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South Island will bear brunt of recession, Westpac report says

But no region is immune to the expected deep downturn and rising unemployment.

Covid-19 will cause a deep recession in all regions of New Zealand with the South Island likely to suffer the most in the next year, according to Westpac’s latest Regional Roundup.

Worst affected will be places most heavily reliant on overseas tourism which is why Otago faces the biggest

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Fiona Rotherham Fri, 19 Jun 2020
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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South Island will bear brunt of recession, Westpac report says
General Business,
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