Tag Archives: Economy

NZ Economy —if you’re not Treasury

Either an interest rate hike or rising unemployment, together with falling migration, would spell “the end of the party”….
Due to the Reserve Bank putting restrictions on lending and other measures, the underlying economy was in good shape to withstand “a shock”. –Dominick Stephens, Westpac Chief Economist

### radionz.co.nz Fri, 10 June 2016
Nine to Noon with Kathryn Ryan
The risks of rising household debt
9:08 AM. NZ household debt has reached half a trillion dollars. That’s $100,000 of housing and personal debt for every man, woman and child. Nine to Noon speaks to Westpac Chief Economist, Dominick Stephens and Massey University’s Dr Jeff Stangl about the risks that poses to the economy. Link
Audio | Download: Ogg MP3 (30′19″)

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### radionz.co.nz Sat, 11 Jun 2016 at 12:15 pm
RNZ News
Tough times coming as debt soars, warns economist
Record high household debt levels are not sustainable, warns a leading bank economist. At half a trillion dollars, housing and personal debt has hit 162 percent of the average household’s annual disposable income – higher than levels before the global financial crisis.
Westpac Chief Economist Dominick Stephens told Nine to Noon the decline in dairy prices was hurting the regions, but the downturn following the end of the Canterbury rebuild would be more severe than most people were prepared for. The rebuild played a huge role in the “rock star economy” between 2012 and 2014, with the international reinsurance industry dropping $20 billion on New Zealand and the government pumping in another $10b. As that money dried up, some business owners could find their businesses were not as robust as they thought, Mr Stephens said. What was less certain was when the “borrow and spend” dynamic – fed by skyrocketing houseprices – would come to an end.
Read more

harrys_view 19 Jan 2016 Harry Harrison at South China Morning Post [scmp.com] 1Harry’s View 19 Jan 2016 [scmp.com]

Posted by Elizabeth Kerr

16 Comments

Filed under Business, Democracy, Economics, Finance, Housing, Media, Name, New Zealand, People, Politics, Property, Public interest

Donaghys cutting jobs #SouthDunedin

Managing director Jeremy Silva said then the company was struggling in the face of a consistently high New Zealand dollar and competition from Asia and Europe, the latter able to compete because of a weak euro.

### ODT Online Fri, 17 Oct 2014
29 Donaghys jobs go; 9 under review
By David Loughrey
The confirmed loss of 29 jobs at Donaghys’ South Dunedin factory, and news of a further nine jobs to be reviewed next year, was confirmed yesterday to “silent” workers. The loss of the jobs, which had been foreshadowed recently, came as another 29 manufacturing positions were lost yesterday at Tasman Insulation in Christchurch and 40 at Wellpack in Wellington, as a high dollar and cheap imports cut a swath through the industry.
Read more

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### ODT Online Thu, 2 Oct 2014
Dunedin factory to lay off 30 staff
By David Loughrey
Thirty jobs are set to be cut at Donaghys’ Dunedin factory, leaving workers “stunned”, and their union representative fuming at claims New Zealand has a “rock star economy”. The cuts are another hit to Dunedin’s manufacturing industry. Donaghys yesterday announced it had begun a consultation process with staff and unions on a restructure that included a proposal cutting up to 30 jobs.
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Donaghys' ropewalk [blogs.otago.ac.nz] historical 1 Donaghys’ ropewalk (historical) | Image via The Hocken Blog

Posted by Elizabeth Kerr

3 Comments

Filed under Business, Economics, Enterprise Dunedin, Geography, Heritage, Media, Name, New Zealand, People, What stadium

Minister of Finance Bill English on Dunedin governance #Regions #Cull

Received from Anonymous
Wed, 23 Jul 2014 at 6:29 p.m. and 7:02 p.m.

Message: Watched a few moments of Question Time from Parliament today and in response to a question on regional development Minister of Finance Bill English said (citing the most recent ANZ survey) “the top two areas for business confidence are Otago despite the complaints of their civic leadership, and the Waikato”. Have a look from about 3’20” of this clip. Great stuff.

