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NZ consumer confidence highest since Lehman collapse in Roy Morgan survey

Posted in News

New Zealanders are now more confident about their personal financial situations and economic conditions over the next year, the latest Roy Morgan Consumer Confidence Rating shows.

The rating rose 1.8 points from the last survey half a month ago to 105.8, its highest level since the Lehman Brothers collapse in September 2008.

Half (up from 49% in the previous survey) of the survey's respondents said they expected their families to be better off financially in a year's time, compared to 20% (down 4%) who said they expected to be worse off. However, those expecting 'good times' for New Zealand over the next five years fell to 54% of respondents (down 3%). This compared to 20% (down 2%) who expected worse times over the next five years.

The amount of respondents who considered their families to be worse off now than a year ago rose very slightly to 42%, while 24% (down 3%) said they thought their families were better off.

The level of respondents who thought now was a good time to buy major household item also rose slightly, to 45%, while 39% (down 3%) said now was a bad time to to buy major items.

The survey was carried out between May 4-17 and had 1,117 respondents throughout the country aged 14 and over.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

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The survey was carried out

The survey was carried out between May 4-17 and had 1,117 respondents throughout the country aged 14 and over.

You got to be kidding,how many 14,15 and 16 year olds did they ask?

I've been on about this

I've been on about this very same matter Andrewj. As far as I am concerned, such surveys are rubbish. Pointless garbage. How many 12 year olds said they were 14? How many were bunking school when the phone rang?

Just had a sick feeling.

Just had a sick feeling. If we are being deluged in surveys of this quality where children are asked to make judgements when they can barely spell the word, isn't it a warning that maybe we should be stocking up on beans, shotgun ammo and getting the bomb shelter good and ready?

Well put, Kim Il Wally!

Well put, Kim Il Wally!

Also of concern with surveys

Also of concern with surveys is the idiots who set the questions so often if they had 1/2 a brain they would die of confusion.
eg the ASB...

something like this...are you confident to purchase a home at this time?

I would have to answer correctly "yes"
The same answer I would give any time....
Anytime is the right time if the price is right...

Roy Morgan Consumer Confidence Rating

Roy Morgan Consumer Confidence Rating - who pays for this garbage and what is the point?

Alex - thanks for publishing this survey, I had a good laugh.

Geez Janet, shotgun ammo aint

Geez Janet, shotgun ammo aint like nukes. Granted the baked beans
leave an awful contamination when used. You expect me to drop a boar
with a spud gun! Them sods is dangerous. Worsen politicians.

Dunno, Wally. Depends which end

Dunno, Wally. Depends which end of the ammo you're on. Besides. Worsen politicians? I knew a NSW one, way back, and was always amased at how lucky he was buyin' that cheap industrial land just before it got rezoned....At least you can see the boar a comin'....

Just for fun, many may

Just for fun, many may have already read this, my daughter sent it to me a few weeks ago,some light entertainment before Mr English ruins your day.

Pocket Tazer Stun Gun, a great gift for the wife... OR DAUGHTER! (Hint. Hint)

A guy who purchased his lovely wife a pocket Tazer for their anniversary submitted this:

Last weekend I saw something at Larry's Pistol & Pawn Shop that sparked my interest.
The occasion was our 15th anniversary and I was looking for a little something extra for my wife Julie. What I came across was a 100,000-volt, pocket/purse-sized Tazer.
The effects of the Tazer were supposed to be short lived, with no long-term adverse affect on your assailant, allowing her adequate time to retreat to safety....??

WAY TOO COOL! Long story short, I bought the device and brought it home.
I loaded two AAA batteries in the darn thing and pushed the button.

Nothing!

I was disappointed. I learned, however, that if I pushed the button AND pressed it against a metal surface at the same time; I'd get the blue arc of electricity darting back and forth between the prongs. AWESOME!!!

Unfortunately, I have yet to explain to Julie what that burn spot is on the face of her microwave.
Okay, so I was home alone with this new toy, thinking to myself that it couldn't be all that bad with only two triple-A batteries, right?

There I sat in my recliner, my cat Gracie looking on intently (trusting little soul) while I was reading the directions and thinking that I really needed to try this thing out on a flesh & blood moving target.
I must admit I thought about zapping Gracie (for a fraction of a second) and thought better of it.
She is such a sweet cat. But, if I was going to give this thing to my wife to protect herself against a mugger, I did want some assurance that it would work as advertised.

Am I wrong?

So, there I sat in a pair of shorts and a tee shirt with my reading glasses perched delicately on the bridge of my nose, directions in one hand, and Tazer in the other.

The directions said that a one-second burst would shock and disorient your assailant; a two-second burst was supposed to cause muscle spasms and a major loss of bodily control; a three-second burst would purportedly make your assailant flop on the ground like a fish out of water. Any burst longer than three seconds would be wasting the batteries. All the while I'm looking at this little device measuring about 5' long, less than 3/4 inch in circumference; pretty cute really and (loaded with two itsy bitsy triple-A batteries) thinking to myself, 'no possible way!' What happened next is almost beyond description, but I'll do my best...?

I'm sitting there alone, Gracie looking on with her head cocked to one side as if to say, 'don't do it dipshit,' reasoning that a one second burst from such a tiny little ol' thing couldn't hurt all that bad. I decided to give myself a one second burst just for the heck of it. I touched the prongs to my naked thigh, pushed the button, and . . . HOLY MOTHER OF GOD . . . WEAPONS OF MASS DESTRUCTION . . . WHAT THE HELL!!!

I'm pretty sure The Hulk ran in through the side door, picked me up in the recliner, and then body slammed me on the carpet, over and over and over again.

I vaguely recall waking up on my side in the fetal position, with tears in my eyes, body soaking wet, both nipples on fire, testicles nowhere to be found, with my left arm tucked under my body in the oddest position, and tingling in my legs?

The cat was making meowing sounds I had never heard before, clinging to a picture frame hanging above the fireplace, obviously in an attempt to avoid getting slammed by my body flopping all over the living room.

Note : If you ever feel compelled to 'mug' yourself with a Tazer, one note of caution: there is no such thing as a one second burst when you zap yourself!

You will not let go of that thing until it is dislodged from your hand by a violent thrashing about on the floor.
A three second burst would be considered conservative?

A minute or so later (I can't be sure, as time was a relative thing at that point), I collected my wits (what little I had left), sat up and surveyed the landscape. My bent reading glasses were on the mantel of the fireplace.

The recliner was upside down and about 8 feet or so from where it originally was. My triceps, right thigh and both nipples were still twitching. My face felt like it had been shot up with Novocain, and my bottom lip weighed 88 lbs. I had no control over the drooling. Apparently I sh1t myself, but was too numb to know for sure and my sense of smell was gone. I saw a faint smoke cloud above my head which I believe came from my hair. I'm still looking for my nuts and I'm offering a significant reward for their safe return!!

P. S. My wife loved the gift, and now regularly threatens me with it!

'If you think Education is difficult, try being stupid.'

You've got to make sure

You've got to make sure jeremy in, wherever-it-is- he lives, gets this! Nail it to the milking shed along with your other note.. and pass the tissues so I can wipe the tears out of my eyes...Who cares about the budget now...... Thx Andrewj

Great post Andrewj, got me

Great post Andrewj, got me snikkering at my 'puter much to the surprise of the others round here!