Commodities, PGF drive resurgent Gisborne economy

Fri, 10 Jan 2020

A strong primary sector and central government stimulus from the $3 billion Provincial Growth Fund saw Gisborne consumers open their wallets at the end of 2019.“The general economy in Gisborne is in a very good paddock at the moment,” Paul Naske, president of the Gisborne Chamber of Commerce, told BusinessDesk. “Sheep and beef prices are quite high, forestry has recovered from a bit of a glitch last year and there’s lots of horticultural development going on in terms of apple and kiwifruit,” he added.The latest Paymark transaction data sho...

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