Charismatic

Link

Unemployment rises to 6.6%.

DC10

... and expects a new recession for the UK.

Justcol

Cant do nowt about it so ain't gonna worry about it

sheene

I agree with the sentiment that the world economy is in dire straits, not just NZ, but why does everything have to turn into a NZ v UK battle?

BEVS

or an NZ v OZ one.

Tough times all round.

Genesis

And interest rates may come down next Thursday such is the global turmoil predicted in the coming months. Hopefully we will continue to watch the kiwi $ decline in value as it so rightly should for exporters and those with money we wish to change to kiwis!!

DC10

not looking for a "battle"

i think it's only sensible, on a forum of this kind, to quote figures like that in perspective

sheene

The NZ v OZ, or NZ v Anywhere else, seems much less prevalent on here. It is the same on the OZ forums, always battles between OZ and the UK, rarely Oz v NZ. We all do it to an extent I suppose, so I suppose we should all stop looking over our shoulder. Comparisons are needed, for those thinking about change, and if someone has posted something about a country which is wrong, perceived or otherwise, then that should be discussed. The OP did not mention the UK - why should he, but it pretty soon descended into the old NZ v UK debacle in, lets see, 1 post!

sheene

Neither am I, but if you want real perspective - shouldn't you compare with other countries, not just the UK?

DC10

If this was the Russian expats forum I would definitely have included the Russian numbers

sheene

Why not include them here - it would add some breadth, some interest and be less predictable. Actually, scrub that - going to go and tinker with my bike.

scrubbedexpat094

Only one thing for it :drink wine:

Charismatic

Russia isn't a fully developed economy though, like saying NZ is worse than India because our growth rate is lower .

The only point of an OECD comparison is to see how our governments direction compares to others, which strategy carries highest reward? Of course traditionally we promptly ignore the obvious and carry on regardless anyway. After all governments can't go changing policy just because what they are doing isn't working, what kind of a state would that leave the country in?

Robbo25

Here's one article comparing NZ with Oz in regards to unemployment http://www.nzherald.co.nz/business/n...ectid=10768735

Stormer999

To all of the Oz people in Oz and the Kiwi,s in NZ it may sound a battle but to potential Immigrants the 'comparison' can sometimes be helpful, mabe if not the final decision, then relevant to final timing plans.