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Infometrics August newsletter
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August 2020
NEWSLETTER

The resurgence of COVID-19 in the community has seen Auckland move back to Alert Level 3, and the rest of New Zealand move to Level 2 – both of which will have substantial economic ramifications. Tourism is again a key area of focus, and Nick Brunsdon looks into how domestic travel will respond.

Complementing our tourism analysis, Brad Olsen has looked at what the greater restrictions mean as New Zealand moves ahead, and how the wider economy is being impacted.

Our latest Quarterly Economic Monitor was released last week, providing the first comprehensive analysis of regional economic changes so far during the pandemic. Our high-level analysis shows a severe hit to the regions.

The Infometrics Board has some new faces and a new Chair, as we farewelled co-founder and former Chair Andrew Gawith.

For our Chart of the Month, Paul Barkle digs into where travellers who are still in New Zealand are situated.

And finally, we outline how to go about organising a presentation from Infometrics, to help inform decision makers and hear about the factors that will determine New Zealand’s future.

Auckland lockdown affecting tourism around the country
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Auckland is home to a third of the country’s population, so with the region under Level 3 lockdown, the flow of visitors to all of the country is affected.
This pandemic is not over yet – not by a long shot
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The announcement of community transmission of COVID-19 in August has been a reality check on our progress towards recovery. With Auckland now under Alert Level 3 restrictions, and the rest of New Zealand at Alert Level 2, the economic outlook has turned darker. This note provides our initial analysis of the economic effects of the changes, as well as an update on how our view of the economic outlook is changing.
Media release: Pandemic delivers severe hit to regions
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The latest Infometrics Quarterly Economic Monitor shows a substantial hit to regional economies from the COVID-19 pandemic and New Zealand’s restrictions during the Level 4 lockdown alongside the move down the Alert Levels. The Monitor provides the most comprehensive analysis of regional economic changes so far during the pandemic.
New Board Appointments at Infometrics
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Economics consulting firm Infometrics is pleased to announce new appointments to their board of directors, and a new chair of the board.
Chart of the month – Where did you come from, where did you go?
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The New Zealand border has been closed since March, and with it, international tourism has all but vanished. International arrivals in July were 98% lower than a year ago, with only 3,521 arrivals. But even though there aren’t many new visitors arriving, there are quite a few still in New Zealand. Data published by StatsNZ estimates there to be somewhere between 90,000 and 140,000 international tourists currently residing across the country, which has implications for employment and support needs.
Book an Infometrics presentation
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Infometrics has built a strong reputation for giving highly effect and engaging economic presentations. If you have a meeting, planning session, or conference coming up, book one of our economists to present on New Zealand’s economy and the risks and opportunities shaping your organisation’s future.