Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


BNZ Weekly Overview December 6 2012

WODecember_6.pdf

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.

http://survey.usuite.com/survey/7f801dd05f3742619b046cc119c15106.sur

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. http://tonyalexander.co.nz/wp-content/uploads/2012/11/Expathiring.pdf

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.
tony.alexander@bnz.co.nz

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.

WODecember_6.pdf

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news