Economic Weather Report November 18, 2008

Panel 1
5 Silver linings
Lower interest rates
Lower petrol prices
Lower NZ dollar
Lower house prices
Lower used car prices
November 18, 2008



Panel 2

Takes time to rollover
Credit not so easy
Lower LVRs
November 18, 2008




Panel 3

Lower petrol prices
$2.17/ltr to $1.67/ltr
Crude price dropped
November 18, 2008




Panel 4
But NZ$ fell
Great for exporters
Provinces, farmers
Not good for importers
Consumers or travelers
November 18, 2008



Panel 5
Lower house prices
Down around 10%
Could fall 30%
Good for 1st home buyers
November 18, 2008




Panel 6 (with pic)
Cheaper used cars
Lower Japanese imports
Car yards go bust
Repossession sales
November 18, 2008
November 18, 2008

Category:

People & Blogs

Tags:

• Economic
• Weather
• Report
• November
• 18
• 2008