A wee while back, Winston Peters complained that arrival data used by Herald reporters mistook arrivals from Australia as Australians (spoiler – it didn’t). But he did raise an interesting question: who does come over from Australia when they move here long-term? Turns out, almost two thirds of people moving from Australia to New Zealand are in fact Kiwis.
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At the 2014 Global Leadership Summit, a third of the executives, entrepreneurs and business academics gathered in London predicted that more than 50% their company’s full-time workforce would be working remotely by 2020. That’s only 3 years away.
Not only does Infometrics believe that this signals a significant change in the way New Zealand’s future workforce may potentially be structured, but we have embraced this trend wholeheartedly ourselves!
Infometrics is proud to once again sponsor the Got a Trade? Got it Made! campaign. Got a Trade? Got it Made! focuses on raising awareness of training and career opportunities in New Zealand’s trades and services. The campaign culminates in a dedicated awareness week on 21-27 August that will speak to young people, key influencers, including parents, teachers and careers advisors.
The Manawatū Gorge remains closed following further slips on the route during May. In this article, we take a look at the effect this closure has had on traffic flows and examine the costs of the alternative routes. Spending on state highways over the next four years is expected to be around $9.2bn, but a surprising amount of transport funding has also been allocated to the rail networks. Lastly, we touch on the latest electronic card data, which suggests that the growth in spending on vehicles remains strong, but spending on other freighted retail items is more subdued.
Hilary Parker is one of our youngest economists and she’s full of surprises. She recently undertook a physically challenging Outward Bound experience, which she admits was completely outside of her comfort zone. It is difficult to imagine the softly-spoken Hilary spending days alone in the bush, but she did it! We chat with Hilary about what a day in the life of an economist looks like…
Although the Crusaders are leaving everybody in their wake in Super Rugby, unfortunately the Canterbury economy isn’t matching those standards. Our provisional estimate is that the region’s GDP growth rate in the year to March 2017 was 0.9%, the lowest figure for five years. In fact, Canterbury is now at the bottom of the GDP growth league for all regions across New Zealand – lagging behind next-lowest Southland (1.0%) and table-topping Tasman (4.1%).
Having recently worked both in London and for Canterbury Development Corporation, Kelvin has extensive experience of property market analysis, both residential and commercial, and from an investment and development perspective. He has a thorough understanding of the issues and constraints faced by regional policy and decision makers.
Electric vehicles have been earmarked as a key component to meet targets under the Paris Climate agreement, according to a new report released by The BusinessNZ Energy Council (BEC) in April.
Steven Joyce’s first budget – and National’s ninth since it took up the government benches in late 2008 – set the tone for the election campaign to come, maintaining a rosy outlook for New Zealand. Although the Minister of Finance refuses to call it a “lolly scramble”, it is undeniable that New Zealand’s solid economic growth performance has left the government with the ability to start writing bigger cheques, announcing increased spending across a range of areas.
Waymo (the self-driving car arm of Google) and the ride-sharing app Lyft have joined forces to provide self-driving vehicles to the masses. An electric car now holds the fastest time for a street-legal vehicle around the famed Nürburgring race track at 6min 45.9sec and US economists believe that by 2030, people in the US will be largely be getting around in self-driving electric vehicles.