As the population ages, the demand for various products and
services will change in the regions, along with other parts
of New Zealand, the NZIER report on regional economies says.
New Zealand's creative industries contribute about $3.6
billion a year to the country's gross domestic product (GDP),
a size similar to the contribution from the forestry sector,
a new report shows.
Markets reacted positively to news yesterday the United
States Federal Reserve was planning to stop buying bonds in
Warmer June weather hurt apparel spending, a key sector for
New Zealand listed retailers, Forsyth Barr broker Haley Van
Leeuwen said yesterday.
Dunedin-based Pacific Edge is taking its bladder cancer
diagnostic technology directly to New Zealanders through the
launch of an e-commerce platform, which will become live in
about two weeks.
The New Zealand dollar is likely to move higher as New
Zealand's interest rate advantage with other nations remains
The flat outcome in retail spending in June was softer than
expectations but does not change the view of a continued
improvement in underlying household spending.
The Government is stepping up its emphasis on attracting
regional investment as the election campaign gathers
The Government's much-touted financial surplus remains
elusive, with the operating loss for the 11 months ended May
coming in higher than expected and tax revenue still proving
Otago is a leading region for tourism, superior wool
production, winemaking, design and specialised manufacturing,
the regional profile released yesterday says.
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