific experts warn of the dangers of utilising census data that inadequately represents Pacific communities. Read more »

Record 40.4 million guest nights

Press Release – Statistics New Zealand

Guests spent over 40 million nights, a new high, in hotels, motels, backpackers, and holiday parks in the year ended June 2019, Stats NZ said today. Read more »

Iwi forging closer relationship with Stats NZ

Press Release – Data Iwi Leaders Group

Iwi forging closer relationship with Stats NZ over Mori data solutions The Data Iwi Leaders Group supports the findings of an independent review into the 2018 New Zealand Census but says its failings provide a unique opportunity to co-design … Read more »

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