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New Zealand Property Bubble
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, putting increasing pressure on public housing providers as fewer households have access to housing on the private market. The property bubble has produced significant impacts on inequality in New Zealand, which now has one of the highest homelessness rate in the OECD and a record-high waiting list for public housing. Government policies have attempted to address the crisis since 2013, but have produced limited impacts to reduce prices or increase the supply of affordable housing. However, prices started falling in 2022 in response to tightening of mortgage availability and supply increasing. Some areas saw drops as high as around 9% - albeit from very high prices. Unaffordable housing has produced profound impacts on New Zealand society. Between 1986 and 2013, home ownership dropped from 74% to 65%. Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Money Supply And Inflation
New or NEW may refer to: Music * New, singer of K-pop group The Boyz (South Korean band), The Boyz * New (album), ''New'' (album), by Paul McCartney, 2013 ** New (Paul McCartney song), "New" (Paul McCartney song), 2013 * New (EP), ''New'' (EP), by Regurgitator, 1995 * New (Daya song), "New" (Daya song), 2017 * New (No Doubt song), "New" (No Doubt song), 1999 * "new", a song by Loona from the 2017 single album ''Yves (single album), Yves'' * "The New", a song by Interpol from the 2002 album ''Turn On the Bright Lights'' Transportation * Lakefront Airport, New Orleans, U.S., IATA airport code NEW * Newcraighall railway station, Scotland, station code NEW Other uses * New (film), ''New'' (film), a 2004 Tamil movie * New (surname), an English family name * NEW (TV station), in Australia * new and delete (C++), in the computer programming language * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Investment
Real estate investing involves purchasing, owning, managing, renting, or selling real estate to generate profit or long-term wealth. A real estate investor or entrepreneur may participate actively or passively in real estate transactions. The primary goal of real estate investing is to increase value or generate a profit through strategic decision-making and market analysis. Investors analyze real estate projects by identifying property types, as each type requires a unique investment strategy. Valuation is a critical factor in assessing real estate investments, as it determines a property’s true worth, guiding investors in purchases, sales, financing, and risk management. Accurate valuation helps investors avoid overpaying for assets, maximize returns, and minimize financial risk. Additionally, proper valuation plays a crucial role in securing financing, as lenders use valuations to determine loan amounts and interest rates. Financing is fundamental to real estate investing, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statistics New Zealand
Statistics New Zealand (), branded as Stats NZ, is the public service department of New Zealand charged with the collection of statistics related to the economy, population and society of New Zealand. To this end, Stats NZ produces New Zealand census, censuses and surveys. Organisation The organisation's staff includes statisticians, mathematicians, computer science specialists, accountants, economists, demographers, sociologists, geographers, social psychologists, and marketers. Stats NZ is divided into seven organisational subgroups, each managed by a Deputy Government Statistician: * Macro-economic and Environment Statistics studies prices, and national accounts, develops macro-economic statistics, does government and international accounts, and Australian and New Zealand Standard Industrial Classification, ANZSIC 06 implementation (facilitating changeover to new classification code developed jointly with Australian statistics officials.) * Social and Population Statistics st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Exchange
New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. , the NZX had a total of 179 listed securities with a combined market value of 184.62billion. History NZX established itself as a number of regional stock exchanges during the gold rush of the 1860s. The first brokers' association was started in Dunedin in 1867, then in Otago in 1868, Auckland in 1872, Wellington in 1882. The Dunedin Brokers’ Association became a stock exchange in 1893, then Christchurch gained an exchange in 1900. Auckland, Christchurch, Dunedin, Thames and Wellington formed the Stock Association of New Zealand in 1915, joined by Taranaki in 1916, Invercargill in 1920 and Gisborne in 1922. The Stock Association of New Zealand set up a sub-committee to investigate setting up a national stock exchange. In 1983 the regional exchanges were amalgamated to form a nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Monday (1987)
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was a global, severe and largely unexpected stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. The severity sparked fears of extended economic instability or a reprise of the Great Depression. Possible explanations for the initial fall in stock prices include a fear that stocks were significantly overvalued and were certain to undergo a correction, persistent US trade and budget deficits, and rising interest rates. Another explanation for Black Monday comes from the decline of the dollar, followed by a lack of faith in governmental attempts to stop that decline. In February 1987, leading industrial countries had signed the Louvre Accord, hoping that monetary policy coordination would stabilize international money markets, but doubts about the viability of the accord created a crisis of confidence. The fall may have been accelerated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radio New Zealand
