The price of mother nature's wrath

The price of mother nature's wrath
We were headed for an oversupply of housing in Auckland, but that's lessened. (Image: NZME)
Cameron Bagrie
Don't underestimate the impact of mother nature’s wrath on Auckland.  Climate change is now delivering a continuation of supply shocks and we need to learn to adjust to them.  A significant portion of New Zealand is vulnerable to adverse weather and flooding. The focus is on the human element of the emergency in Auckland, including, safety, housing, functionality of infrastructure (the “plumbing”, so to speak), and minimising disruption. That will pass.  Everyone is flying blind over the economic impact...

More Economy

Dear valuable foreign students: pay up then bugger off home
Economy Education

Dear valuable foreign students: pay up then bugger off home

Wary western governments are changing the rules on international fee-payers.

Bloomberg 25 May 2024
The RBNZ turns more hawkish, still worried
Economy

The RBNZ turns more hawkish, still worried

The OCR now peaks at 5.7% versus a prior peak of 5.6%.

Rebecca Howard 22 May 2024
RBNZ keeps rate on hold at 5.5% but turns more hawkish
Economy

RBNZ keeps rate on hold at 5.5% but turns more hawkish

The OCR peak is now 5.7% versus prior view of 5.6%. 

Rebecca Howard 22 May 2024
Global dairy prices end NZ season on a high note
Primary Sector

Global dairy prices end NZ season on a high note

Dairy prices rose 3.3% in the overnight GDT auction. 

Riley Kennedy 22 May 2024