25 March 2010

New Zealand economy expands at fastest level in two years

Visa Bureau is not affiliated with the Australian Government but is an independent UK company. Australian visas are available from the Australian Government at a lower cost or for free when you apply directly. Our comprehensive visa and immigration services include immigration advice from registered migration agents, a 100% success rate, document checking and expedited visa processing.

The New Zealand economy grew swiftly in the fourth quarter as manufacturing revived and companies built up inventories that had run down through the recession.

New Zealand visa

The New Zealand economy has picked up momentum for the first time in two years.

Statistics New Zealand confirmed that gross domestic product expanded 0.8 per cent in the final three months of 2009, and growth in the third quarter was revised up to 0.3 per cent from 0.2 per cent.

New Zealand economy's recovery is picking up growth faster than expected by the central banks, and the results indicate businesses were confident in the economic recovery and increasingly preparing for the future.

In particular the inventory rebuilding process and business investment hit a strong pace earlier than was expected, which suggests that the positive sentiment in business surveys were being translated into action.


The New Zealand Visa Bureau is an independent consulting company specialising in helping people with their New Zealand Immigration applications to the New Zealand Embassy.

 


Bookmark and Share