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Liam Dann: NZ Herald business editor on the Auckland floods being bad for the economy

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Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The recent Auckland floods may be bad news for the economy.

Hundreds of houses will need to be repaired, businesses are grappling with ruined stock, and the damages are estimated to be over a billion dollars.

NZ Herald business editor at large, Liam Dann, says the Auckland floods have come at a bad time at this point in the current economic cycle.

Liam Dann says the extra stimulus generated by the floods is going to add to the pre-existing inflationary pressure in key industries such as produce and construction.

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See omnystudio.com/listener for privacy information.

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5659 episoade

Artwork
iconDistribuie
 
Manage episode 354249517 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The recent Auckland floods may be bad news for the economy.

Hundreds of houses will need to be repaired, businesses are grappling with ruined stock, and the damages are estimated to be over a billion dollars.

NZ Herald business editor at large, Liam Dann, says the Auckland floods have come at a bad time at this point in the current economic cycle.

Liam Dann says the extra stimulus generated by the floods is going to add to the pre-existing inflationary pressure in key industries such as produce and construction.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

5659 episoade

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