Almost four million international visitors came to New Zealand in both 2018 and 2019, but COVID-19 has caused the number to collapse to less than one million.
The 4.9 percent unemployment rate recorded in the December 2020 quarter unemployment rate was lower than expected and employment optimism is improving.
By the end of 2020, the RBNZ intends to create an expanded Funding for Lending Programme to provide low-cost funding for banks to lend to households and businesses.
The RBNZ is preparing for a long haul. It would do well for all businesses, organisations, family, whānau, iwi, and communities to similarly prepare for such a long haul.
The unemployment rate fell to 4.0 percent in the June quarter, but this figure can be dismissed as disguising the true state of the labour market and the wider economy.
The next COVID step is to carefully open some borders. Maybe with the 'Early Movers', but Southeast Asia and China could have lower risks and higher rewards.
Kiwis are coming home in considerable numbers. Many will bring with them valuable skills and experience, which will be important in rebuilding the economy.
One blue fiscal response, one red. Both extraordinary. Both conventional. The latter was an opportunity missed; the former is an opportunity hanging by a thread.
A $1.6 billion Trades and Apprenticeships Training Package aims to keep people in employment and provide opportunities for those who lost jobs during the COVID-19 crisis.
Big headline increases in housing and health fund improved access for increased demand, but no transformational funding for the social sector and education.
A $50 billion response and recovery fund is clearly much more than a textbook response. But job losses and community pain will need more support in coming months.
We look at the track of new and recovered cases of the virus to see whether the New Zealand community is likely to be able to make that claim by 20 April.
A quick summary of what might happen as New Zealand looks to bounce back from the impact of COVID-19 on the economy. We look at what this means for GDP and unemployment.
With so much uncertainty surrounding the immediate future in the face of COVID-19 we look at the government response and what this might mean for returning to 'normal'.