Coronavirus is a crisis full of opportunities
• Today we published our latest report on how we think the Coronavirus will change NZ’s economic landscape.
• Fortunately NZ in in the envious position to wind back social distancing measures to allow for a faster eventual recovery.
• However, the economy will continue to be held below its potential as borders remain shuttered. Industries reliant on foreign arrivals such as hospitality, retail and education will continue to struggle.
• The crisis does provide plenty of opportunities though, including aiding the fight against climate change, and the freeing up of resources for productivity enhancing investment.