Infometrics Christmas Carol 2018 – sung to the tune of Happy Xmas (War is over) by John Lennon and Yoko Ono.
Kiwis have overwhelmingly supported the government’s plastic bag ban, which will kick in mid-2019. The ban presents the wider packaging sector of 50,000 workers with an opportunity to retool and grow itself as consumers increasingly look for more environmentally friendly options.
Infometrics welcomes David Friggens to the IT side of our team. David is a data analyst with a broad range of experience. Previously he worked at MBIE, Ministry of Education, and University of Waikato.
We chatted to David about what a day in his life is like…
New Zealand’s provincial economies are poised to drive growth in the economy, building on the recovery in dairy prices during 2016, according to Infometrics latest economic forecasts. Spending activity in the regions is comfortably outpacing activity in the main centres, with commodity prices for most exports holding at high levels.
Earlier this month, Infometrics economist Brad Olsen spoke at the Economic Development New Zealand 2018 Conference ‘Mahi Tahi’ about how to move towards measuring inclusive growth in NZ’s regions. This article summarises the key points of his presentation.
The latest Infometrics Infrastructure Pipeline Profile shows that average infrastructure investment across the country is expected to be 28% higher over the next 10 years compared to the 2010-2018 period. A total of $129 billion in capital projects are estimated to be built over the 2019-2029 period.
The August Monetary Policy Statement was the most influential yet under new Governor Adrian Orr, even though there was no change to the official cash rate (OCR). Mr Orr pushed out expectations for a rates hike until 2020, sending the New Zealand dollar sharply lower.
But it was the Governor’s assertion that rates could and would move lower, if weak indicators persist, that is both his biggest warning and most questionable stance.
Our latest Infrastructure Pipeline Profile sheds light on which infrastructure areas local councils are looking to invest in over the next 10 years. Capital spending by local councils is expected to top $53b over the next decade, compared to $39b over the previous nine years.
Gareth Kiernan, Infometrics Chief Forecaster, is available to present his insights into building & property, infrastructure and transport sectors, as well as the New Zealand economy in general. We offer national level insights, as well as a strong focus on individual regions.
The potential job losses from automation between now and 2036 could be more than five times the job losses in shrinking occupations since 2000. At a regional level, areas with faster economic, employment, and population growth have generally exhibited more dynamism in their workforces over the last 20 years. As a result, it seems likely that they will be better able to adapt to changing workplace needs in coming years.