BNZ Confidence Survey Results - March 2016
Our first quarterly BNZ Confidence Survey for 2016 has unsurprisingly shown that the dairying sector is extremely
pessimistic and experiencing hard times while record optimism prevails in tourism where visitor numbers and spending are
booming. The weakness in dairying is starting to spread out but construction around the country is very strong, regional
housing markets are lifting, and in Auckland while real estate comments are highly mixed it is interesting to note some
respondents observing more Chinese buyers recently.
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