Tony Alexander July 4 Weekly Overview

Tony Alexander Weekly Overview

NZ economy growing and housing rising with listings shortage worsening

Welcome to the July 4 Weekly Overview.

A full pdf copy of the Weekly Overview is loaded here.

The weekly Youtube commentary has returned and is located here. 6.44 minutes

New subscribers can be added to the emailing list here.

Lead Article – NZ Economy growing

Economic data suggest growth in the NZ economy is accelerating – but for first home buyers almost everything is against improving home ownership.   339 words

The Week’s Data

Debt growth is lifting in the household sector but not for businesses. Vehicle registrations are generally rising.  311 words

Interest Rates

Rates have been steady this week but the trend is upward with hefty, and volatile, influence from US tapering expectation changes.   141 words

NZ Housing Market

The listings shortage gets worse and worse.  1,118 words.

Offshore

All eyes again are on monthly US employment data this Friday night and the result has strong capacity to cause exchange rate and interest rate changes. Across the ditch data have weakened anew and Chinese data releases have also led to renewed worries about the strength of economic growth this year.   864 words.

Exchange Rates

The NZD has jumped to almost 86 Aussie cents while changing little on the crosses. This move largely reflects a fall in the AUD as expectations grow of yet another easing of monetary policy.  177 words

Some things are best kept private - introduction to BNZ Private Bank

If you would like to speak with one of our Private Bankers to review your personal situation, feel free to contact us for a discreet obligation free discussion on 0800 477 077 or email us at privatebank@bnz.co.nz.  To find out more about BNZ Private Bank, please visit www.bnzprivatebank.co.nz

Tony Alexander produces six regular publications.

The monthly Growing With China issues are here.

The monthly Brain Gain NZ can be located here.

The Weekly Overviews are loaded here.

The monthly BNZ-REINZ Residential Market Surveys are posted here.

The monthly BNZ Confidence Surveys are available here.

The monthly BNZ-Nine Rewards Consumer Trends Survey is here.

Other recent publications include the following.

The Cyprus Haircut

Sources of Western Apprehension About China

Expat Experiences of NZ Hiring

Advice from NZ employers to expats and migrants

19 Reasons Why Auckland House Prices Will Keep Rising. Page 5 of

Massey University Symposium Handout on Housing Affordability

Kiwi Business Locus of Control at a Distance

All the best

Tony Alexander

Chief Economist

www.tonyalexander.co.nz

LinkedIn Profile

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