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An Empty Gas Station

Chart of the Month: Return of full fuel tax adds 28.5c/L to petrol price

Keys hands give giving car keys

Smaller rental fleet persists, but is consistent with the level of tourists

White windmill

Scale of power generation projects grows

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Electric vehicle charging sign

The cost of fixing the Clean Car Discount deficit is higher emissions

Man fixing vehicle engine

Car-related prices still inflationary, but trends shifting

Junkyard Scrap Metal

Cost to replace Cyclone-damaged vehicles will be at least $190m

Petrol gasoline diesel

Chart of the Month: Will the fuel excise duty reduction ever end?

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Looking-Down-Auckland-CBD-2023

Assessing economic trends across local economies in 2022

A Man and a Woman Working for a Delivery Company

Rising costs hit road transport sector

Close up of Men Shaking Hands

Weak investment intentions soften outlook for commercials

Industrial Machine during Golden Hour

Lower oil production keeps diesel prices elevated

Blue White Orange and Brown Container Van

Shipping costs decline more slowly in NZ

Joel is an Economist with Infometrics, joining in April 2022. Joel completed a conjoint Bachelor of Laws and Bachelor of Commerce, majoring in Economics and Finance, from Victoria University of Wellington in 2021. While completing his conjoint programme, Joel was a tertiary Economics tutor and obtained work experience in the sales and financial services industries.Joel emigrated to New Zealand from the UK with his family in 2008. He lived in New Plymouth until 2017, when he relocated to Wellington to begin tertiary study.

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Former Staff

Economist

Joel Glynn

New home consents drop back to 2021 levels 

Fall in new home consents shows construction downturn

Could the RBNZ hike further to quash a housing revival?

Major bank changes its interest rates prediction in wake of GDP data

Building activity falls in the December quarter

The central bank finally got its wish! NZ retail sales down 4% in Q4

Retail sales fall 4% in December quarter as consumers feel the pinch

Govt car scheme – catalyst to stock shortages, higher prices

Building consent numbers fall by 7% in December 

Shift away from standalone houses: Three-quarters of Auckland consents for multi-unit homes

Infometrics Principal Economist Brad Olsen and Economists Andrew Beattie and Joel Glynn discuss the challenging conditions the global economy is facing, with considerable instability threatening to derail the economic recovery from COVID-19. Supply chain issues could well deteriorate, given COVID issues and monetary challenges in Asia, and inflation is set to increase due to the Russo-Ukrainian war, creating headwinds for anchor economies such as the US. Brad, Andrew, and Joel also discuss the latest Infometrics forecasts and how these global challenges will influence the domestic outlook.

Brad Olsen

Chief Executive and Principal Economist

Andrew Beattie

Global instability and NZ outlook

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