The night-time economy is generally defined as businesses that do the majority of their trading between 6pm and 6am. In 2019, Infometrics estimates that New Zealand’s core night-time economy was worth almost $10b in economic activity and supported over 180,000 jobs (7% of total employment).
Infometrics welcomes a new member to our dynamic IT Team. Robin Arulanantham has recently relocated from Dunedin, and we chat to him about what a typical day is like for him.
Infometrics welcomes Senior Economist Alistair Schorn . Alistair joined Infometrics in February and it feels like a lot has happened since then!
We will be hosting regular webinars (web seminars) for our clients. If your organisation would like to book a tailored Webinar, focused on your local area, sector or industry, we have time slots available.
From a few concerns about the effects on Chinese tourism in late January to a full-blown pandemic and lockdown in New Zealand, the COVID-19 crisis has evolved rapidly over the last two months. We communicate just how quickly the economic ramifications have unfolded and examine how things might play out for the economy over the next 1-2 years.
The COVID-19 pandemic has sent New Zealand into a full-scale lockdown. In doing so, the government is working to flatten the curve and ensure that lives are saved. There is no escaping that this decision puts the economy into hibernation for the next month. Most of what will be achieved in the next four weeks will be maintaining an economic heartbeat while stamping out the virus as much as possible. If this plan is successful, New Zealand can emerge from the crisis sooner rather than later and thereby maximise its chances of regaining momentum in the economy.
New Zealanders have overrun supermarkets across the country over the last week, with the COVID-19 pandemic inviting panic buying and fear over access to the basics. However, our high-level analysis shows that food production and food imports remain resilient.
In 2016 a large group of international economists including four former Federal Reserve Chairs and 27 Nobel laureates made a number of recommendations on climate policy. At Infometrics we have explored the effects of a ‘tax and rebate’ policy with a detailed model of the New Zealand economy.
The COVID-19 pandemic is causing economic chaos both internationally and in New Zealand. A recession is now inevitable, and the economic ramifications of the pandemic and response will substantially change people’s livelihoods. However, New Zealand is resilient and stands ready to weather this pandemic, and there are actions that can be taken to reduce the severity of the economic blow.
The past decade has seen infrastructure investment in our three waters heavily watered down. Compounding the issue, over recent years, New Zealand has had surging population growth. The lack of investment, coupled with intense demand growth, has been placing huge pressure on our pipes.