“Those who do not learn from history are doomed to repeat it”. So, just when we need them, it seems there are not many history scholars out there. Yes, the growth versus austerity argument is with us again. Despite few examples of nations recovering to become strong and prosperous on the back of an austerity programme, the prescription of austerity in the face of financial ills is not new.
The Buller district was the best performing local authority based on the BERL regional rankings for 2011. This year’s report also ranks regions and cities, with Auckland the best performing region, and Tauranga the best performing city.
The recovery of the Auckland economy is by no means a foregone conclusion.
March 2012 trade figures indicate a fall in the value of exports compared to year-earlier levels. Exports were valued at $4.2bn in March, down from $4.6bn in March 2011. Flagship exports such as dairy, crude oil and fruits all recorded lower export revenue this March.
In July 2014, Statistics New Zealand (SNZ) has released data on the international migration for the year to June 2014.