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newsletter
2024-10
Newsletter - October 2024
Featured article

Principal Economist and Lead Demographer Nick Brunsdon breaks down the latest subnational population estimates released by Stats NZ this month...

Auckland International Airport Arrivals Jan 2024
Population slow down, but growth still high
Stats NZ released their latest subnational population estimates, providing us with an annual glimpse into how New Zealand’s population is growing around the country. In this article, we highlight the overall trends of the 2024 estimates and pull out interesting results from specific cities or districts.
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Articles
Whairepo Lagoon 2024
New Zealand’s most creative city in 2023
The 2023 Infometrics Creativity Index confirms many of the trends and outcomes of previous years, but with some subtle differences below the surface. The overall importance of the arts and creative sector to the New Zealand economy was unchanged in 2023 from a year ago, with 4.27% of the workforce employed in the sector.
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State houses at Arapuni Hydro Works
First home buyer measure: out with the old and in with the new
We are introducing a new indicator for first home buyer activity – First Home Loans. This article explores first home buyer activity in the housing market from a few different angles and introduces our new measure.
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Viking Motel in Arrowtown
Chart of the Month: Role of peer-to-peer accommodation in regional tourism
In our October 2024 Chart of the Month, we explore the role of peer to peer (P2P) accommodation around the country, finding that P2P makes up more than a third of guest nights in some areas, and not in the tourism hotspots that you might expect.
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New releases and updates
Webinar recordings

October 2024: Local Population and Census trends

September 2024: Sector outlook

If you are a client, you have access to October's recording (from 31 October 2024). After one month, recordings are made available to the public.

Browse webinars
Econ Talks

Chief Executive and Principal Economist Brad Olsen and Chief Forecaster Gareth Kiernan discuss:
17 October 2024: Inflation is back near target, at 2.2%pa

14 October 2024: RBNZ accelerates the pace, cutting 50bp in October 2024

03 October 2024: More confidence, less pricing pressure, so is it time for 50bp cuts

Browse econ talks
Subscriber updates
Forecast release: 18 October 2024

Infometrics latest Building forecasts, Regional construction Outlook (RCO) and Transport forecasts have been released.

The New Zealand economy’s recovery from the stagnation of the last two years will remain patchy until mid-2025, according to Infometrics’ latest forecasts. Although the Reserve Bank’s interest rate cuts since August have finally provided some light at the end of the tunnel for Kiwis, continued increases in the unemployment rate will mean households remain cautious in their spending decisions over the next nine months. The high proportion of mortgage lending on fixed rates also means that the easing in monetary conditions will not have an immediate effect on household budgets.

Media release
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