The South Island Index

Analysis

The Deloitte South Island Index

Tracking the performance of the South Island economy

The Deloitte South Island Index (‘the Index’) was developed in order to establish an objective way to measure and monitor the South Island economy relative to the rest of New Zealand. The Index provides listed companies with the opportunity to gauge how their respective quarterly movements in market capitalisation compare with those of other South Island listed companies. The Index also allows privately held firms and other entities such as council-controlled operations or state owned enterprises to form a view as to where they would place on the Index if they were listed.

First published in April 2008, an audience has emerged that is interested in distinguishing the South Island index’s performance from that of the NZX 50 and the trends highlighted over time are proving to be of ongoing interest to many. Explore the latest edition of the index below, or dig deeper through previous editions.

South Island Index: 38th Edition

Enduring autumn chills

Welcome to the 38th edition of the Deloitte South Island Index. In this edition we reflect on the performance  of South Island listed companies during the most recent quarter to 30 June 2017.

Following the solid performance in the first quarter of 2017, the Deloitte South Island Index has successfully endured a cooler economic climate to continue to climb and achieved modest growth of $543.6 million (2.8%) for the second quarter of the 2017 calendar year.

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South Island Index: 37th Edition

Back to basics

Welcome to the 37th edition of the Deloitte South Island Index. In this edition we reflect on the performance  of South Island listed companies during the most recent quarter to 31 March 2017.

Following the record decline in the last quarter of 2016, the Deloitte South Island Index returned to business as usual as it achieved growth of $1,036.2 million (5.6%) in the first quarter of the 2017 calendar year. It appears that the participants on the Index returned back to basics over the summer period with the larger companies leading the way to growth for the quarter.

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South Island Index: 36th Edition

Change of conditions

Welcome to the 36th edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 31 December 2016.

The Deloitte South Island Index underwent its largest quarterly decline in both dollar value and percentage terms since the inception of the Index in December 2007, with the Index tumbling $1,018.6 million (5.2%) from its record peak achieved in the September 2016 quarter. With this significant fall, minds begin to ponder whether a change of conditions is going to be long-lasting?

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South Island Index: 35th Edition

A flourishing pace of growth

Welcome to the 35th edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 September 2016.

The Deloitte South Island Index continued to grow and build on the prior quarters’ strong performance, with the companies on the Deloitte South Island Index collectively gaining $1,066.4 million (5.8%) to flourish in the springtime quarter.

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South Island Index: 34th Edition

Gold in the schist

A year in review 2016

Welcome to the 34th edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 June 2016.

The Deloitte South Island Index continues to set new highs as it seemly settles into a pattern of solid performances and taking advantage of golden opportunities as they are discovered. Several companies had an outstanding twelve months with significant activities resulting in large gains in one or two of the quarters. Overall the Deloitte South Island Index exceeded its result from the previous year to 30 June, gaining $3,771.7 million (26.0%) to the year ended 30 June 2016, and increased a respectable 3.8% in the most recent quarter.

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South Island Index: 33rd Edition

Negotiating rocky paths

Welcome to the 33rd edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 March 2016. 

The Deloitte South Island Index started off the 2016 year on a positive note gaining $1,124.6 million (6.8%) during the quarter ended 31 March 2016. Despite the solid headline result it masks an underlying mixed bag of performances, raising questions of whether the rocky paths of 2015 is likely to repeat, and how the Mainland companies will negotiate the trails ahead?

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South Island Index: 32nd Edition

A turning tide?

Welcome to the 32nd Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 December 2015.

In a surprising turnaround from the first three quarters of 2015 the results for the quarter ended 31 December 2015 were phenomenal, with the Deloitte South Island Index gaining $2,043.8 million (14.1%). The result is the largest quarterly gain ever achieved by the Index since its inception in 2007 with growth across all sectors, driving the Index to new heights finishing the year 17.7% higher than the end of 2014. This result raises the question: has the tide turned or is a rogue wave on its way to knock us off our feet again?

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South Island Index: 31st Edition

An underlying current of activity?

Welcome to the 31st Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 30 September 2015.

On the surface, the results over the past three months appear to continue with the trend of a tough and challenging year, with the companies on the Deloitte South Island Index falling $50.6 million (0.3%) for the quarter ended 30 September 2015. However, looking deeper into the results an undercurrent of positive activity is emerging with the smallest 20 companies on the Index collectively achieving a gain of $133.4 million (13.6%) for the quarter.

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South Island Index: 30th Edition

Battling adverse conditions

Welcome to the 30th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 June 2015.

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South Island Index: 29th Edition

Meeting the challenge

Welcome to the 29th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 March 2015.

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South Island Index: 28th Edition

The latest heat wave

Welcome to the 28th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 December 2014.

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South Island Index: 27th Edition

Storm on the horizon?

Welcome to the 27th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 September 2014.

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South Island Index: 26th Edition

The long winding road

Welcome to the 26th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 June 2014.

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Previous editions

25th Edition
A review of the performance of South Island listed companies during the quarter to 31 March 2014

24th Edition
A review of the performance of South Island listed companies during the quarter to 31 December 2013

23rd Edition 
A review of the performance of South Island listed companies during the quarter to 30 September 2013

22nd Edition
A review of the performance of South Island listed companies during the year to 30 June 2013

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