Bound to receive not a word of reportage from the ODT.

A really big dig at Cull.

In The House – Question Time
Topic: Growing Gaps among Regions
23/07/14 23.07.14 – Question 4: Hon David Parker to the Minister of Finance
Does he agree that there are growing gaps among the regions of New Zealand, making the economy and society increasingly unbalanced; if not, why not?
Url: http://www.inthehouse.co.nz/video/34086

Posted by Elizabeth Kerr

8 Comments

Filed under Business, DCC, Democracy, Economics, Hot air, Media, Name, New Zealand, People, Politics, What stadium

Garrick Tremain, excellence

Garrick Tremain 2 Aug 2013 & 9 Aug 2013 (lowres)2 & 9 August 2013 (lowres)

garricktremain.com

The Swann
Fonterrorism

● Whereabouts of Michael Swann assets?
People can contact Dunedin police on (03) 471-4800 or via the anonymous Crimestoppers line, 0800-555-111.

Posted by Elizabeth Kerr

1 Comment

Filed under Business, Design, Economics, Events, Geography, Hot air, Media, Name, New Zealand, People, Pics, Politics

Making roofs more intelligent

What’s being billed as the country’s first zero energy house is steadily taking shape in Point Chevalier, Auckland, and its owners are aiming to save up to $80,000 in power costs over the next 25 years.

### idealog.co.nz July 2, 2012 @ 10:07 am
Zero energy house leading the way
By Idealog
SolarCity has partnered with owners Joanna Woods and Shay Brazier and energy consultants and eco-companies to help build the house, which aims to achieve net-zero power bills by generating as much electricity as is consumed through a blend of energy-efficient features and an intelligent solar roof. Brazier, who is also head of design and innovation at SolarCity, says the house could save between $50,000-$80,000 in power costs over the next 25 years.
“Our zero energy house protects us from the impact of electricity rate increases while safeguarding the environment for the next generation,” Brazier says. “The country needs to start thinking about making their roofs more intelligent, and start thinking about the cost of running a house per square metre, rather than just the cost of building a house per square metre.”
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Zero Energy Solar from Zero Energy House Project on Vimeo.

Zero Energy Explained from Zero Energy House Project on Vimeo.

Posted by Elizabeth Kerr

7 Comments

Filed under Architecture, Business, Construction, Design, Economics, Geography, Innovation, Inspiration, Media, Name, People, Project management, Property, Site, Town planning, Urban design

John Montgomery: The Economy, Culture and Design of Cities

Dunedin City Council hosted a public lecture by Dr John Montgomery at the Dunedin Public Art Gallery last Friday (16 September).

Dr Montgomery provided a presentation [PDF, 5.94 MB] on the economy, culture and design of cities, building on his work in the UK and Australia. His views are particularly relevant for the development of Dunedin’s Central City Plan and Economic Development strategies.

John Montgomery is an urban planner, economist, author and managing director of Urban Cultures Ltd.

Urban Cultures consults in urban economics, city planning, urban design, arts-led urban revitalisation and managing the night-time city.

More on John Montgomery at Idealog.

Your City Our Future (YCOF) – Update

Dunedin City Council undertook a city-wide consultation in June 2011 to identify priorities for future expenditure. The results from the consultation survey are available here: YCOF survey report July 2011

The information and feedback received from the consultation, along with the feedback from the YCOF leadership teams has been used in the development of the Council’s draft spatial plan, “Dunedin Towards 2050”, draft Central City Plan, and draft Economic Development Strategy.

Formal consultation on these documents is planned for October/November 2011.

Find additional information on the development of the Council’s Central City Plan here: www.dunedin.govt.nz/centralcityplan

Posted by Elizabeth Kerr

6 Comments

Filed under Architecture, DCC, Economics, Events, Geography, Heritage, Innovation, Inspiration, People, Politics, Project management, Site, Town planning, Urban design