Coronavirus: 12,400 job losses in Auckland CBD, report predicts
Business in Auckland CBD could suffer more than 12,400 job losses by March 2021 due to the impact of coronavirus, a report predicts.
The report, by independent economists Strateg.Ease, said it could take at least two years for business in the city centre to recover from the effects of Covid-19.
It also predicted a loss of $3.1 billion of gross domestic product (GDP) - the market value of goods produced in the city.
The outlook was "significantly worse" than the Global Financial Crisis of 2007/8, when jobs fell by 4400, the report stated.
"Tourism, hospitality, entertainment, arts and culture and retail - the businesses that give the heart of our city its vitality and distinct character - are amongst the worst affected," said Heart of the City chief executive Viv Beck.
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Mana (Authority, Power, and Prestige) - Day 15
Māui and the Sacred Fire
Māui, a legendary hero, sought to bring fire to the people from Mahuika, the Atua of fire. Māui approached Mahuika with respect for her mana, acknowledging her as the keeper of sacred power. Through wit and humility, he earned her trust, receiving the secret of fire to share with humankind. This act elevated Māui's mana and showed the importance of respecting authority while using power for the greater good.
Moral: Recognise and honour the mana of others while wielding authority with responsibility and integrity.
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