Absolutely positively woeful – Wellington in economic pain

Dollars & Sense

6 mins to read

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

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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.

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Absolutely positively woeful – Wellington in economic pain

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Premium Group Membership 20 Users

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