All confidence going slowly, will .50 be the new low ?
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All confidence going slowly, will .50 be the new low ?
Interesting segment on this mornings breakfast show on TV1 https://www.tvnz.co.nz/shows/breakfa...odes/s2018-e22 about the 7.30 a.m. mark from memory, wherein they talked about the very low number of new babies being born. Apparently we're still towards the upper end compared to most OECD countries of a sharply down turning trend in new babies being born but its a widespread global phenomenon. Headwinds in the medium term for this sector ? We have seen the net result of a relatively minor drop in the occupancy rates for these facilities and it isn't pretty. What if occupancy rates get worse ?
yep there's lies, damn lies and statistics. They low number of babies they were talking about was the increase of 180 from 2016. 59,430 live births in 2016 which increased to 59,610 in 2017.
As appears regularly in the media, there's been a lot of inwards migration lately to NZ. This inward migration is not evenly distributed across all ages, its heavily focused towards those aged in their twenties and early thirties. The net result is a higher population in "child bearing" age. Divide a small increase in births by this even bigger increase population and you get a headline around dropping birth rates.
Digging a little further at Stat NZ, there was an estimated female nz resident population aged 25-34 of 282,610 in 2012 (with a similar average over the preceding 10 years). In the comparatively short space of five years, the 2017 estimate was 23% higher at 348,490. That's a huge shift in the NZ population. We have never had this many females in NZ in the key child bearing ages. It hasn't yet created a baby boom, but it might.
My speculation is that a lot of the increase has come from people that are still settling into living in NZ. For the moment its headline grabbing declines in fertility rates. It may become an age group having families which could easily take birth rates to record levels. 2017 was neutral, what will the next few years be?
Gun safety ......hmmm
http://www.nzherald.co.nz/nz/news/ar...ectid=12021233
Jeez... not one buy order now at the moment...
Since November in spite of all the bad news BNZ have been buying .....almost every day
Amazing list of transactions
http://nzx-prod-s7fsd7f98s.s3-websit...905/277868.pdf