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…

BNZ Startup/Standup: Be prepared for anything

Hannah Habgood’s parents separated a decade ago. While her dad has found a new partner, her mum is still living the single life. Hannah says that even though her mum is quite happy and leads a busy life filled with family and friends, watching her occasional dabbles with traditional dating websites was all it took to plant the seed for creating a dating site that’s a little bit different to the rest — they call it The Sea. 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…

BNZ Startup/Standup: Make it memorable

Sometimes it’s the simplest ideas that make the biggest splash in the world of mobile apps. And that’s exactly what Paul and Simon Webby are hoping to do with their idea for a casual gambling app that lets friends make quick $1 bets on anything from sport to when someone’s baby might be born. Continue reading…