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Non-resident construction sector at "precipice"

Non-resident construction sector at "precipice"
Wellington, Aug 31 NZPA - The non-residential construction sector is at "the precipice of a collapse", the New Zealand Institute of Economic Research (NZIER) warns.

Significant Risks Still Facing Economy, NZIER Says

Significant Risks Still Facing Economy, NZIER Says
Wellington, Dec 1 NZPA - The economy still faces significant risks despite being out of recession, the New Zealand Institute of Economic Research (NZIER) says.

There Is No Housing Shortage Currently, Says NZIER

There Is No Housing Shortage Currently, Says NZIER
Wellington, Oct 12 NZPA - There is no housing shortage , even though house prices have been rising, the New Zealand Institute of Economic Research says. But there is potential for a shortage in coming years if home building does not lift beyond current forecasts.

NZers Enjoying Cheap Night At Home, Retail Figures Show

NZers Enjoying Cheap Night At Home, Retail Figures Show
Wellington, April 14 NZPA - New Zealanders are seen to be "collectively enjoying a cheap night at home", based on new retail sales figures.

Buyers Return To Auckland House Market With A "Vengeance"

Buyers Return To Auckland House Market With A "Vengeance"
Wellington, April 3 NZPA - Barfoot & Thompson reported Auckland house sales at a 20-month high in March, with the agency saying home buyers returned to the market with a "vengeance".

Analysts Say Housing Demand Remains Weak, Despite Reinz Optimism

Analysts Say Housing Demand Remains Weak, Despite Reinz Optimism
Wellington, March 11 NZPA - Economists say the levels of house sales remain weak, despite an optimistic interpretation placed by real estate agents on figures they released today.

Fonterra's Friday Payout Announcement Has Farmers Fearing Worst

Fonterra's Friday Payout Announcement Has Farmers Fearing Worst
Wellington, Nov 18 NZPA - Fonterra farmers are bracing themselves for sour news when their cooperative makes a payout announcement at noon on Friday -- outside its normal cycle of board meetings.

Modest Tax Cuts Will Still Delay Rate Cuts - Economists

Wellington, May 23 NZPA - Finance Minister Michael Cullen's ninth budget may have put a rocket under the New Zealand dollar with its $10.6 billion of tax cuts to stimulate the economy, but economists have not yet started picking interest rate rises.

Budget Will Delay And Diminish Interest Rate Cuts Say Economists

By Simon Louisson of NZPA Wellington, May 22 NZPA - Finance Minister Michael Cullen's ninth budget was "extremely stimulatory" and will delay interest rate cuts and their magnitude, economists said today.

NZ Dollar Looking Shaky After RB Report

By Simon Louisson of NZPA Wellington, May 7 NZPA - The New Zealand dollar was perched somewhat shakily below US79c at the close of local trading today after a Reserve Bank report was published stressing risks to the economy and currency.

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