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Thread: What does a strong NZ$ mean for prospective immigrants?

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    SteveyC's Avatar
    SteveyC is offline Right Royal Pain In The Posterior
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    Default What does a strong NZ$ mean for prospective immigrants?

    I wondered if anyone with a more economics orientated brain would be able to spell out what this means for people hoping to move to NZ?
    I thought that whilst savings we bring over won't mean so much, wages earnt in NZ will in theory be higher relative to world economy. Are there any other implications from NZ strong economic growth?

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    fisheress's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    I don't know ......but the word is out that the dollar can't continue as strong as it is and that it will weaken next year.................hence we're going to rent and change our money when it does (if we don't desperately need it before).

    The bank of NZ do have accounts where you can leave your money as sterling until the day you choose to change it, but I think the interest rates are less than leaving it in England.........but the exchange rate might change again before the transaction from England happens. Swings and roundabouts I think.

    Fisheress

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    Taffy's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    Interest rates will also go upwards fairly soon, taking your mortgage interest over andabove the 8.8% average it is at the moment!
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

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    SteveyC's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    Jeez 8.8% on mortgages? :icon_eek: :icon_eek: :icon_eek: :icon_eek: Bankings dear over there aint it.

    I must admit it's one t I havn't crossed. I have no idea what to do with my money when I fly out. No Idea at all hehe.

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    Default What does a strong NZ$ mean for prospective immigrants?

    [quote:eb63f48b34="SteveyC"]Jeez 8.8% on mortgages? :icon_eek: :icon_eek: :icon_eek: :icon_eek: Bankings dear over there aint it.

    I must admit it's one t I havn't crossed. I have no idea what to do with my money when I fly out. No Idea at all hehe.[/quote:eb63f48b34]

    [size=1:eb63f48b34]give it to James!!! give it to James!!!![/size:eb63f48b34]

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    Taffy's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    You and your flipping 'subliminal' messages, James!!
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

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    SteveyC's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    hehe he's barmy!!!!!!!

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    Default What does a strong NZ$ mean for prospective immigrants?

    [quote:471706dfe0="Taffy"]You and your flipping 'subliminal' messages, James!![/quote:471706dfe0]
    :icon_cool: :icon_cool:

    [size=1:471706dfe0]Milk is evil.....do everything James says......join al sheepa....wait, I don't know how to get someone to join al sheepa, I suppose I need paperwork......ooooh welllll[/size:471706dfe0]

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    selchie's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    I'd guess that a strong NZdollar would increase the Kiwi buying power in the world, but have no idea how much it would improve costs of imported goods.

    [size=7:d737e386ec]Stevey should really give his money to his bestest friend in the world, Selchie[/size:d737e386ec]
    If men had wings and bore black feathers, few of them would be clever enough to be crows.
    - Rev. Henry Ward Beecher, mid-1800s

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    Taffy's Avatar
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    Default What does a strong NZ$ mean for prospective immigrants?

    Don't you start with Al Sheepa style messages!!

    Or are they Al Kittya messages?
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

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