The more government can work to reduce fiscal pressures on the economy, the easier our job becomes. History shows us that the exchange rate cycle is linked to the broad economic growth cycle. As tighter monetary policy eventually dampens domestic demand - the main source of strong growth in the New Zealand economy - the exchange rate will in time fall.
These programs enhance professional development and information databases. We note that PFAI’s “SafeTNet” reinforces the industry’s ability to exercise prudent and responsible lending. FOURTH TRUTH: Collaboration and cooperation among industry players is essential to push the industry forward Collaboration, cooperation and partnerships are central to long-term success. PFAI knows this only too well.