The latest Infometrics Quarterly Economic Monitor (QEM) for Tairāwhiti shows the regional economy is continuing to recover, supported by stronger primary industries, increased construction activity and resilient consumer spending.
The June 2026 report shows regional GDP grew 0.7 per cent over the year, with economic activity in the June quarter up 2.6 per cent from the same period last year.
Trust Tairāwhiti General Manager Economic Development Hayden Green says the latest data is encouraging after a challenging period.
“We’re seeing movement in the right direction across some key indicators, particularly in our primary industries. Horticulture activity strengthened over the year,” he said.
Returns for the pastoral sector remained strong, with lamb prices up 32 per cent and beef prices up 28 per cent over the year.
Residential building consents increased 58.7 per cent over the year, significantly ahead of the national increase of 19.4 per cent. A total of 63 new residential building consents were issued in Tairāwhiti in the June quarter – the highest quarterly total in 12 years.
“The strong lift in residential construction intentions, alongside growth in non-residential building consent values, is another encouraging indicator of confidence in the region,” Mr Green said.
Household spending has remained resilient despite continued cost-of-living pressures. Consumer spending increased 0.7 per cent over the year, slightly ahead of the national increase of 0.6 per cent.
Tourism indicators were mixed, with tourism spending up 10.3 per cent while guest nights fell 7.6 per cent over the year.
While economic activity is improving, the recovery has yet to flow through to the labour market.
Employment (filled jobs) fell 1.6 per cent over the year, and the unemployment rate increased to 6.9 per cent, compared with 5.4 per cent nationally.
The average NEET rate – the proportion of young people aged 15 to 24 not in employment, education or training – is 21 per cent in Tairāwhiti.
“We need economic growth to translate into more employment, education and training opportunities for our young people. Supporting businesses to grow, invest and create sustainable jobs remains central to building long-term prosperity for the region,” Mr Green said.
Infometrics Quarterly Economic Monitor Tairāwhiti June 2026