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5 Mar 2026 17:02
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  •   Home > News > Business

    Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country

    Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country


    One hundred and 33 businesses in the city have closed in the three months to December, and the wider Wellington region's facing the worst employment growth in New Zealand.

    Infometrics Quarterly Economic Monitor shows business counts rose 1.1 percent across the year for the country as a whole, while in Wellington it dropped by 2.3 percent.

    Infometrics warns the labour market shows no sign of picking up, with the capital losing 2.8 percent of jobs over the past year, while the national average fell 1.2.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Auckland:
    Police are still working to identify the person killed in an overnight fire in Auckland's Otahuhu 16:57

    Rugby:
    Jamie Joseph believes the man that pipped him to the All Blacks' job will lead them to success 16:57

    National:
    How prepared are the US and its allies for a protracted conflict in Iran? 16:37

    Entertainment:
    Sharon and Kelly Osbourne made an emotional speech in honour of the late Ozzy Osbourne as the Black Sabbath icon was honoured with the Lifetime Achievement Award at the BRIT Awards 16:35

    National:
    The debate NZ should really be having about language policy 16:27

    National:
    What would Winston Churchill make of war with Iran? 16:17

    Cricket:
    A former Proteas captain is lauding the record-breaking display from Finn Allen that launched the Black Caps into the final of cricket's T20 World Cup 16:17

    National:
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    International:
    Why are some Shia Muslims mourning Ayatollah Ali Khamenei? 16:07

    Entertainment:
    Noel Gallagher hailed his brother Liam Gallagher as he collected the Songwriter of the Year gong at the BRIT Awards 16:05


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