NZ | Economy Thread

[heyitsmechris]

..

[heyitsmechris]

..

[heyitsmechris]

..

[flyin_higher]

Originally Posted by heyitsmechris

Don't slag America off; I mean don't forget who saved the Allies back in World War II. (and to an extent WWI)

Did i slag them off? No.
Don't get into one of your argumentative posting moods chris. Most of us don't appreciate it.

[heyitsmechris]

..

[heyitsmechris]

..

[SYDNEY]

NZ ranked least corrupt

Nov 7, 2006

New Zealand is in a three-way tie with Finland and Iceland for first place in a survey of 163 countries to find the least corrupt. Denmark was 4th, followed by Singapore and Sweden. Haiti ranked last for 2006, just below Myanmar and Iraq.

The annual survey by the Berlin-based organisation Transparency International draws on surveys from multiple independent institutions. It defines corruption as the abuse of public office for private gain and measures the degree to which corruption is perceived to exist among a country's public officials and politicians.

Data is gathered from businesspeople and country analysts. Not every country is included in the survey because of an absence of reliable data from the remaining countries. The scores range from 10 (squeaky clean) to 0 (highly corrupt). New Zealand, Iceland and Finland rated 9.6 while Haiti scored just 1.8, marginally behind Myanmar, Iraq and Guinea with 1.9.

A score of 5.0 is the number Transparency International considers the borderline figure distinguishing countries that do and do not have a serious corruption problem.

[Kane007]

Hahaha, I was actually reading my way through Transparency Internationals website re this Corruption Index.

The table does contain some interesting figures.

Singapore (5th) and Australia (9th) are the only other top 10 non European nations. The UK is 11th in a another 3 way split. Canada comes in 14th. The USA is in a 3 way split for 20th with Belgium and CHILE. Chile, wasn't that up to recently a dictatorial banana republic? Yes, Americans must being feeling particularly proud at the moment .

[shrewd.user]

what do you guys think about a currency union with australia?

[Neitzsche]

Hard to say at this point in time for a few reasons. At present the world is splitting into three economic blocs - EU, NAFTA and the proposed East Asian Community (EAC), also there is South America which at this point in time is rather disfunctional. Both NZ and Oz are in an observer status over discussions about forming the EAC as japan and ASEAN want a region not based on race (and to counter China's growing clout). Any real traction on the issue is a ways off but if NZ and Oz are accepted and are happy then benifits of a joint currency are mitigated. May even be a region wide currency. Also if NZ does have at least 1.3 trillon US dollars worth of energy (probably more if oil keeps heading north price wise) in the Great South Basin prob would be better to go the way of Norway and keep an independent economy and maintain control of our own economy. Which is the other point in any union with Oz NZ would be the junior partner and basically be told what to do - I'm not sure I'm will to have that just over the promise of maybe a percentage point or two increase in GDP. No offense of course.

[Kane007]

Originally Posted by Neitzsche

Hard to say at this point in time for a few reasons. At present the world is splitting into three economic blocs - EU, NAFTA and the proposed East Asian Community (EAC), also there is South America which at this point in time is rather disfunctional. Both NZ and Oz are in an observer status over discussions about forming the EAC as japan and ASEAN want a region not based on race (and to counter China's growing clout). Any real traction on the issue is a ways off but if NZ and Oz are accepted and are happy then benifits of a joint currency are mitigated. May even be a region wide currency. Also if NZ does have at least 1.3 trillon US dollars worth of energy (probably more if oil keeps heading north price wise) in the Great South Basin prob would be better to go the way of Norway and keep an independent economy and maintain control of our own economy. Which is the other point in any union with Oz NZ would be the junior partner and basically be told what to do - I'm not sure I'm will to have that just over the promise of maybe a percentage point or two increase in GDP. No offense of course.

Section 6 of the preamble to the Constitution of Australia Act names New Zealand as one of the colonies which could have been admitted to the Commonwealth of Australia, had New Zealand ratified the Australian Constitution by 1 January 1901. So the door could be opened again, with an Australian referendum, but NZ would probably decline again, as they did back at the end of the 19th century.

[flyin_higher]

I think a common currency is possible and would have some benefits, but NZ should definitely stay an independent country to Australia.

[SYDNEY]

I have lost count - we have won so many awards this year and here is another one for the mantle piece -

NZ rated best for natural beauty and outdoor activities

3.25pm Tuesday November 7, 2006

New Zealand has topped a worldwide survey for natural beauty and outdoor activities. It also ranked second for family activities and authenticity of culture, and third for safety in the survey of frequent travellers carried out by Country Brand Index 2006 (CBI). The results were released today at the World Travel Market, the premier annual exhibition of the global travel trade, in London.

The CBI identifies countries as brands and emerging global travel trends in the world's fastest growing economic sector - travel and tourism. Researchers surveyed over 1500 international travellers, travel industry experts and hospitality professionals, all of whom had travelled internationally at least once per year. From their comments, the researchers constructed the index, gauging what people thought about countries, where was hot and where wasn't.

Australia was ranked the top country brand, followed by the United States and Italy. New Zealand ranked eighth. New Zealand was ranked first for natural beauty an outdoor activities. It was ranked second as a destination with activities suited to families and second as the most "authentic" brand, in terms of distinctive, genuine and unique cultures. Egypt had the best architecture and monuments, Peru was the most exotic, Canada was the safest ahead of New Zealand in third place, and Italy had the best food and nightlife.

