13 Jun 2017
Opinion
Auckland Apartments Scaring Off Potential Buyers
Paul Keane

I sense that the apartment market in Auckland has gone off the boil.  From general chit chat with those in the industry, it seems that apartments above a threshold of about $800,000 are proving more difficult to sell. Recent visits to new apartments in the process of being completed and almost ready for occupation suggests the size and layouts will be a challenge for the future.

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06 Jun 2017
Opinion
Talk of shopping centre decline, truth or just gossip?
Paul Keane

I really struggled over the weekend with stories as to the potential decline and future of shopping centres. Two story's relating to this was in the NZ Herald, and a lead article on TV One News - suggesting that the Wellington CBD was affected by a decline in retail sales. In fact the latter report suggested that the CBD was 0.7% down on sales. How come these stories emerge? I am not sure frankly, but I put it down to people making stories up out of nothing.

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29 May 2017
Opinion
From the Supermarket to Demand for Specialty Food Shops
Paul Keane

I had a call last week from a member of the media asking me for comment on the future of Big Box retailing. In the face of closure of a number of the stores across the USA, it seems that there is a focus currently worldwide on the future of department stores and larger retailers.  My opinion is that there is no current need to worry.  In New Zealand there has been a focus on The Warehouse Group, and some people suggested that Kmart were eating into The Warehouse’s market share.

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22 May 2017
Opinion
Credit Card Fees and How the Consumer is Paying the Price
Paul Keane

Just recently I had to cancel a number of Air New Zealand flights due to being unable to travel on the given dates. It wasn't the airlines fault; it was just one of those unavoidable circumstances. However, when looking at the costs, I became aware of the "extras" that were attached to each fare. In the case of the domestic flights, a "card payment fee" of $6.96 applied per flight and in the case of the International flights, a service fee of $70 applied to the booking.

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15 May 2017
Opinion
The Heart of the CBD is Alive and Well in New Zealand
Paul Keane

The resurgence of the various central business districts throughout New Zealand is never more prevalent than at present.

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