Risk Management - Articles

An overview on New Zealand

New Zealand, Maori Aotearoa, is an island country in the South Pacific Ocean, Oceania. It is a remote land laying more than 1,000 miles (1,600 km) southeast of Australia, its nearest neighbour.

Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. However, in 2020, the impact of the COVID-19 pandemic on the New Zealand economy was particularly strong in the first quarter of the financial year, from April to June due to an extensive lockdown which successfully achieved a near-elimination of COVID-19 across the country, enabling a relaxation of almost all COVID-19 restrictions. As a result, New Zealand’s economic growth has rebounded after the first quarter and is expected to remain stronger than most other countries throughout the year.

Especially in this period it is important to assess business partners and get in-depth information on any potential and actual partner, but only local providers have the specific knowledge and tools to provide the most reliable and accurate information. Thanks to SkyMinder you will be able to order reports compiled by the most expert providers in the New Zealand.