Welcome to the October 4 edition of Tony Alexander's Weekly Overview



In London Now - Data Poor Here

This is the first Thursday in the month so if you have a spare minute please feel free to click on the url here and let us know whether you feel that the NZ economy will be better or worse in a year’s time. If you have a minute also let us know how things are in your particular sector at the moment remembering to specify what that sector is.


This week the main piece of news has been the cut of 0.25% in interest rates across the ditch which has pushed the NZD to a 13 month high against the Aussie dollar. It is very unlikely that their rate cut will be followed by one in NZ and in this week’s WO I explain yet again why that is the case – a rising housing market. We have received more data this week showing tightness in housing supply in New Zealand and in particular in Auckland.

Weekly Overview in bits

This is the WO section on housing and what I would do if I were a borrower.


My introductory article and some observations on London and EuroDisney are here.


The entire WO is available here.


Best regards
Tony Alexander
Chief Economist


BNZOctober4 BNZOctober4 (98 KB)

Any views expressed in this publication are the views of Tony Alexander and do not necessarily represent those of BNZ, or its related entities. The information in this publication is provided for general information purposes only, and is a summary based on selective information which may not be complete for your purpose. To the extent that any information or recommendations in this publication constitute financial advice, they do not take into account any person's particular financial situation or goals. Bank of New Zealand recommends that you seek advice specific to your circumstances from your financial adviser. Neither Bank of New Zealand nor any person involved in this publication accepts any liability for any loss or damage whatsoever may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in this publication.


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