Wednesday, July 27, 2011

House Price Plunge in Australia (and New Zealand?)

This is a worthwhile look at the housing market in Australia. The New Zealand situation probably has many similarities. We are seen as being 'tied to the hip' with Australia in economic terms. There have been warnings of impending doom here in New Zealand, but only from a few commentators.
Aired - Fri 22nd of July 2011 on Channel 7 in Australia.

Gold in New Zealand dollars: $1856.36 per oz
Previous all time high: $1955.10 per oz

Silver in New Zealand dollars: $46.68 per oz
Previous all time high: $59.19
per oz
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The Anglo-Far East Company
The Original Private Bullion Custodian
Your reference: an-001
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