85,000 new jobs for Auckland

Auckland is New Zealand’s engine and is expected to outperform the national economy over the next four years, according to Infometrics Regional Perspectives report released today. The Infometrics Regional Perspectives report provides an outlook for economic conditions in New Zealand’s regions and industries over the next four years.

Which is New Zealand’s most creative city?

According to our Boho measure of creativity, we take a look at which is New Zealand’s most creative city?  The Boho measures the proportion of a city’s workforce that is involved in creative and artistic occupations and industries. Professor Richard Florida popularised the Boho measure and argued that a vibrant artistic community is a necessary condition to attract talented people to fuel the knowledge economy. 

Skills Active – using data to engage with industry

Workforce scanning and development is a key role that Industry Training Organisations (ITOs) undertake.  Skills Active Aotearoa, the ITO for the recreation, sport and exercise industries released a comprehensive Workforce Scan late last year.  The workforce scan was led by Maren Frerichs, General Manager of Industry Engagement at Skills Active.  Shaun Twaddle, Infometrics Director, had a chat with Maren to find out why they put together the workforce scan and how they went about it.

Regional Economic Profile reveals 10% job growth in Queenstown

Queenstown-Lakes District was New Zealand’s top performing territorial authority during 2016, with employment expanding by a stonking 10.3% over the March 2016 year. This growth was almost four times the 2.7% rate of employment expansion seen nationally, and well above the 5.9% employment growth recorded by second-placed Western Bay of Plenty District. This article reveals more about Queenstown’s stellar year, along with a sneak peek at Infometrics’ 2016 Regional Economic Profile (official release: February 28) to see which other places also had rapid employment growth.

House prices to fall 12% by 2020

The New Zealand economy has entered 2017 in good spirits, with Infometrics’ latest forecast predicting GDP growth over the three years to June 2019 will average more than 3.0%pa. However, Infometrics Chief Forecaster Gareth Kiernan believes the solid outlook for growth masks several risks that hang over the economy.

A day in the life of an economist – Nigel Pinkerton

This month we continue our series of economist interviews with a chat to Nigel Pinkerton.  With a background in economics, Nigel now concentrates on developing technologically innovative ways of delivering our services to clients. Nigel is another of our staff who has chosen to live and work away from our main offices in Wellington, and when he is not developing our web-interfaces or building our data systems, he can be found in a pair of gumboots, farming his lifestyle block in Te Awamutu.

NZ economy enters 2017 in style

The New Zealand economy entered 2017 in fine fettle.  Despite dairy prices at GlobalDairyTrade auctions having fallen 3.8% since their early December level, the price index is up a massive 66% from its low point in the first quarter of 2016, with whole milk powder prices having risen 77% over the same period.  Both price measures hit 2.5-year highs earlier in December.