The economists, who comment for the news media, today stated that “there are indications that the current down turn in the economy is over”. They predict the New Zealand economy will move in a positive direction from now, on gradually recovering in the medium to long term. The more stable price of oil, the expected change in the weather, and the pending tax cuts all being contributing factors. Perhaps the main factor that is holding things back, is the imminent general election. Polls to date have suggested that a new right government will be elected. The recent lack of political acumen on the part of opposition members and their new leader have tended to shadow this inevitability. MMP means that unless the governing party gains a very large portion of the vote they can not govern alone. For the right to form a coalition may be difficult particularly now the leader has ruled out one of the more significant minority parties…..
Petrol down 4 cents today
For the first time some weeks petrol was down in price. This made the news and there was a lot of 
people at the pumps. The petrol prices have hit people hard in NZ particularly in the country and farming sectors. Costs have been up in food and other areas due to the transport component in each transaction. However the question is will it last? The bulk oil price has been up and down so much it is hard to be particularly hopeful. 
What do we do?
Petrol up again. ($2.18 per litre) It is never ending…. People are finding it tough. The recent ACC Levey was an extra 2c on top of all the other costs was almost too much. I try to think do I need to use the car before I look for the keys. It seems that we will all have to change our life style and become less dependent on oil.
Weather not as good as forcast rain wind and cold. Frost forecast for this morning.