2015 looks like being another good year for the NZ economy, and NZ businesses in general. The list of positives includes GDP growth of around 3%, strong employment growth, high business confidence levels, inflation less than 1%, and continuing low interest rates.
There are some negatives as always, being the high NZ/Aus dollar which is likely to remain the case for some time. Also our largest trading partner, China, is moving into more difficult times with GDP down and excess capacity in many manufacturing areas, along with vacant buildings signalling an end to the property boom.
The ANZ Truckometer is pointing to plenty of momentum in the domestic economy. With construction, the Christchurch rebuild and primary produce exports spearheading economic activity and growth, along with a buoyant services sector, and of course a stable third term government, 2015 is looking pretty good indeed.
On the GETBA front, I encourage you to explore our improved website and take advantage of some of the new features and services available to East Tamaki businesses. These include a member Notice Board, Jobs Board, and a For Sale and Lease section where you can find all East Tamaki commercial industrial sales and leasing opportunities in one place. You can quickly check out on the home page the latest local news, what’s on, and there are also quick links to the numerous inside pages with information and resources of value to local businesses. Do take a look!
Richard Poole