It’s been a while since New Zealand could boast being one of the best economies in the world, but our economy is in a sweet spot right now. It is great to be able to quote the positives and there are a number of positive factors at play.
- Immigration and the impact of Kiwis coming home.
- The Christchurch rebuild is solidly underway.
- Auckland new home building is start speed up.
- The government is focused on increasing infrastructural work.
- Commodity prices are strong feeding which feeds a healthy rural sector.
Normally positives are off-set by some negatives but the only negative I can see at present is our strong New Zealand dollar. This has hurt some of our export sector but we are lucky that New Zealand supplies what China (our largest trading partner) wants.
Who said Aussie was the lucky country?
John Barber