Mom and Dad investor are being forced to provide free social housing.
Business Confidence in New Zealand has crashed.
NZ Retail Sales have crashed by nearly 15%!
A daily update on the recovery numbers for Australian and New Zealand.
Mandatory Covid Vaccinations In Australia. Scomo’s No Jab No Play on overdrive!
Great News, over 15,000 people have recovered from Covid-19 in Australia and New Zealand!
The Reserve Bank of New Zealand is considering Negative Interest Rates.
#Construction #Reinforcing #HeiseSays 1100 building in New Zealand has missing reinforcing of structural issues. References Widespread defective or missing concrete or reinforcing steel revealed https://www.rnz.co.nz/news/national/400919/widespread-defective-or-missing-concrete-or-reinforcing-steel-revealed?fbclid=IwAR2twuuUTM6PH30KhMjoivOOC1nA3rPifC8R1M7pYngYEGAP_SP9PJltn-0 A tale of two steels: Auckland’s Seascape vs Wellington’s Dixon St project https://www.rnz.co.nz/news/national/378085/a-tale-of-two-steels-auckland-s-seascape-vs-wellington-s-dixon-st-project
#NewZealand #CashRate #RBNZ The Reserve Bank of New Zeland has slashed its cash rate beyond forecasts by 50 basis points. Let’s look at the statement of from the Bank and then get an overview of their economy. References https://tradingeconomics.com/new-zealand/interest-rate https://www.rbnz.govt.nz/
#RealEstate #OffPlanPurchase #NewZealand A student has lost $60k purchasing an apartment off the plan because she is unable to obtain funding at settlement. Sadly people need to learn that prices do not always go up. References Sugartree apartment buyer decries $60k deposit loss, developer says ‘hard lesson to learn’ ‘Sadly, the agent was my mum’ […]