Tag Archives: Treasury

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.
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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

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

Dunedin Law Courts | ODT editorial

Dunedin Law Courts IMG_0193 a2 EJ Kerr 13.5.15

The Dunedin courthouse is one of the city’s finest historic buildings, and part of a heritage cluster impossible to match anywhere in this country.

We await an “unequivocal commitment” from the Government to return court services to their Dunedin home.

### ODT Online Tue, 22 Sep 2015
Editorial: ‘Nonsense’ courthouse costs
OPINION Really? Would earthquake strengthening of Dunedin’s courthouse really cost more than $15million as officials claim? Or is this another example where supposed post-earthquake costs are used as an excuse? Or can the Government simply not design and commission building work for reasonable prices? There is probably a bit of both.
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Dunedin structural engineer Stephen Macknight called the Government’s $15million strengthening figure “absolutely ridiculous”.

Director of Dunedin construction company Lund South, Russell Lund, said his experience suggested the $15million figure was “just not even credible”.

### ODT Online Sat, 19 Sep 2015
$15m bill for court rejected
By Craig Borley
Dunedin engineers and construction experts have rubbished the Government’s claims the city’s historic courthouse needs earthquake strengthening work worth more than $15 million. […] Lou Robinson, director of Hadley Robinson Engineering, said he knew the courthouse intimately after being involved in the 2002 work on the complex. He estimated an “upper limit on strengthening of perhaps $3 million”.
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Save Our Courthouse█ Website:
http://www.saveourcourthouse.nz

█ Facebook:
http://www.facebook.com/SaveOurCourthouse

█ Petition to Justice Minister Amy Adams:
http://bit.ly/1FlZIWy (via Avaaz platform)

Related Posts and Comments:
7.9.15 Public petition to save Courthouse for courts use
11.7.15 Dunedin Law Courts “an incredible historic building” –Minister
14.5.15 Russell Lund on Ministry closure of Dunedin Law Courts
14.5.15 Justice at Dunedin
2.5.15 Ministry serves INJUSTICE for Dunedin Courthouse #HistoricHeritage

Post and image (2015) by Elizabeth Kerr

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Filed under Architecture, Business, Construction, Democracy, Design, Economics, Geography, Heritage, Media, New Zealand, People, Politics, Project management, Property, Site, Structural engineering, Tourism, Town planning, Urban design, What stadium

Clarke and Dawe: ‘We’re getting a lot of changes coming through….’

ClarkeAndDawe Published on Aug 6, 2014

Clarke and Dawe – An Exciting New Interpretation of The Text.
“An Important Government Functionary. One of many.” Originally aired on ABC TV: 07/08/2014

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ClarkeAndDawe Published on Aug 13, 2014

Clarke and Dawe – The Exceptions that Prove the Rules
“Mr Desmond Gruntled, Financial Projectionist” Originally aired on ABC TV: 14/08/2014

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ClarkeAndDawe Published on Aug 20, 2014

Clarke and Dawe – Who said that?
“Mr Tim Astraya, Asparagus farmer” Originally aired on ABC TV: 21/08/2014

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ClarkeAndDawe Published on Aug 27, 2014

Clarke and Dawe – Some Slight Difficulties in the Workplace
“An Extremely Senior Australian Treasury Official” Originally aired on ABC TV: 28/08/2014

http://www.mrjohnclarke.com
http://www.twitter.com/mrjohnclarke
http://www.facebook.com/ClarkeAndDawe

Posted by Elizabeth Kerr

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