New Zealand’s economy is officially in a recession, with statistics released today revealing a record 12.2% decline in GDP. But as Jarrod Kerr of Kiwi Economics writes, it’s now time to focus on recovery. As economists, we love trawling through data. But we’ve never seen anything like this. This is traumatic. Service exports were stonewalled, … Read more
After decades worrying about the ‘brain drain’, thousands of high-achieving New Zealanders are coming home at once. Duncan Greive looks at what they’re bringing with them – and the potential they have to help our imperilled economy. Originally published in August, this story has now become the five part podcast, Coming Home. In Coming Home, … Read more
With a mandatory four-week shutdown about to come into force to prevent the spread Covid-19, New Zealand’s economy faces one of the most uncertain periods in its history. We ask two leading economists to help us find meaning in the madness. There may come a time in the next few days or weeks when you … Read more
He was the prototypical high school nerd, hanging on Don Brash’s every word. Then the financial world turned upside down. This is the story of how Kiwibank’s Jarrod Kerr became a most unconventional economist. In 2008, Jarrod Kerr was working at the Commonwealth Bank of Australia when the global financial crisis hit like a financial … Read more