Biggest worry here (NZ) is the housing market, mainly Auckland, cost of ownership is 10x earnings....Our economic growth is connected to population growth due to immigration.
The opposition wants immigration severely reduced.
another cut may be pouring petrol on the housing problem.
one of our biggest earners was dairy and that's down at present, like copper../ .tourism has now taken over.
Ann: Results of Annual General Meeting-AVB.AX, page-292
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