Weekly Digest – 7 September 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.
Real estate sector not worried about dropping values
Auckland houses are losing value for the first time in years, but Sophie & Wallace Real Estate spokesperson Wallace D’Costa says the fluctuations are normal and there’s no reason to be concerned about a property value crash.
Agribusiness sees a bright future ahead
This winter has been particularly gruelling for farmers, with bad weather, persistent lack of workers, ongoing supply chain issues, and a slew of new regulations. However, those in the field say they are optimistic about the future.
How our habits evolve as things get more expensive
New figures show that our habits are changing as inflation soars and the cost of living bites. We’re switching to more economical bulk purchases, favouring cheaper frozen foods over fresh, and downsizing our luxury purchases.
Inflation rates likely to remain high but not rise further
New economic predictions from ASB and the Institute of Economic Research show that inflation has likely peaked. However, the groups feel certain that it will remain high for many years to come.
Wonky Box sees demand for its imperfect fruit and veggies double
The subscription service saves “wonky” produce that would otherwise be headed to landfill, packages it up, and delivers it straight to your door. “At the end of the day, it all tastes the same on the inside,” says Wonky Box co-founder Angus Simms.
You can soon edit your tweets, but only if you pay
Twitter teased the long-requested feature last week. Starting later this month, users who subscribe to the premium Twitter Blue service for $8.05/month will gain the ability to edit a tweet after it’s been posted.
Engage with your employees and ensure fairness to avoid “quiet quitting,” recruiter warns
Recruiting agency Hays is warning employers that “quiet quitting” is going to increase along with increases in overtime, which was shown to have risen at 39% of agencies last month. The trend sees employees perform the bare minimum at their jobs if conditions are unfavourable and has taken the Internet by storm.
ANZ offering 1.5% discount on loans supporting green initiatives
ANZ is the latest bank to offer discounted loans to businesses funding green initiatives such as energy efficiency, renewable energy, sustainable land and water use and building, renovating or purchasing of green buildings.
How inflation affects your specific household
Stuff has created a tool that lets you calculate a personalised inflation rate, based on your income, who lives in your household, and a few key features of your household spending. It can be accessed here.
Get in touch
Contact us if you have any questions or want to discuss the next steps for your business.