The tricky truth behind our falling homeownership rate

BNZ’s Chief Economist Tony Alexander reflects on trends in Auckland’s housing market.

Much has been made of data released in recent years showing a downward trend in the rate of home ownership in New Zealand from an estimated 74% in 1991 to an estimated 65% in 2013. There are many problems with the calculation including a lack of knowledge of who owns about 20% of the country’s housing stock and houses moving into family trusts. Continue reading…

Growing pains: Tips on managing business growth from 3 fast growing companies

There are 450,000 small and medium enterprises (SME) operating in New Zealand, accounting for nearly one third of our country’s total GDP. In the words of BNZ CEO, Anthony Healy, the sector is a deep reservoir of employment, talent, innovation and sheer bloody hard work. Continue reading…