Changing market conditions
We see and hear a lot of things from the market and people we work with, and on the most part its usually quite positive.
But recently we have had a raft of reports that suggest that we are in for some rough seas with our economy. Trade deficit double what was expected, tough housing market in Australia expected to be tougher, housing here softening significantly, and general job data fairly stagnant.
Therefore we think we are in for some impact from unexpected directions. Which suggests people need to be thinking about redundancy insurance in their plan, if a 3-6 month job loss is going to put you under pressure.
Softening Aussie markets mean less spending, which means less income for NZ, which impacts businesses here, and that flows through to jobs in ways most don't expect.
We’re already seeing movements, and we are starting to see more redundancies than we normally would.
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Poll: Do you think NZ should ban social media for youth?
The Australian Prime Minister has expressed plans to ban social media use for children.
This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.
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85.2% Yes
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13.8% No
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1% Other - I'll share below
Riddle Me This, Neighbours! Bet You Can’t Guess It!
Sometimes narrow, sometimes wide, wind or rain, I stay outside.
Even if there’s heat or snow, from house to house I will still go.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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