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

 

Balance of Payments and International Investment Position

Balance of Payments and International Investment Position: Year ended 31 March 2017

27 September 2017 - This information release brings together previously released quarterly statistics for the balance of payments and international investment position into year-ended March 2017 totals.

Key facts

At 31 March 2017:

• Of New Zealand’s $234.2 billion total investment abroad, 59.3 percent was in Australia, the United States of America, and the United Kingdom.

• Of the $387.1 billion foreign investment in New Zealand, 58.5 percent was from Australia, the United Kingdom, and the United States of America.

• Japan was New Zealand's fourth-largest inward ($10.7 billion) investment partner. It was also our fourth-largest outward ($11.4 billion) investment partner.

• New Zealand’s foreign-currency-denominated external debt was $120.5 billion (95.4 percent of which was hedged).

Key information in this release includes:

• stocks and flows of international investment, which are disaggregated by selected countries

• international assets and liabilities, direct investment, and investment income, which are disaggregated by industry

• hedging of New Zealand's foreign-currency-denominated overseas debt.


The 2017 hedging survey covered a sample population of 77 enterprises, or 85.0 percent of New Zealand’s overseas liabilities denominated in foreign currencies.


ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 




Barfoot & Thompson: Auckland Rental Prices Inch Up Again, But Upward Trend Could Ease In Coming Months

Data from nearly 16,000 rental properties managed by real estate agency Barfoot & Thompson shows Auckland’s average weekly rent rose by $6.12 (or 1 percent) during the second quarter... More>>

ComCom: Draft Report Says Regulatory System Favours Established Building Products
The Commerce Commission’s draft report into competition in the residential building supplies industry has identified two main factors negatively impacting competition... More>>

Statistics: Annual Wage Inflation Rises To 3.4 Percent
Wage inflation, measured by the labour cost index (LCI), was 3.4 percent in the year ended June 2022, while average ordinary time hourly earnings rose 6.4 percent, Stats NZ said today... More>>

ALSO:



Heartland: Retirees Facing Pressure From Higher Cost Of Living And Increasing Debt In Retirement

Heartland has seen a significant increase in Reverse Mortgages being used to repay debt. Among the most affected by the increasing living costs are retirees, many of whom are trying to get by on NZ Super alone... More>>


APEC: Region’s Growth To Slow Amid Uncertainties And Crises
Economic growth in the APEC region is expected to slow this year amid soaring inflation, a protracted war in Ukraine and heightened uncertainties, on top of the continuing impact of the pandemic and virus mutations that are draining resources, according to a new report by the APEC Policy Support Unit... More>>


Financial Markets Authority: Survey Sheds Light On New Zealanders’ Experiences With Financial Sector
Most New Zealanders are confident in their ability to make financial decisions, but only one-fifth say they are in a secure financial position... More>>