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BNZ - Latest News [Page 51]
NZ Fundamentals Okay – Provided World Recovers
Monday, 2 December 2002, 9:44 am | Bank of New Zealand
In theory all the bad news we have been receiving from overseas in the past few months should not just have depressed business and consumer confidence as we saw in the middle of this year. We should still be in that depressed state given 40% of our ... More >>
Staggering Apartment Boom
Thursday, 28 November 2002, 8:33 am | Bank of New Zealand
Statistics New Zealand released monthly data showing the number of consents issued for the construction of dwellings around New Zealand. During October the number of apartment consents sky-rocketed to 1,526 from 485 in September. This was a record ... More >>
Household Debt Levels Take Off
Tuesday, 26 November 2002, 3:53 pm | Bank of New Zealand
The Reserve Bank released monthly data on lending to the business, rural and household sectors. In October debt outstanding to the business sector was up 1.1% from a year ago from 0.1% growth in September and 5.6% a year earlier. We economists tend not ... More >>
