New Zealand
New Zealand Temporary Permit Holders Keep Jobs
Any foreign worker who is in new Zealand on a temporary work permit has the right to work while that permit remains valid.
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New Zealand House Price Fall Continues
The average sale price of a house in New Zealand was $383,786 (£138,017) in February. Over the calander year, there has been a 8.9 percent drop in property prices. New Zealand’s average house prices are not directly comparable with the UK’s because, unlike the UK, the average home in New Zealand is a detached bungalow.
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New Zealand Part Time Work Increasing
In New Zealand, recent employment growth has been concentrated in service-based industries, particularly education, and transport, storage and communications. However, the number of people employed has fallen in the agriculture, construction and manufacturing industries.
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New Zealand Average Property Price £138,000
For newcomers from the UK, houses in New Zealand have not been so well priced for some time. The average sale price of a New Zealand home has decreased to $375,408 (£138,017) from October’s $379,854 (£139,652). Property values have now declined 6.8 percent over the calander year.
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No Spring Boost for New Zealand Properties
Indications last month that a more optimistic mood had come over the New Zealand property market have evaporated. For newcomers from the UK, houses in New Zealand have not been so reasonably priced for some time.
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