Gisborne Rail Review Released
*BERL awaits government response*
Anaemic economy: 173,000 to Oz in four years not enough!
Employment growth continues to fall. It dropped from 43,000 a year ago to just 12,000 in the 12 months to June 2012. That 12,000 increase is nowhere near enough to employ the increase in the number of people who want to work. Even this meagre employment increase could well become negative in the next six months if the trend over the last year continues.
Ongoing impact on manufacturing of despondent external trade
Lower demand and weaker global prices for our key export products are showing through in manufacturing sales volumes.
A positive month for external trade
A surge in dairy and forestry exports contributed to a strong monthly surplus of $331m. June figures showed a 25% increase in forestry export volumes and an 8% increase in dairy exports. However, monthly figures are prone to erratic movements – depending on holidays, shipping timetables and the like.
Māori economy and wealth creation - Presentation to Auckland Council
On Thursday August 2 2012, Dr Ganesh Nana gave a presentation to the Auckland Council about the Māori economy. His slides are below.
Credit where credit is due
Treasury’s latest Monthly Economic Indicators conclude that the “domestic economy is looking in relatively good shape”, while acknowledging that “the global outlook worsened further in July, with downside risks increasing”. It sees “a pick up in coming quarters” that will see inflation accelerate and spare capacity be absorbed (by growth).
Aoraki Polytechnic contributes to more than 700 jobs in South Canterbury
BERL’s preliminary assessment of the impact of Aoraki Polytechnic on South Canterbury has just been released.
Employment and earnings data for young graduates will result in more informed decisions
Are the days of hordes of young people enrolling in qualifications that employers don’t want and ending up unemployed numbered?
Weak trade surplus in July
July was positive month for New Zealand trade, with a slight trade surplus of $15 million. Yet, our trade deficit increased from $756 million in June to $825 million this month based on annualised values.
Overseas visitor numbers still boosted by Rugby World Cup visitors
In the year to July 2012, the number of visitors totalled 2,633,200, a 5.6 percent increase on year earlier levels.