Real terms its 1.14%.
Hopefully people are getting enough wage and salary increases.
Stocks have done very well.
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Real terms its 1.14%.
Hopefully people are getting enough wage and salary increases.
Stocks have done very well.
"petrol at local pump $2.47 "
yes but in the biggest city they arnt driving out of town and soon Bozo will be ringing up wellieton.
retail budget will have another 8 weeks to build up cash and then they will need summer kit. Buckets and spades, EV bikes , sun glasses, sunblock and swim gear (HLG).
With interest rates on the rise its the Balanced portfolios that will Win.
the cancelled dividend in March 2020 was during peak fear when economists everywhere (including NZ) were predicting absolute doom with double digit unemployment, a large housing market crash and prolonged economic recession. None of those factors are remotely in play anymore.
I do however agree with you that the wording from WHS is open to interpretation.
doubtful - they didn’t even add the two towns yesterday to the “soft” level 3 restrictions, just said they would “monitor the situation”. No one would have cared or been surprised if they had extended lockdown boundary to those two locations, which adds to the evidence that level 3 lockdowns are increasingly unlikely in future. I wouldn’t be surprised at some more level 3 additions in the short term though, but maybe be more of the level 3/step 1 or 2 variety like Auckland is going through.
Personally I’m ok with that - if the morons refusing to get vaccinated haven’t done so by end of October I have no sympathy for them if they end up dead (I think most kiwis feel the same way to be honest)
as soon as CV got into the criminal fraternity (gangs) all hope of elimination was lost as they just ignored lockdown restrictions to keep their core services going (drug distribution and prostitution). Zero surprise they were also the reason Covid escaped Auckland boundary.
right because the massive slowdown in money spent on holiday & hospitality spending is going to just be piling up in everyone’s savings accounts because people are going to reverse a century of consumerism habits with all that extra cash available and aren’t going to be buying huge amounts of things for themselves, their houses and their kids (you know, all the things they have been doing already over the last 18 months).
FYI - S&P 500 is just a few percent off it’s all time high, I think it’s a bit premature to be saying it’s “pretty obvious that the bull run in global equities is coming to an end”.
Open to interpretation - to the extent of how much more 'The Group’s cash deposits have reduced significantly since balance date' and as a consequence whether they can handle a $61m cash outflow for the dividend ....or how much desire to use the funding facilities available.
Wonder how the planned $135m capital send is progressing
[Red Shed at Lyall Bay had a few in it this morning including a few noisy kids ....Noel Leeming hadn't seen any customers before me so the staff were tidying up the shelfs
Maybe most punters out getting the vax
Currently doing my research over last couple of weeks before getting a new TV (getting to know all the model/technology differences and pricing etc), before pulling the trigger probably during the black Friday sales. Have noticed Noel Leeming seem to almost have a Briscoes style pricing system at present (at least on the TVs) - high “standard” pricing, but deep discounts for sale days/weeks. They just finished up a big sale a few days ago, 2 stores I went too during last weekend were absolutely packed (Lower Hutt & Tory st), but when I visited a week ago and again yesterday (granted those were traditionally slow for retail Wednesdays) the stores were almost empty.