Cyclone Gabrielle is predicted to cost the economy billions of dollars in repairs and replacements.

When combined with January's burst of floods, experts are claiming this disaster will add up to billions in infrastructure and roading repair costs.  

Infometrics Principal Economist Brad Olsen says that it's too early to guess what the cost of all this devastation will be.

Olsen predicts that the cost of the damage will be in the billions, but stated that it was important not to overplay any figures at this point.

LISTEN ABOVE

Cyclone Gabrielle is predicted to cost the economy billions of dollars in repairs and replacements.
When combined with January's burst of floods, experts are claiming this disaster will add up to billions in infrastructure and roading repair costs.  
Infometrics Principal Economist Brad Olsen says that it's too early to guess what the cost of all this devastation will be.
Olsen predicts that the cost of the damage will be in the billions, but stated that it was important not to overplay any figures at this point.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.