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

 


BNZ-Nine Rewards Consumer Trends Survey - January 2014

BNZ-Nine Rewards Consumer Trends Survey - January 2014: Labour Market Improving

Although the net percent of our 549 respondents expressing optimism about the economy has jumped to 47.2% from 30% two months ago, perhaps the most significant result this month is in the labour market. Only a net 12.2% of respondents now say that they are finding it hard to source jobs or extra hours of work. This proportion was a net 23.8% in our previous survey undertaken at the end of November.

The results are supportive of a good outlook for retailers this year, but there may be a note of caution injected regarding how much the Reserve bank will need to raise interest rates to keep inflation suppressed this cycle. Whereas in late-November a net 54.5% of respondents said they expect house prices to rise in the coming year, that proportion has now risen to a net 68.5%.

NB: The net percentages are calculated as Up minus Down with the result divided by the sum of all responses of Up, Down, and Same or variations thereof. EG, for this month 328 or 60% of people said they have a positive outlook for the economy, 69 or 13% Worse, 152 or 28% Same. (328-69)/(328+69+152)*100 = 47.2%

The survey is made possible by Nine Rewards, an online market research panel of over 70,000 people in New Zealand. www.ninerewards.co.nz

A full pdf copy of the BNZ-Nine Rewards Consumer Trends Survey is available here.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Planes: Jetstar Launches Regional Network

Jetstar, the Qantas Airways budget offshoot, launched its new regional network in New Zealand with special $9 one-way fares and has narrowed down its choices to five routes and four destinations - Nelson, Napier, New Plymouth, and Palmerston North. More>>

ALSO:

Fisheries: Report On Underrsize Snapper Catch

The report found that commercial fishers caught 144 tonnes of undersized snapper in the Snapper 1 area – about 3% of the total commercial catch – in the year ending February 2015. The area stretches from the top of the North Island to the Bay of Plenty and is one of New Zealand’s most important fisheries. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news