The looming closure of Tiwai is a devastating blow for Southland. I spoke with Stuff's Melanie Carroll to put the closure in perspective, against how the rest of Southland's economy is faring amid the COVID-19 pandemic.
The COVID-19 lockdown and border closures have hampered business earnings. This article assesses the effects these challenges have had on the retail sector across regional New Zealand and what’s in store for the coming months.
I recently published a report that analyses emerging trends in business births and deaths in Queenstown immediately before and during the COVID-19 pandemic. The crisis will challenge the survival of many existing businesses, but the process of change will create opportunities for many new entrepreneurs.
Jetstar is making a shrewd pitch for custom in the domestic market from people that are more price sensitive than they were in the relatively secure pre-Covid world. With people worrying more about their financial situations, there is arguably more scope for discount airlines to gain a bigger foothold than before.
I was recently interviewed by Kerre McIvor on Newstalk ZB about entrepreneurship during lockdown. In the interview I discuss which industries new businesses were in, where they were located, and how these lockdown businesses will support the economic recovery.
People are entrepreneurial in the unlikeliest of situations. Even under COVID-19 lockdown, there were 3,136 businesses started in April 2020 across New Zealand. This article outlines which industries these businesses were in and where in the country people were most likely to start businesses.
Data from MSD on work ready recipients of Jobseeker Support benefits can help highlight where in New Zealand there have been the steepest job losses to date. The government’s wage subsidy scheme undoubtedly kept many New Zealanders in work. But the wage subsidy has not been able to save all jobs.
Not all industries suffered under lockdown. In this article, I want to reflect on the success of our agricultural exports over the past couple of months.
The banking space will see further rapid changes this week in response to developments internationally. We are now in full-blown financial, as well as public health and economic crisis mode.
Trump's travel ban on Europeans entering the US caught airlines, policymakers and travellers off guard. Coronavirus now poses a crisis-trifecta: Public health, economic and a financial crisis.
Things may get worse, before they get better, but Air New Zealand is a seasoned survivor. Following the Global Financial Crisis, the airline was one of the few to come through unscathed, remarkably remaining profitable even when the sky fell in for other airlines.
The economic impacts of coronavirus are already being felt in our regions. With this context in mind, it is important to recap some of the key channels through which regional economies are being affected.