Best of BusinessDesk: How the pandemic reshaped our economy

Best of BusinessDesk: How the pandemic reshaped our economy
The health services industry is 16% larger than before the pandemic. (Image: Depositphotos)
Andy Fyers
The economy finally recovered from the damage inflicted by the delta outbreak in the second quarter of 2022, almost exactly a year since it took a $3 billion chunk out of the economic output. Gross Domestic Product (GDP) data showed the value of the economy* was $68.3b, compared to $68b a year earlier, just before Auckland was plunged into a 100-day lockdown. A modest recovery at the end of 2021 was then dented by the omicron outbreak at the start of this year.READ THE STORY

More Economy

NZ's directors see better days ahead
Economy

NZ's directors see better days ahead

Board directors are looking to Companies Act reform on their legal liabilities.

Greg Hurrell 22 Nov 2024
Govt’s arms flailing, with little cohesive direction
Economy

Ganesh Nana: Govt’s arms flailing, with little cohesive direction

A tight-fisted Government is hobbling its own ambitions. 

Ganesh Nana 22 Nov 2024
It’s time for a national conversation on productivity
Economy

Cameron Bagrie: It’s time for a national conversation on productivity

Bold action needed as a further downgrade to Treasury's forecasts looks likely.

Cameron Bagrie 22 Nov 2024
Treasury expects to downgrade forecasts
Economy

Treasury expects to downgrade forecasts

Per capita GDP has fallen 4.6% since the September quarter of 2022.

Rebecca Howard 21 Nov 2024