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Tag: economy

Inaugural SailGP Event Makes Waves For City’s Economy

Inaugural SailGP Event Makes Waves For City’s Economy

Posted on July 7, 2023 by Christchurch NZ

[ad_1] “Diverse and dynamic sports like SailGP give us a real insight into the types of events our community is hungry for and what encourages visitors to come stay and play,” says ChristchurchNZ’s Destination & Attraction General Manager Loren Heaphy. “With over half the attendees from out of town, and the incredible survey results from…

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NZ is touting a green hydrogen economy, but it will face big environmental & cultural hurdles

NZ is touting a green hydrogen economy, but it will face big environmental & cultural hurdles

Posted on August 2, 2022 by University of Canterbury

[ad_1] NZ is touting a green hydrogen economy, but it will face big environmental & cultural hurdles UC academics Andy Nicol and David Dempsey join Ludmila Adam and Kēpa Morgan to dig deeper into New Zealand’s green hydrogen future, raising cultural and technical issues to be addressed, in an article on The Conversation. But to…

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Plan to transform food processing waste would boost NZ economy and environment

Plan to transform food processing waste would boost NZ economy and environment

Posted on May 5, 2022 by University of Canterbury

[ad_1] Plan to transform food processing waste would boost NZ economy and environment Micro-organisms found in bacteria and fungi could help change food waste into high-value products that would boost New Zealand’s economy by $1.6 billion a year and reduce greenhouse gas emissions. University of Canterbury Environmental Science Professor Brett Robinson is working on a…

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No summer 'sausage guilt' with Frank's Sausages including their NEW Delidogs

Shedding light on the New Zealand Pacific economy – Ministry for Pacific Peoples

Posted on March 30, 2022March 30, 2022 by Info

[ad_1] Research on the contribution of Pacific Peoples to the New Zealand economy is largely untouched, and this is something the Ministry for Pacific Peoples (MPP) is striving to address with the Pacific Economic Research Project. Facilitated by the Ministry’s Director of Research and Evaluation Dr Ana Koloto, the Pacific Economic Research Project aims to…

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The Inside Word - Crusaders team named to play the Hurricanes in Christchurch

Local economy performed well pre-COVID – MBIE

Posted on March 30, 2022March 30, 2022 by Info

[ad_1] Local economies have been growing nationwide in the five years to March 2020, with especially high growth being recorded in Queenstown Lakes, Western Bay of Plenty and Tauranga according to official figures just released. The figures also show that of New Zealand’s 66 territorial authorities, only one recorded negative growth in nominal GDP from…

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New campaign says 'give no voice to racism' - Human Rights Commission

TPG providing property advice to help rebuild NZ’s economy

Posted on August 10, 2020 by Info

[ad_1] In an effort to rebuild New Zealand’s economy following COVID-19, the Government has introduced a new law (the Bill) to Parliament, which mentions specific infrastructure projects of different sizes and in different locations around New Zealand. These projects are focused on creating new employment opportunities and boosting local economies. TPG is nationally renowned for…

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How space flights could reinvigorate the Christchurch economy

How space flights could reinvigorate the Christchurch economy

Posted on August 5, 2020 by University of Canterbury

[ad_1] How space flights could reinvigorate the Christchurch economy James Powell, UC graduate and general manager of Dawn Aerospace, tells Stuff that Christchurch is an ideal place to base their innovative operations, and how space flights could help the city rebuild itself by reinvigorating the Christchurch economy. Dawn Aerospace chief technical officer Stefan Powell with…

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RBNZ Holds OCR at 3%

Posted on January 27, 2011 by swiggs

Householders such as myself with mortgages partly floating will be happy at the news today that the OCR is unlikely to be jumping up a huge amount over the next two years. This means that we are likely to see maybe .5 – 1% increase this year and maybe the same next year as the…

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New Zealand Real Estate Sales Volume at Record Lows.

Posted on November 11, 2010 by swiggs

Real Estate in NZ is very very slow still with both record low sales and the medium price dropping by 1% in the last quarter. The big issues have been the Canterbury Earthquake and the general slow up of the economies recovery. The Real Estate Institute of New Zealand (REINZ) has reported 3903 properties were…

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Reserve Bank of New Zealand Hold OCR a 3.0%

Posted on October 28, 2010 by swiggs

The Official Cash Rate has this morning been left on hold by the Reserve Bank at 3 per cent. Such a hold was widely expected, with market economists all but unanimous that Reserve Bank Governor Bollard will not raise the official cash rate again until March next year. The average expectation among 11 forecasters polled…

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The 2011 Rugby World Cup Economic Benefit to NZ

Posted on August 17, 2010 by swiggs

This event is going to be huge. The 2011 Rugby World Cup will be a highlight for New Zealand and it going to come at the right time. The spot light is on New Zealand here. We are a Tourist Nation so lets shine. But before we go to that look at the estimated economic…

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Increasing Your Value

Posted on June 25, 2010 by swiggs

Your goal is to organize your life in such a way that you enjoy a good income, a high standard of living, and that you are the master of your economic destiny rather than a victim of changing economic times. Contribution is the Key Your job is an opportunity to contribute a value to your…

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The Benefits And Social Responsibility Of You And Your Business Going Green

Posted on June 11, 2010 by swiggs

There are a few things that are trending in todays age and one of them is the GREEN revolution. This is something that cannot be ignored and I think that no matter who you are you need to take on that its happening and work your way with it, instead of fighting it. In Christchurch…

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Financial Planning For A Safer Future

Posted on December 16, 2009 by swiggs

The fact of todays market means we all need to all be careful with all our money. A few years back when I had too much time on my hands I got hold of a good friend of mine and started to produce some material to help people save money and outline steps for buying…

