1. Australians continue to report that it’s not the right time to be buying a dwelling.
2. For what it’s worth, Roy Morgan’s measure of Australia’s unemployment rate has fallen in recent months.
3. The number of new housing loan commitments in New Zealand rose a little in February and has been rising gently for 18 months.
4. Nonetheless, the volume of new housing loans for the purpose of buying or building a home has fallen a little over the past 6 months or so.
5. The value of new housing loan commitments relative to outstanding housing credit remains low.
6. New Zealand’s labour productivity performance since the mid-1990s has been relatively weak.
7. The wages share of income in New Zealand has increased substantially over the past couple of years.
Discussion about this post
No posts