Alex Tarrant presents an economic weather report in association with ASB. Today we look at net migration of Kiwis to Australia. This has been dropping off sharply in recent months as less NZers leave for across the Tasman. Arrivals of Kiwis from Aus are only up slightly. But will this last? It may be the case that Kiwis who have been holding back from the move may decide to go in December and January as Australia's economic prospects pick up and New Zealand's remain subdued.
As more and more kiwis lose their jobs, they will soon sell everything and go to Australia - especially all the Indians who are only waiting for NZ citizenship to flee NZ.
xfiles987 2 years ago
mar faber says it will collapse in first quarter of 2010.
in 1987 mar faber sent out messages to his clients to get out of the stock market. 2 weeks later it crashed. in 2008 he said stock market will hit bottom hard in Mar. 2009 and rally hard in Sept. 2009. it did on those two on record level.
i believe marc faber because he had correctly made the right calls before. he works in the stock market for over 25 years and has Ph.D. in economic.
check this video: /watch?v=uRqtsUBewVk
KhmerD0g 2 years ago
What makes you so sure it will happen in January, 2010?
cybersphere 2 years ago
how about i do my own weather report. the world economy is collapsing starting first quarter of 2010. get out of the stock market starting January 2010. doom day is coming. buy gold and precious metals. u will be sorry if u didn't
KhmerD0g 2 years ago