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As Managing Director of EBOSS Matthew is close to trends and developments that reveal insight into the future of the NZ building industry.
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As Managing Director of EBOSS Matthew is close to trends and developments that reveal insight into the future of the NZ building industry.
Outside Canterbury, the general tenor of economic information during the past month has been encouraging.
Statistics NZ have released information on the number of building consents issued in March 2011.
The February Canterbury earthquake, combined with the fact the NZ economy was already struggling, pushed the Reserve Bank to cut the official cash rate by 50 basis points at its March meeting.
I received this note yesterday from a small supplier situated in Christchurch:
The New Zealand labour market closed out 2010 on a low note, with employment declining and the unemployment rate rising to 6.8%.
The New Zealand economy struggled over the second half of 2010.
The recent announcement by the Supreme Court will put more emphasis on the central government 25-25-50 scheme, with the landmark ruling that councils owe a duty of care to establish that inspection ensures compliance with the Building Code.
The New Zealand economy finally produced some good news in October, with September quarter unemployment falling to 6.4%.
469 industry professionals participating in last weeks survey, and we have your combined results above.
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