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The number of reported solar farm projects announced across New Zealand had a meteoric rise in the first half of 2022, but how many will see the light of day? Consecutive plans for New Zealand’s largest solar farm have been announced since May 2021, with the follow-through yet to come. Read

Joel Glynn interview

Joel Glynn has recently joined the Infometrics Team. In a few short months Joel has written a number of news releases and co-hosted our popular monthly webinars, so this month we sit down to chat with Joel and find out more about him and what he’s working on at Infometrics. Don’t miss Joel’s article on the boom in solar farms in this month’s Infometrics newsletter. Read


New analysis from Infometrics points to a considerable lift in infrastructure investment over the next decade, as maintenance and upgrades of local networks ratchet up. Our analysis extends our infrastructure horizon until 2031 and examines where investment will be located, and of what infrastructure type. Read


In 1894, New Zealand introduced the world’s first minimum wage. Today, the minimum wage is still well and alive, growing faster than median wages since 2000. Over the same 20+ year period, there has been a substantial compression of the lower half of the wage distribution, leaving those at the bottom closer than ever to those at the top. But how much of this increase in lower wages can we attribute to the rise in minimum wage over time? Read


New Zealand is a beautiful country and all of our towns and cities can claim some form of natural amenity when it comes to attracting tourists and migrants. Being a coastal country, we are rarely far from a beach. Even our inland centres are blessed with magnificent rivers and mountain vistas. Ask anyone – whether a professional involved in economic development and tourism, or a resident on the street – what is special about their area, and their first answer will often relate to natural amenity. Read

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Budget 2022 revealed not only the Government’s plans for the year ahead, but also new forecasts from Treasury of the economic outlook for New Zealand. They present a concerningly persistent level of inflation, with substantial flow-on effects for households, businesses, and the Government’s own funding. Read


Although the top ranking in the Infometrics Creativity Index remained the same in 2021, there were some movements further down the ranking as COVID-19 impacted local economies differently. Read


Economic momentum stalled at the start of 2022, as Omicron limited economic activity. Infometrics’ March 2022 Quarterly Economic Monitor shows economic activity rose 2.0%pa in the quarter on provisional estimates, with underlying growth flat from last quarter as workers and materials became even harder to find at the start of 2022. Read


Recent news that Armstrong Downes Commercial had gone into liquidation is, unfortunately, likely to be only a harbinger of further business failures in the construction industry over the next couple of years. Armstrong Downes’ collapse follows the liquidation of a smaller firm building townhouses in Auckland, OD 2019, which blamed project delays, COVID-19, and increased costs for its insolvency. Read


Consumer confidence plummeted to an all-time low in March 2022 in response to the ongoing uncertainty of New Zealand’s economic outlook. Households are being squeezed by rising living and credit costs, and these costs are expected to continue increasing for the foreseeable future. Read