"Powerful marketing is only as good as the experience the individual has on the ground and this is something New Zealand has done brilliantly," Future Brand senior strategy consultant Dominic Mason said. "New Zealand's emergence as the number one country for outdoors is a triumph of brand experience matching the brand promise. "Governments throughout the world can look to New Zealand as a country that has fulfilled much of its potential as a country brand," he said.

[Marky Mark]

National News
NZ population increases by 43,500 in year

1.35pm Wednesday November 8, 2006


The New Zealand population has climbed by 43,500 people to 4.15 million since September last year.

Statistics New Zealand said today the 1.1 per cent increase was due to more births than deaths and more people coming to live in the country than leaving it.

The statistics also showed residents were getting older.

At September 30 2006 half the men in the country were older than 35 years and half the women 36.7 years, an increase of 2.8 years for men and three years for women in the last decade.

The total number of children living in New Zealand has decreased since 2004 by 1.1 per cent.

Overall since September 1996 the number of children aged 0-14 years has increased 1.5 per cent, people in the 15-64 age group 12.6 per cent and people 65 and older 19.7 per cent.

[Kane007]

Originally Posted by Marky Mark

National News
NZ population increases by 43,500 in year

1.35pm Wednesday November 8, 2006


The New Zealand population has climbed by 43,500 people to 4.15 million since September last year.

Statistics New Zealand said today the 1.1 per cent increase was due to more births than deaths and more people coming to live in the country than leaving it.

The statistics also showed residents were getting older.

At September 30 2006 half the men in the country were older than 35 years and half the women 36.7 years, an increase of 2.8 years for men and three years for women in the last decade.

The total number of children living in New Zealand has decreased since 2004 by 1.1 per cent.

Overall since September 1996 the number of children aged 0-14 years has increased 1.5 per cent, people in the 15-64 age group 12.6 per cent and people 65 and older 19.7 per cent.

43,500 increase, hmmm. About 39,000 of that would have gone to Auckland according to Census NZ's own, earlier modeling. 43,500 more taxpayers for Helen and Cullin to fleece - poor suckers. See its all good for the economy - it should equal another 40 thou cars, 45 thou tv's, 10 thou new houses, 15 thou new renters and so forth.

Obviousely Hell's Pizza's Lust and Condom pizza advertising is just not getting through!

[Marky Mark]

Originally Posted by Kane007

43,500 increase, hmmm. About 39,000 of that would have gone to Auckland according to Census NZ's own, earlier modeling. 43,500 more taxpayers for Helen and Cullin to fleece - poor suckers. See its all good for the economy - it should equal another 40 thou cars, 45 thou tv's, 10 thou new houses, 15 thou new renters and so forth.

Obviousely Hell's Pizza's Lust and Condom pizza advertising is just not getting through!

Ive heard about the Condoms and Pizza LOL

[dubious]

Originally Posted by Kane007

See its all good for the economy - it should equal another 40 thou cars, 45 thou tv's, 10 thou new houses, 15 thou new renters and so forth.

But that nice man Mr Cullen has been telling us that spending our money on things is bad for the economy. Now I just don't know what to think

[Kiss the Rain]

Originally Posted by dubious

But that nice man Mr Cullen has been telling us that spending our money on things is bad for the economy. Now I just don't know what to think

I dont think it's valid to just simply something is bad for economy, as pretty much everything in economics is in two way.

For example, people would general accept that economic growth is desirable, but it also creates inflation. Any change in economy has its postive and negative effects of it.

[SYDNEY]

New Zealand Ranks 20th As Best Place To Live

Tuesday, 14 November 2006, 2:26 pm

No matter how cold its winter, or inhospitable the north of the country, Norway is the best place to live according to a recently publish UN report. Iceland is second. The report, compiled by the United Nations Development Fund, the biggest UN entity by budget and foreign offices, ranks 177 countries according to a so-called Human Development Index (HDI). New Zealand, with a score of 0.936 ranks 20th, right after the United Kingdom (0.940) and Spain (0.938). Germany, with a score of 0.932, places 21st in the listing. New Zealand’s score has been steadily improving since the late 90s: in 1995 it was 0.906, while in 2000 it was 0.925.

This year’s Human Development Index, which refers to data from 2004, highlights the very large gaps in well-being and life chances that continue to divide our increasingly interconnected world. By looking at some of the most fundamental aspects of people’s lives and opportunities it provides a much more complete picture of a country’s development than other indicators, such as GDP per capita. “Human development index trends tell an important story,” the report reads. “Since the mid-1970s almost all regions have been progressively increasing their HDI score. East Asia and South Asia have accelerated progress since 1990. Central and Eastern Europe and the Commonwealth of Independent States (CIS), following a catastrophic decline in the first half of the 1990s, has also recovered to the level before the reversal. The major exception is Sub-Saharan Africa. Since 1990 it has stagnated, partly because of economic reversal but principally because of the catastrophic effect of HIV/AIDS on life expectancy.”

[shrewd.user]

the HDI is definately a good indicator of a properous and developed economy.

http://en.wikipedia.org/wiki/Human_Development_Index