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Who is buying Auckland houses?


Who is buying Auckland houses?


But First - A quick survey of employers.

If you are an employer what is the key piece of advice you'd give to an expat looking to get a job in NZ? Click here to let them know.

Survey - International Experience of NZ Employers

Thankfully with plenty of work involved in preparing and distributing Brain Gain NZ this Monday and getting ready for next Monday’s first Growing With China for the year, data releases in NZ have been thin on the ground.

This week’s lead article is here, discussing how in just over three weeks I’ll be able to tell you what proportion of house sales in NZ by region are to people offshore, delineated by main country – China, UK, Australia etc.

http://tonyalexander.co.nz/regular-publications/bnz-weekly-overview/weekly-overview-lead-article/good-housing-info-next-month/

This week’s comments on interest rates are here. We describe how the RB is going to have a big problem raising interest rates when the NZ dollar is already so high – and history shows it rises when NZ monetary policy is being tightened.

http://tonyalexander.co.nz/regular-publications/bnz-weekly-overview/interest-rates/the-rbs-problem-with-interest-rates/

With regard to the housing market, here are some reasons why the Reserve Bank is very unlikely to impose minimum deposit ratios on banks. Basically they would favour cashed up offshore buyers and shut first home buyers out of the market even more than they currently are.

http://tonyalexander.co.nz/regular-publications/bnz-weekly-overview/housing-market/rb-unlikely-to-impose-minimum-deposit-rules/

Next Monday I shall also release a paper entitled ‘Sources of Western Apprehension About China” listing 55 reasons why people in the West are wary of the planet’s new economic powerhouse and recovering civilisation.

Back issues of Growing With China are here and this is where the paper noted above will also be posted.

http://tonyalexander.co.nz/topics/china/

You can find Brain Gain NZ here. http://tonyalexander.co.nz/topics/brain-gain-nz/
ends

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Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

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NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

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Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

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NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

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