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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
2 mins to read

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
Politics,
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