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BNZ Weekly Overview December 6 2012


Welcome to the December 6 edition of the BNZ Weekly Overview

This is the first Thursday of the month so we are running our last monthly Confidence Survey for 2012. If you have a moment please click on the link here and let us know if you feel that the NZ economy will be in better or worse shape in a year’s time.

This week we take a look at one of the special factors which contributes to less than optimal growth in New Zealand’s economy – the unwillingness on the part of many employers to hire skilled and highly motivated expats. This past month has seen an intriguing LinkedIn discussion of the disappointment many expats have felt at employer attitudes back in NZ. I discuss the issue in this week’s Overview and have prepared a paper available here.

As a matter of interest. If you are an employer and you think that an expat may deliver what you want in a new hire, how do you go about finding the appropriate person? Email me if you can as there are a number of us setting up a special group which would focus on the specific provision of expat expertise to NZ businesses, (a Brain Gain approach) and as any businessperson and banker knows there is no point starting up a business if you don’t have some feel for how big the market may be and how it functions.

This week we also revisit the issue of rising house prices and low bank term deposit rates combining to produce a yield search by aging investors unable to recover should their geared and higher risk investments fail or they simply get ripped off by unscrupulous people.


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