23 May 2023

West Coast job ads and household costs rise

From Morning Report, 8:53 am on 23 May 2023
The beautiful landscape of the southern island of New Zealand is a mountain range of lake forests.

Photo: 123RF

The West Coast of the South Island is bucking the nationwide trend of falling job ads and massive household costs.

The SEEK employment survey released yesterday showed job ads had dropped 16% year-on-year nationwide.

The data from Infometrics shows over half of the nation's household income is now being spent on mortgages.

Except on the West Coast, it seems.

Development West Coast chief executive Heath Milne is on the line.