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Dollars & Sense
6 mins to read

Absolutely positively woeful – Wellington in economic pain

WATCH: Dollars & Sense debates Wellington’s struggles and pinch points around leadership, infrastructure, and lagging economic growth.

WATCH: Dollars & Sense debates Wellington's economic woes.

Key points
  • What’s at stake: Will the once-dubbed ‘Coolest little Capital’ find its mojo again?
  • Background: Wellington’s economy is struggling amid questions over leadership and governance, job cuts, and the economic downturn. 
  • Main players: Mark Dossor, Thomas Nash, Ray Chung, Catherine Beard, Sir John Key, Mike Jones, local government, central Government, Wellington City Council, Greater Wellington Regional Council.  

Wellington businesses are closing because of crippling interest rates and a subdued economy, unemployment is rising, old water pipes are bursting, and rates bills are surging. So is the capital city surviving, thriving, or – more pessimistically – dying?

That’s debated in this month’s NBR

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Jonathan Mitchell Tue, 06 Aug 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Will the once-dubbed ‘Coolest little Capital’ find its mojo again?
  • Background: Wellington’s economy is struggling amid questions over leadership and governance, job cuts, and the economic downturn. 
  • Main players: Mark Dossor, Thomas Nash, Ray Chung, Catherine Beard, Sir John Key, Mike Jones, local government, central Government, Wellington City Council, Greater Wellington Regional Council.  
Absolutely positively woeful – Wellington in economic pain
Dollars & Sense,
105134
true