New Zealand's love affair with housing continues unabated, as
February residential property values rose nationally 6.4% on
a year ago - or 20.3% above the market peak of late 2007.
Whole milk powder prices were the standout gainer of
commodities in February but, with other commodities falling
for a third consecutive month, the ANZ commodity price index
is down 16.6% on a year ago.
Port Otago will start a month-long trial of harbour dredging
soon to assess the suitability of its suction dredge vessel
New Era to undertake the ''Next Generation'' dredging
Finance Minister Bill English
says the prospects for young people seeking jobs in the
construction industry are now better than ever.
Artbay Gallery owner Pauline Bianchi is always looking at
ways to overcome obstacles for her customers.
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