Infometrics June newsletter
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June 2022

We’re now halfway through 2022! The year is speeding along quick, and this month, we’ve got another intriguing line up of analysis to share.

Up first, we profile our latest report, Housing update: A new lens on affordability, with Chief Forecaster Gareth Kiernan’s media release highlighting that 2022 is the worst time for first home buyers in 65 years!

In better news, the Infometrics Infrastructure Pipeline Profile has been updated, and as Principal Economist Brad Olsen outlines, shows a whopping $172b in capital investment in New Zealand’s network infrastructure.

Part of that additional investment will see a considerable rise in solar power infrastructure, as Economist Joel Glynn examines in his article this month.

Economic Assistant Lily Stelling analyses the minimum wage and how things have changed for earners over the last 20 years, using data from the IDI.

Finally, we round out the newsletter with an interview of new economist Joel Glynn by Communications and Client Engagement Lead Jacqui Clarke.

Media Release: Worst time for first-home buyers in 65 years
housing valuation
This year looks to be the worst time for potential first-home buyers trying to get into the housing market since 1957, according to new research into housing affordability from Infometrics.
Network infrastructure investment of $172b signalled over next decade
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.
The future looks bright for commercial solar
Solar farm.jpg
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.
Has the minimum wage helped to lower wage inequality?
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?
A day in the life of an Economist – Joel Glynn
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.
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