Saturday, September 04, 2010
Vital Statistics
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Much has been heard recently regarding the ‘green shots’ of recovery. We remain unconvinced and continue to believe the global economy will take some time to return to anything near normal.
However, indicators of forward orders, employment and, yes, confidence, suggest the bottom of New Zealand’s recession may well have been reached. But the post-recession forecast is, at best, »»
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01 Apr 2009
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The next couple of years will be a true test of leadership. Without doubt, the global economy is facing a series of challenges that will not be quickly overcome. But here in New Zealand, we risk talking ourselves into a downturn much deeper and longer than is really warranted.
We have been diligently investigating all the data we can locate relevant to the prospects for employment in New »»
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15 Dec 2008
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“With global recession staring us in the face, now is not the time for the faint of heart,” said BERL Chief Economist Dr Ganesh Nana.
“Decisive leadership is required in this time of crises. The hits to sentiment continue and this acts against the chance of any rapid consumer-led recovery. Even with tax cuts and lower petrol prices, the seemingly endless stream of negative »»
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19 Sep 2008
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Prospects for the New Zealand economy are looking weak, according to the latest assessment released today by independent economic researchers BERL.
“The hits to the New Zealand economy just keep coming. And as the global financial markets continue to haemorrhage, our problem is that the New Zealand economy doesn’t have that much fat with which to absorb these hits,” said BERL »»
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