Income conditions of households have not deteriorated but the effects of the decline in production are starting to be observed in new job offers and overtime working hours. As for the outlook, public investment is expected to start increasing with the advance in the implementation of the supplementary budget for fiscal 2000.
Figure 6: Share of primary exports to China (annual total)  Source: Statistics New Zealand. BIS central bankers’ speeches  5  Provided China’s economy continues to expand at around current rates, growing demand for protein-based commodities looks assured.