Radio New Zealand (), commonly known as RNZ or Radio NZ, is a New Zealand public service broadcaster and Crown entity. Established under the Radio New Zealand Act 1995, it operates news and current affairs station, RNZ National, and a classical music and jazz station, RNZ Concert, with full government funding from NZ On Air. Since 2014, the organisation's focus has been to transform from a radio broadcaster to a multimedia outlet, increasing its production of digital content in audio, video, and written forms, utilising rnz.co.nz and the RNZ app. The organisation plays a central role in New Zealand public broadcasting. The New Zealand Parliament fully funds its AM network, used in part for the broadcast of parliamentary proceedings. RNZ has a statutory role under the Civil Defence Emergency Management Act 2002 to act as a "lifeline utility" in emergencies. It is also responsible for an international service, RNZ Pacific, which broadcasts to the South Pacific in both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. The ''Herald''s publications include a daily paper; the ''Weekend Herald'', a weekly Saturday paper; and the ''Herald on Sunday'', which has 365,000 readers nationwide. The ''Herald on Sunday'' is the most widely read Sunday paper in New Zealand. The paper's website, nzherald.co.nz, is viewed 2.2 million times a week and was named Voyager Media Awards' News Website of the Year in 2020, 2021, 2022, and 2023. In 2023, the ''Weekend Herald'' was awarded Weekly Newspaper of the Year and the publication's mobile application was the News App of the Year. Its main circulation area is the Auckland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Think Big
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s. The Think Big schemes saw the government borrow heavily overseas, running up a large external deficit, and using the funds for large-scale industrial projects. Petrochemical and energy related projects figured prominently, designed to utilise New Zealand's abundant natural gas to produce ammonia, urea fertiliser, methanol and petrol. The National Cabinet Minister Allan Highet coined the "Think Big" label in a speech to a National Party conference in 1977. Economist Brian Easton also used the term "think big" in describing economic strategies. History In the late 1970s New Zealand's economy was suffering from the aftermath of the 1973 energy crisis, from the loss of its biggest export market upon Britain's joining the European Economic Community, and from ram ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Muldoon
Sir Robert David Muldoon (; 25 September 19215 August 1992) was a New Zealand politician who served as the 31st prime minister of New Zealand, from 1975 to 1984, while leader of the National Party. Departing from National Party convention, Muldoon was a right-wing populist and economic nationalist, with a distinctive public persona described as reactionary, aggressive, and abrasive. After a troubled childhood, Muldoon served as a corporal and sergeant in the army in the Second World War. After a career as a cost accountant, he was elected to the House of Representatives at the 1960 general election as the Member of Parliament (MP) for Tamaki, representing the National Party. Muldoon rose in the Second National Government to serve successively as Minister of Tourism (1967), Minister of Finance (1967–1972), and Deputy Prime Minister (1972). Over this time he built up an informal but solid backing amongst National's mostly rural right faction, which he called "Rob's Mob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fourth Labour Government Of New Zealand
The Fourth Labour Government of New Zealand governed New Zealand from 26 July 1984 to 2 November 1990 (the period up to 8 August 1989 is also called the Lange Government). It was the first Labour government to win a second consecutive term since the First Labour Government of 1935 to 1949. The policy agenda of the Fourth Labour Government differed significantly from that of previous Labour governments: it enacted major social reforms (such as legalising homosexual relations) and economic reforms (including corporatisation of state services and reform of the tax system). The economic reforms became known as "Rogernomics", after Finance Minister Roger Douglas. According to one political scientist: The Labour government also enacted nuclear-free legislation, which led to the United States suspending its treaty obligations to New Zealand under the ANZUS alliance. David Lange led the government for most of its two three-year terms in office. Lange and Douglas had a falling-ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single-family Zoning
Single-family zoning is a type of planning restriction applied to certain residential zones in the United States and Canada in order to restrict development to only allow single-family detached homes. It disallows townhomes, duplexes, and multifamily housing (apartments) from being built on any plot of land with this zoning designation. It is a form of exclusionary zoning, and emerged as a way to keep minorities out of white neighborhoods. Single-family zoning both increases the cost of housing units and decreases the supply. In many United States cities, 75% of land zoned for residential uses is zoned single-family. Beginning in the late 2010's and early 2020's many cities across the United States have started looking at reforming their land-use regulations, particularly single-family zoning, in attempts to solve their housing shortages and reduce the racial inequities which arise from housing segregation. These upzoning efforts would not require that new housing types b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
