Regional Economic Scoreboard Q4 2019: Gisborne King of the castle as Coronavirus weighs on forecasts

  • Gisborne ended 2019 as King of the Scoreboard castle, making it three consecutive quarters on the trot.
  • The Mighty Waikato jumped a whopping 11 spots to 3rd this quarter, while Hawke’s Bay fell from silver medal position last quarter to 11th.
  • Despite climbing one spot this quarter, Otago may be at risk going forward from the Coronavirus impact on tourism and education in the region.

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Nathan Penny

Senior Rural Economist

Nathan's bold predictions and his ability to call it as he sees it sets him apart from other New Zealand rural economists.  In particular, his controversial, but ultimately successful $6.00/kg MS 2016/17 milk price forecast is case in point.

He has a natural talent to distil complex issues and translate them into user-friendly formats for diverse groups, including farmers and financial markets participants.  Nathan brings unique perspectives and thought leadership to the country's rural and broader export sectors.  

Nathan joined ASB as the Rural Economist in 2013, having cut his teeth at the New Zealand Treasury.  He hails from the Kapiti Coast and studied at Massey University where he graduated with a Master of Applied Economics.

Nathan's expertise lie in dairy and other commodity markets, trade economics and economic forecasting.  He's a leading GlobalDairyTrade auction and NZX dairy derivatives commentator and he also authors ASB's monthly rural publication, Farmshed Economics.  

He's a proud Hurricanes and Wellington Phoenix fan, and will gladly discuss at length the Hurricanes Super Rugby 2016 victory.

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