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Whites are distressed in N.Z. no point of this made in the article.
Migrants a boost for NZ economy
20 July 2006
By SUE ALLEN
A rise in the number of people moving to New Zealand should underpin the flagging housing market and give a boost to retailers.
But Australia is still luring thousands of Kiwis into jumping the ditch each month.
Figures issued by Statistics New Zealand showed that permanent and long-term arrivals exceeded departures by 200 in June 2006, compared with a loss of 300 people in the same month last year. The category covers people intending to stay, or leave, for a year or more.
For the year to June, New Zealand gained 10,700 more people than it lost, an increase of 24 per cent on the previous June year.
ANZ National Bank economist Khoon Goh said migration was stabilising at a net gain of about 10,000 a year, which would provide support for the housing market and retail spending.
But at that level, it was not enough to alter the overall economic picture, where demand was "heading south", he said.
ANZ National Bank is picking that the official cash rate, a key indicator of mortgage rates, will stay at 7.25 per cent till March next year, when it expects it will fall to 7 per cent.
AdvertisementAdvertisementCitigroup economic and market analysis director Annette Beacher said that as net migration crept higher, it would help improve consumer spending and housing, and add to New Zealand's shrinking labour pool.
"But it also adds to already distressing inflationary pressures," she said.
Record high petrol prices and a jump in airfares have pushed inflation up to 4 per cent, the highest rate since December 2000.
The annual net permanent outflow to Australia was 20,500 in the June 2006 year, down from 21,400 at the start of the year but higher than the 19,300 in June 2005.
"With Australia, which accounts for almost half of all permanent long-term departures from New Zealand, looking increasingly attractive, the big risk lies in a surge of people going across the Tasman," Mr Goh said.
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Isn't it strange that we talk least about the things we think about most?
We cannot allow the natural passions and prejudices of other peoples
to lead our country to destruction.
-Charles A. Lindbergh
Posted : 19/07/2006 9:39 pm
Topic starter
It's appear's as the English speaking Nation's become less White, and they sink into third World status, and also get a police state aimed at Whites in the Bargain, as we know. When the light switch doesn't alway's work perhaps that will help us.
Today's front page.
http://www.stuff.co.nz/national_news.html
N A T I O N A L N E W S
Future power supply queried
New Zealand's increasingly shambolic electricity sector is inviting further blackouts, price hikes, and threatens to turn off potential investors, business leaders warn.
Street violence leaves teen dying, another blind
A youth is fighting for his life and another is likely to lose the sight in one eye following another weekend of gang-related violence in South Auckland.
Police name woman who fell down cliff to death
Police have named the Australian woman who fell 60m to her death down a cliff on the West Auckland coast yesterday.
Call to stop prison weddings
Supermarket strikers to resume picketing
Farmers warned about burnoffs
Winds create havoc for southern fire service
Homicide inquiry launched after Onehunga death
Police body armour delayed
Three die on weekend roads
School religion advice ditched
NZ needs older workers to remain in workplace
Family speak of pain of losing slain son
Surfer dies after being dragged from waves
Gas restored to many central Wellington streets
Woman on arson charge after heroes make rescue
Strikers now 10 days without pay
Gas line havoc costs capital millions
Consumers' champion Russell to step down
Armed gang member still on run a week after killing
Baby makes dad's day
Poll shows Labour in front
Awatere Huata free again
Wind-fuelled fires in Otago under control
Maori party MPs accept koha
Woman falls to death from cliff
TVNZ's Ralston on mat over x-rated tirade
Koha OK for MPs - Harawira
Man in intensive care after fall from fence
NZ eyes UK way to crack crime
Driver killed after car rolls in Auckland
Call for clearer school zoning rules
Liam played cards with alleged killer
'I sent Liam to his death'
Court wears accused's 'serial killer' T-shirt
Transport is a regular site of trouble says friend of accused
No gas, no cash for Wellington businesses
Supermarket wage talks fail to deliver
PM to meet mayors over restructure plan
Isn't it strange that we talk least about the things we think about most?
We cannot allow the natural passions and prejudices of other peoples
to lead our country to destruction.
-Charles A. Lindbergh
Posted : 03/09/2006 4:23 pm