Brent Layton Quotations

Migration has slowed appreciably since 2003 and the residential construction market has caught up with the backlog; so the volume of house construction will return over the next eighteen months or so to levels close to those experienced before the migration surge hit.

When they do return, there is the positive effect of training and ideas and so forth.

We raise the prospect here that New Zealand has already fallen into a recession.

But people also form expectations in other ways - from their order book and information in the marketplace and the media.

The results of this QSBO survey suggest the economy is presently in the throes of a potential acute slowdown.