Tag Archives: Migration

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

Jafas, come hither…. it’s alright here if warped

Douglas Field Published on Jan 7, 2016
Climate Change Panic 8 1 16
‘Green’ Mayor Cull panics over floods in Dunedin and blames ‘climate change’ and sea level rise as the cause. Promptly debunked by local climatologist and hydrologist as absurd.

Commenting at ODT Online
macfod, unduly negative and downcast —not a local economist like John Christie (Enterprise Dunedin), or a Terence Davies (DVML) – who place reliance on bought multipliers to talk up sweet virtue and powers of attraction.
blip blurp blop

Dave Cull couldn’t sell toffee
Submitted by macfod on Fri, 08/01/2016 – 7:33am.

Oh my god, what a big draw it would be saying that we have places such as ..

Cadburys – a factory! Farmers Market and bacon butties – a joke! Museum – visit it once only. St Clair beach – it’s eroding and DCC are doing nothing about it.

What [they] are promoting [is] where they have spent money . . . stadium – unused cycle lanes. I love Dunedin but get so frustrated that we are not growing and not attracting jobs..

Aucklanders are already buying our property, but as investments as the rental returns at approx 8% make it good business.
Read more

New Zealand Herald: Dunners in drive for Jafas to roll down to Deep South

INFLUX….
jaffa-race Dunedin Cadbury Chocolate Festival [dunedinnz.com]

Jafa is a slang term (usually pejorative) for a resident of Auckland, New Zealand. It is the acronym for Just Another Fucking Aucklander. The term is also misspelled as Jaffa, a chocolate confection from Dunedin.

Posted by Elizabeth Kerr

*Image: dunedinnz.com – Jaffa Race, Baldwin Street

alright ● all right ● alright ● all right ● alright ● all right ● alright

36 Comments

Filed under Business, Climate change, Cycle network, DCC, Democracy, Dunedin, Economics, Enterprise Dunedin, Geography, Media, Name, New Zealand, People, Politics, Project management, Property, Tourism, Travesty, What stadium

Dunedin: city marketing @@@

### ODT Online on Fri, 17 May 2013
City planning single marketing arm
By Debbie Porteous
Total responsibility for marketing Dunedin to the outside world will not be transferred to Tourism Dunedin, after a series of concerns were raised about a proposal to do so.
Dunedin city councillors have decided the city’s marketing functions should still be brought into a single agency, as proposed in the council’s draft annual plan for 2013-14, but not one run by Tourism Dunedin, after concerns that would not meet the main aim of having a consistent city marketing message.
In the meantime, the status quo would remain while a steering group considered options for setting up the agency, including establishing a council-owned organisation (CCO) or the council delivering all marketing functions in-house.

Investigating a single marketing agency is one of the projects outlined in the city’s economic development strategy.

The proposal outlined in the draft annual plan was to merge city-wide marketing activities into a single marketing agency that would co-ordinate tourism, events, investment, skills and migrant promotion and attraction efforts, as well as be responsible for city branding and operate Dunedin’s i-Site. The aim was more efficient and effective marketing activity.
Read more

Report – Council – 15/05/2013
(PDF, 512.2 KB)
Marketing Agency Proposal Consultation

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Remember when . . .

I am Dunedin launch 2001 (ODT 11.1.10) detail of photo by Jane Dawber)I am Dunedin launch, January 2001
Grainy image, just like the campaign, with ‘famous’ faces (detail from a photo by Jane Dawber, ODT)

dunedin.brand.tee 1Ben Fahy, at Idealog (October 19, 2010 @ 10:25 am): “Previous branding had been done in-house by the council, including the classic slogans ‘It’s all right here’ (often exchanged for the more comical ‘It’s alright here’) and ‘I am Dunedin’. Wisely, a slogan was avoided and Dunedin is the brand (the logo, a trendy, more contemporary gothic script that embraces the town’s Scottish heritage, is inspired by Nom-D’s now famous ‘Dunedin’ t-shirts). At the same time, the campaign is also confronting some of the engrained—and perhaps negative—perceptions of the city head on…”

Similar talking-through-a hole-in-the-neck has been rebounding ever since DCC tried to brand the city without branding the city. Confused?

Related Post and Comments:
3.3.13 Tourism Dunedin —city councillors not convinced

Posted by Elizabeth Kerr

13 Comments

Filed under Business, DCC, Economics, Events, Geography, People, Politics, Project management, Tourism