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

Latest data firms up view the economy needs RBNZ support
Economy

Latest data firms up view the economy needs RBNZ support

The central bank’s Kiwi-GDP Nowcast still points to a small contraction for June GDP.

Rebecca Howard 01 Sep 2025
What now for RBNZ govt appointment
Finance

What now for RBNZ govt appointment

The aftermath of RBNZ chair Quigley's resignation. 

Dileepa Fonseka 29 Aug 2025
Reserve Bank chair Neil Quigley resigns
Economy

Reserve Bank chair Neil Quigley resigns

Quigley had come under pressure in recent days.

Staff reporters 29 Aug 2025
'Plenty of synergies': Alvarium continues sector consolidation
Economy

'Plenty of synergies': Alvarium continues sector consolidation

Alvarium acquired all of Salt Funds Management for an undisclosed amount.

Staff reporters 29 Aug 2025