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Unemployment In New Zealand Soars To 6% – A 9 Year High

Posted on August 6, 2009 by swiggs

The unemployment rate has surged to a nine-year high, rising to 6 per cent in the three months to June from 5 per cent the previous quarter, with women bearing the brunt of risingjoblessness. The Household Labour Force Survey, published today by Statistics New Zealand (SNZ), also showed seasonally adjusted employment falling 0.4 per cent to 2.17…

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So You Got Another Job Rejection

Posted on July 1, 2009 by swiggs

Does This Sound Familiar To You…. 1. Thank you for sending your resume applying for the advertised position of Sales Representative. We are writing to advise you that unfortunately your application has been unsuccessful in this instance. While at this time we are not able to assist you in your job search, we would like…

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Unemployment And The Real Estate Industry

Posted on June 23, 2009 by swiggs

There have been many reports recently stating that “experts” are seeing a turnaround in several segments of both the commercial and residential real estate markets here in New Zealand. But I find it hard to see this and put credibility on these reports. I justify this by saying there is no other crux that is…

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June 2009 – OCR remains bottomed out at 2.5% – Is This The Turning Point?

Posted on June 13, 2009 by swiggs

The New Zealand economy has been on a downward spiral along with global economies since 2007. Butmany believe that we in New Zealand have reached a turning point. In terms of New Zealands Official Cash Rate I believe we have hit the bottom of the line. It started in June last year when the Official Cash…

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Do You Actually Believe We Have Hit The Bottom Of The Market?

Posted on June 5, 2009 by swiggs

Well if you do I believe your being naive. There has been in the months of late a definite pick up in the market especially in the terms of sales volume which one could almost think that a bounce back is happening. There has been great activity, a lot of sales and new buyers emerging…

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Reserve Bank Of New Zealand Lowers OCR To 2.5% April 30 2009

Posted on April 30, 2009 by swiggs

New Zealands Official Cash Rate has been cut again to 2.5% which is a further sign that the Reserve Bank is trying to stimulate the economy. Dr Alan Bollard this morning said to the people that he sees the Official Cash Rate being low for around the next 18 months as the economy is finding…

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Renting vs Buying – A Personal Perspective

Posted on April 19, 2009 by swiggs

Many people wonder whether renting or buying a home is better decision. Most of the time, history has shown it is a smarter financial move to purchase a home than to rent.  The final decision is unique to each situation of course. Here are a few points to note about both renting and buying.  Buying…

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Westpac The First New Zealand Bank To Give New Zealanders A Mortgage Holiday

Posted on April 11, 2009 by swiggs

Finally there seems to be a little relief for those who are becoming financially stressed by this global economic downturn. Westpac is the first bank in New Zealand to follow Australia’s lead and offer 12-month mortgage holidays.The decision is part of the bank’s new set of measures to help financially stressed customers. Australia’s biggest banks…

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New Zealand Economic Overview March 2009

Posted on April 2, 2009 by swiggs

Summery of New Zealands economy for the quarter March 2009 The NZ economy is yet to find a base. Business confidence surveys are either at, or near, historical lows. Employment intentions are tumbling and investment plans are being shelved. Corporate tax revenue – a key timely indicator of economic activity – has capitulated. Consumer sentiment…

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April 1st Tax Cuts Loom – How Much Extra Will This Mean For You?

Posted on March 28, 2009 by swiggs

The short answer is that for people on the average wage of $48,500 a year will get an extra $15.66 a week and those on $100,000 will benefit by $18.46 according ti Bill English and his Tax Cut plan. From Wednesday when the  tax cuts roll out people will have a little extra money in…

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New Zealand OCR Dropped to 3.0% 12 March 2009 – Will This Help?

Posted on March 12, 2009 by swiggs

Again the Reserve Bank of New Zealand is dropping our Official Cash rate amid the world and New Zealand Economy falling as credit becomes tight and people stop spending money like they have in the past few years. The new OCR rate of 3% is a 50 bias point drop on what it was at…

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OCR Cut 29th January 2009 to 3.5%

Posted on January 29, 2009 by swiggs

This cut in the Official Cash Rate has been very much anticipated by most. We all should be aware of the huge hurt the global economy is in and the huge effect this is having on almost every single market we know. This rate drop is hoped to bring back some business confidence which is…

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Selling your house in 2009

Posted on January 5, 2009 by swiggs

Marketing, price, presentation Christmas and New Year is over. We are pretty much now beginning the 2009 year off back into work. I was back at work today to a bombardment of paperwork to be completed. The joys of life. As I said in my previous posts I said 2009 will be a year for…

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New Zealands Household Debt Falls For First Time in 17 Years

Posted on January 1, 2009 by swiggs

Lets start 2009 with a little less bad news from the economys point of view. We are now starting to see some of the effects on the credit crunch and how it is affecting the spending habbits of New Zealanders. In November New Zealand household borrowing fell for the first time in 17 years. This…

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What's in store for 2009?

Posted on December 26, 2008 by swiggs

What’s in store for 2009. Seems like everyone is giving their predictions for 2009. It also seems everyone has a different opinion. If you go down the street and ask someone what’s in store for 2009 every single person will give you a different response. Some people are positive, some people are negative. Some have…

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Crude Oil Drops To Record Lows as World Economy Crashes

Posted on December 25, 2008 by swiggs

In September I wrote a blog post here about the price of crude oil and how it was falling and yet the price of fuel at the pump was not dropping. Since then I have recieved over 200 emails from readers who have all voiced their opinion in this matter and I think they all…

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