Farm sales fell 7 percent on the year in the three months to June and the median price per hectare was down 16.3 percent although horticulture farm prices continued to push higher, according to the Real Estate Institute.
Business confidence fell to a five year low as winter began and it wasn't just because managers were politically biased. Bernard Hickey argues it's time the Government reacted to this cooling with a debt-funded construction stimulus and interest rate cuts.
New Zealand's economy and Government is under new management, but Bernard Hickey sees little real change so far in monetary or fiscal policy under Grant Robertson and Adrian Orr.
In today's email we look at the latest REINZ House Price Index as well as warnings about the potential economic effects of a crackdown on migration.
In today's email we preview the GDP figures due out this morning, and look at the latest house price and sales volume statistics.
In today's email, we detail at what Nick Smith had to do to get his RMA reform bill over the line, we look at the latest business confidence and house price statistics and at some interesting news about gene tests and insurance - and how the headlines were instead grabbed by a spaghetti pizza.
Bill English's downplaying of the scale of the national housing shortage was challenged yesterday in another sign that housing will be the major topic of debate in the election, alongside migration. He also opened himself up to accusations of going soft on the drive for extra housing supply when he pointed to prices having stopped rising in Auckland -- a tactic John Key used to take the focus off housing supply from 2009 to 2012.
House sales volumes are sliding and inflation is slowing, but it's too early to say the bubble has burst yet.
Bill English is set to be sworn in as Prime Minister more than 14 years after leading National to its worst electoral defeat, and after eight years of being John Key's right hand man without the ambition to be number one.
House price inflation figures released on Friday by the Real Estate Institute (REINZ) showed just how hard the hard place has become for the Reserve Bank and the Government.