Will Kiwis Say “Hello” To Deflation?

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  • Опубліковано 19 лис 2024

КОМЕНТАРІ • 33

  • @X-157.98
    @X-157.98 Місяць тому +3

    Cheers Martin. On my lunch break in Porirua, NZ

  • @greghearn7814
    @greghearn7814 Місяць тому +6

    Thanks Martin great video

  • @louisejoel
    @louisejoel Місяць тому +8

    Council rates are insane and in part for extra services that aren't used by most. Costs a fortune just to go for a walk in the park

    • @grantourismo0109
      @grantourismo0109 Місяць тому +5

      The park are built by contractors who took the profit

    • @mylimomelbourne4757
      @mylimomelbourne4757 Місяць тому

      British PM Rishi Sunak proposes mandatory national service for 18-year-olds if reelected , could this happen and is it entirely possible in NZ and Australian? Absolutely, ATO is issuing warnings, millions upon millions working in government and no one in the military, council rates out of control taxes sky high and energy prices tax beyond belief

    • @redsed1565
      @redsed1565 Місяць тому

      send it back with no contract written on it!

    • @louisejoel
      @louisejoel Місяць тому

      @@redsed1565 It's not my bill I'm a renter. It's just really weird that I have to effectively pay for some of the services twice when they are already paid for by the public.

    • @louisejoel
      @louisejoel Місяць тому

      @@mylimomelbourne4757 Good way to get fit, people are so unhealthy these days. Would be better if optional

  • @richarddobosz6174
    @richarddobosz6174 Місяць тому +2

    Great presentation thank you

  • @bensloan1206
    @bensloan1206 Місяць тому +3

    Hi Martin, there are thousands of job losses happening especially in the public sector in Wellington, how do you see that playing out with house prices, Lag effect this time next year?

    • @louisejoel
      @louisejoel Місяць тому +2

      This happened in about 2012 as well. I stupidly moved to Wellington when there was no work there and newcomers were given dirty looks for showing up. I left as there was no opportunity or work I could do.

  • @Andy-rg2xd
    @Andy-rg2xd Місяць тому +3

    Hi Fellow Kiwi's, hope you are ok. Are your potholes being fixed? A 4WD almost mandatory in Victoria to get out of our potholes

    • @louisejoel
      @louisejoel Місяць тому +1

      Lol no but I am an expert at spotting them when someone else is driving.

  • @bruce4130
    @bruce4130 Місяць тому +1

    Cutting rates doesn’t stimulate the economy, data from decades shows this has been happening over a decade over!

  • @Herman-hr2ti
    @Herman-hr2ti Місяць тому +4

    Always on point!

  • @grizzz6884
    @grizzz6884 Місяць тому +2

    about 3 weeks back , you could get a 5 year fixed rate of 5.99 , which i thought was a good deal .
    but for the bank to offer that rate they know , that rate will be going lower .
    no banker today gets pulled up for righting dodgy loans , the wet bus ticket is to easy to take .
    so if the banks wanted to right loans they would , they are choosing not to , why?

  • @jennylau83
    @jennylau83 Місяць тому +1

    pot holes not fixed..we also have manholes deep as poy holes..speed bumps as high as 1 meter..with rates thats getting close to your salary😅😅

  • @InfinityIsland2203
    @InfinityIsland2203 Місяць тому +3

    So does this mean Australian property prices to grow another 15% this year?

    • @louisejoel
      @louisejoel Місяць тому

      I'm not going to complain about new authoritarian measures if the house prices go down as a result

    • @zwarst
      @zwarst Місяць тому

      Of course we got treasure island is abundant in houses, mines & gas in that order.

    • @bruce4130
      @bruce4130 Місяць тому +1

      Mortgage rates may drop slowly as banks tend to do, but interest rates rate declines indicate a a weak economy where no employment growth occurs and later on unemployment rises! So Interest rates cuts don’t necessarily mean investors willingly invest more

    • @AUThePunisher
      @AUThePunisher Місяць тому

      some, yes, most not

  • @grizzz6884
    @grizzz6884 Місяць тому +1

    all of our inflation is from housing . until that inflation is tamed , inflation will carry on .
    as for kiwi failed business men , from 95 on the have based their business around , tax deductions , tax advantage , and laws changed to make them a profit.
    when you run your business at a lose to play the tax game , you are being farmed by the government

  • @runforrestrun1965
    @runforrestrun1965 Місяць тому

    House prices finally falling is welcomed by the vast majority and will now begin to make home ownership back on the horizon (if even in a small way currently) for new home buyers after years of inflated cost put home ownership out of the reach of many. Going from one of worlds most overheated insanely overpriced housing market to a more fundamental basis means a far better outcome for all except those wishing to rapidly buy and sell property quickly as their path to wealth. Bring dow the ratio of income to house cost benefits more in the long run, as well as social cohesion with more people in their own home. A good thing.

  • @geoffnolan978
    @geoffnolan978 Місяць тому

    Isn’t it Kia Ora

  • @WhtwaBBiT
    @WhtwaBBiT Місяць тому +1

    Receiving "Bitcoins" is the same as saying we can receive "Golds" should say "We receive Bitcoin" (and if you were really smart you would receive "Monero", what Bitcoin noobs though they were buying)