BNZ warns of storm clouds gathering round NZ's growing economy
The Bank of New Zealand (BNZ) today warned businesses and investors to carefully watch gathering economic storm clouds in the year ahead.
Saturday, December 13th 2003, 6:55AM
by The Landlord
The year ahead would see the economy maintain its momentum, but 2005 was "the danger year as far as we are concerned".
The soaring New Zealand dollar, the likelihood of official cash rate increases, a fall-off in net migration and the possibility of a property pull-back were factors.
Read More - Opens in a new window
| « Building consents plummet | Earth will be moving at second Auckland Airpark » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
