Yes I am sure I am quoting the article correctly. Here it is http://www.stuff.co.nz/dominion-post...e-bombay-hills
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Yes I am sure I am quoting the article correctly. Here it is http://www.stuff.co.nz/dominion-post...e-bombay-hills
thanks, yes I read the article. Wow that must be a very profitable poultry business to pay workers twice the industry rate. I have sat on a board of directors for a health insurance company and set remuneration policies. although we paid staff above industry standards we could not have contemplated , or afforded twice the going rate.
Goodness gracious me - the economy seems to be rollicking along
NZ services sector hits most buoyant level in 11 months in June
.
Monday 20th July 2015
New Zealand's services sector, which accounts for about two thirds of the economy, was at its most buoyant level in 11 months in June.
The BNZ BusinessNZ performance of services index rose 0.1 point to a seasonally adjusted 58.2 last month, its highest level since July 2014, and extending a run of continuous expansion since October 2009. All of the five sub-indices were above the 50 reading that separates contraction from expansion.
The improved performance in the services sector comes after a similarly upbeat gauge of the manufacturing sector last week. The BNZ BusinessNZ performance of manufacturing index rose to a seasonally adjusted 55.2, the highest level since February with all components in expansion.
"Whether parsed by region, industry type, or firm size, every bit of the PSI was in expansion mode, which is rare," Bank of New Zealand senior economist Craig Ebert said. "Combined with the improved PMI reading for June, the latest PSI paints a picture of an economy expanding robustly, probably a little better than average."
The performance of composite index, which combines the two measures, increased 0.6 of a point to 57.8 on a GDP weighted basis, and rose 1.5 points to 57.2 on a free weighted basis, the closest the two measures have been to each other since December last year.
While the current measure were buoyant, economists expect New Zealand's economic growth to slow as weaker commodity prices weigh on the country's main exports and earnings. The Reserve Bank is expected to reduce the benchmark interest by 25 basis points this week to bolster the economy, with further cuts predicted before the end of the year.
The latest PSI showed activity/sales weakened to 60.2 in June from 62.9 in May, while new orders/business edged lower to 63 from 63.1. Employment slipped to a reading of 54.2 from 56.3, while stocks/inventories advanced to 53.4 from 50.5, and supplier deliveries increased to 56.1 from 49.9.
http://www.sharechat.co.nz/article/0...hs-in-junehtml
Hey winner, bad timing. Just spare a thought for the poor EZ who's job it seems to be to tell us constantly how bad things are under a National led coalition government. Good economic news just make his life more miserable .... :crying:
Well its good to see something is going well under National, as there is very little else for them to crow about.
What did the Queen say one time, annus horribilis. John Key must be thinking along similar lines.
They are having an absolute shocker. I might slip a ponytail in the post for him, just to give the poor man a bit of comfort & so he doesn't pick on some poor waitress in the nearest café. ;-)
Yawn!
Actually I don't find your posts helpful, you fail to understand how NZ politics works....
Colin James mentioned pony-tail-gate almost in passing in his latest comment about the National conference coming up.
http://www.colinjames.co.nz/party-ti...ll-is-tip-top/
Personally, I can't wait for 2017, to see what gets attached to JK's hoardings around the country. You can understand how damaging that could be for National's brand.
One thing about Mr James' article, I wouldn't call the dairy bubble being flat. It could well be described as popped.
There is certainly disquiet in the regions, this is where the change in sentiment is coming from.
John Key no longer talking low percentages of foreign buyers in Auckland, Labour's efforts are forcing some action.
http://www.nzherald.co.nz/property/n...y+21+July+2015
C-T's advice again forces National to tell a giant fib.
http://www.nzherald.co.nz/property/n...y+21+July+2015
Oh dear - EZ, Really - CT is the most important thing to talk about? What about all the racists creepies and crawlies the Labour party released?
I guess anybody supporting Labour had anyway a difficult battle ahead of themselves, but now it is clear for everybody that Labour can't even claim moral high ground. Pity that, NZ deserves a better opposition like that.
BTW - anybody else heard Andrew Little this morning on national Radio?
(http://www.radionz.co.nz/national/pr...g-poll-results)
Incredible weak performance of a wannabe PM filled with lots of ah's and ahmm's - but nothing to say. He had neither a response related to Labours recent racist action - nor any suitable explanation towards condoning smoking in public. Quite disappointing - and this man wants to be the next PM? Stuff for Tui billboards - couldn't be better if somebody would have made it up ...