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<blockquote data-quote="Zardnaar" data-source="post: 8142054" data-attributes="member: 6716779"><p>Looking for some economic stuff for comparison. </p><p></p><p>[URL unfurl="true"]https://www.rnz.co.nz/news/business/432280/no-more-trees-to-sell-christmas-shoppers-out-in-force-retailers-say[/URL]</p><p></p><p>Basically the country is going nuts post lockdown. My wife works in logistics and it's been the busiest she can remember and has been since May when lockdown ended. </p><p></p><p> Tourism and hospitality has taken a hit but a side effect of closed borders is NZ domestic tourism our dollars aren't being spent elsewhere. </p><p></p><p> Unemployment hit 5.3% it was projected to hit 9-10%. Government deficit was half projections. </p><p></p><p> However we have our own problems. The impact of Covid has landed on people. </p><p></p><p> Negative effects. </p><p></p><p> House prices has surged along with rent. This is causing big social problems. Side effect of cheap interest rates. Our house tripled in value, cousins and nedhews priced out. </p><p></p><p> Women and Maori have been disproportionately effected due to job losses. Hospitality and tourism employ a lot more women for example. Men tend to work in primary industries translation farming and related industries (ports, meat works etc). </p><p></p><p> Shortage of workers as well. </p><p></p><p>[URL unfurl="true"]https://www.rnz.co.nz/news/business/432284/lack-of-nz-workers-an-issue-for-orchardists-with-covid-restrictions[/URL]</p><p></p><p> No lockdowns, community spread etc economy is doing relatively well. In the grand scheme of things it's a good problem to have I suppose.</p><p></p><p> Borders likely shut until 2022 and Qantas has said no vaccination no flight. I expect others to do the same.</p></blockquote><p></p>
[QUOTE="Zardnaar, post: 8142054, member: 6716779"] Looking for some economic stuff for comparison. [URL unfurl="true"]https://www.rnz.co.nz/news/business/432280/no-more-trees-to-sell-christmas-shoppers-out-in-force-retailers-say[/URL] Basically the country is going nuts post lockdown. My wife works in logistics and it's been the busiest she can remember and has been since May when lockdown ended. Tourism and hospitality has taken a hit but a side effect of closed borders is NZ domestic tourism our dollars aren't being spent elsewhere. Unemployment hit 5.3% it was projected to hit 9-10%. Government deficit was half projections. However we have our own problems. The impact of Covid has landed on people. Negative effects. House prices has surged along with rent. This is causing big social problems. Side effect of cheap interest rates. Our house tripled in value, cousins and nedhews priced out. Women and Maori have been disproportionately effected due to job losses. Hospitality and tourism employ a lot more women for example. Men tend to work in primary industries translation farming and related industries (ports, meat works etc). Shortage of workers as well. [URL unfurl="true"]https://www.rnz.co.nz/news/business/432284/lack-of-nz-workers-an-issue-for-orchardists-with-covid-restrictions[/URL] No lockdowns, community spread etc economy is doing relatively well. In the grand scheme of things it's a good problem to have I suppose. Borders likely shut until 2022 and Qantas has said no vaccination no flight. I expect others to do the same. [/QUOTE]
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