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Economic cost tallied for Auckland floods and Cyclone Gabrielle

The Treasury expects ongoing impact on economic output over coming years.

Lost production from orchards and vineyards has put a dent in economic output.

Brent Edwards Thu, 27 Apr 2023

The Treasury estimates the damage wreaked by the Auckland floods and Cyclone Gabrielle could have caused a $400 million to $600m loss in economic output in the first six months of this year.

In a briefing note it estimates economic growth could be $100m less a year over coming years as a result of

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Brent Edwards Thu, 27 Apr 2023
Contact the Writer: brent@nbr.co.nz
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Economic cost tallied for Auckland floods and Cyclone Gabrielle
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