The Australian and New Zealand dollars resumed their upward march on Thursday as domestic data spoke of continued economic recovery, while markets globally looked ahead to more stimulus in the United States under President Joe Biden.
The exception was the tourism sector, due to the closure of international borders. Westpac said that while job opportunities were improving, earnings growth remained soft. Respondents reported a sharp drop in past earnings since June, and there was only a small pickup in December. ‘’Expected earnings growth over the year ahead rose, but it remains near its historic lows.’’ Confidence amongst employees in the private sector rose significantly since September but remained pessimistic at 96.6, up 12.9 points. Public sector employees were cautiously optimistic at 100.3, up 4.3 points. There was also slightly less confidence among young people (18 to 29 years), where sentiment fell 3.2 points to 95.
Letters: Simon Wilson and therapists, John Roughan, house prices and Kiwibank
8 Jan, 2021 04:00 PM
7 minutes to read
NZ Herald
Letter of the week: Larry Mitchell, Rothesay Bay
Simon Wilson s Diary Love Rises Up (Weekend Herald, January 2) is a magnificent and beautifully crafted paean to the nursing and caring people who day after day show their compassion and love for those undergoing challenging medical treatment.
His observations apply to all carers, the special people of enormous empathy and compassion whose collective humanity ease the burden of pain and anxiety.
Simon says also; My family have been so great, looking after me, putting up with all that. Love rises up . and it s pretty good .