{"id":24839,"date":"2020-04-24T20:40:51","date_gmt":"2020-04-24T08:40:51","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24839"},"modified":"2024-03-01T20:50:43","modified_gmt":"2024-03-01T07:50:43","slug":"queenstowns-fall-from-grace","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/","title":{"rendered":"Queenstown&#8217;s fall from grace"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: DEBBIE JAMIESON\/STUFF The Queenstown Lakes economy is expected to contract 40 per cent. <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">Queenstown Lakes district&nbsp;is fast becoming one of the poorest&nbsp;in New Zealand and more than a quarter of its residents could be out of work.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The district includes the tourism towns of Queenstown and Wanaka, and Mayor Jim Boult&nbsp;said&nbsp;it was likely their economy would shrink 40 per cent due to&nbsp;the Covid-19 lockdown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unemployment rate was likely to reach between 25 and 30 per cent, he told&nbsp;a Queenstown Lakes District Council meeting on Thursday.<br><br>&#8220;Literally, in little over a month, we have gone from New Zealand&#8217;s most successful district, with a growing population and a growing GDP, to potentially one of the poorest districts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/www.stuff.co.nz\/national\/health\/coronavirus\/121250347\/queenstowns-fall-from-most-successful-to-one-of-the-poorest-in-nz\">STUFF<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: DEBBIE JAMIESON\/STUFF The Queenstown Lakes economy is expected to<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478109415,478109416,478098719,478098861,478104117,478109417,478101492,478109412,478109413,478098509,478106912,478109414],"class_list":["entry","author-data123nz","post-24839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-arrowtown","tag-arrowtown-nz","tag-homes","tag-new-zealand","tag-nz","tag-nz-recession","tag-queenstown","tag-queenstown-lakes-district","tag-queenstown-nz","tag-real-estate-news","tag-wanaka","tag-wanaka-nz"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Queenstown&#039;s fall from grace - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Queenstown&#039;s fall from grace - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: DEBBIE JAMIESON\/STUFF The Queenstown Lakes economy is expected toRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-24T08:40:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-01T07:50:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"710\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Queenstown&#8217;s fall from grace\",\"datePublished\":\"2020-04-24T08:40:51+00:00\",\"dateModified\":\"2024-03-01T07:50:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/\"},\"wordCount\":136,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Queenstown.jpg\",\"keywords\":[\"Arrowtown\",\"Arrowtown NZ\",\"homes\",\"New Zealand\",\"NZ\",\"NZ recession\",\"Queenstown\",\"Queenstown Lakes District\",\"Queenstown NZ\",\"Real Estate News\",\"Wanaka\",\"Wanaka NZ\"],\"articleSection\":[\"Australian Property &amp; Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/\",\"name\":\"Queenstown's fall from grace - Property News Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Queenstown.jpg\",\"datePublished\":\"2020-04-24T08:40:51+00:00\",\"dateModified\":\"2024-03-01T07:50:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#primaryimage\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Queenstown.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Queenstown.jpg\",\"width\":710,\"height\":400,\"caption\":\"Queenstown\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/queenstowns-fall-from-grace\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Queenstown&#8217;s fall from grace\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"name\":\"Property News Australia\",\"description\":\"Property News | Real Estate News | Australia\",\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\",\"name\":\"The Property Noise Group\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"width\":1120,\"height\":160,\"caption\":\"The Property Noise Group\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/PropertyNoiseNZ\\\/\",\"https:\\\/\\\/x.com\\\/propertynoisenz\",\"http:\\\/\\\/propertynoisenz\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\",\"name\":\"Property Noise Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"caption\":\"Property Noise Group\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Queenstown's fall from grace - Property News Australia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/","og_locale":"en_US","og_type":"article","og_title":"Queenstown's fall from grace - Property News Australia","og_description":"PHOTO: DEBBIE JAMIESON\/STUFF The Queenstown Lakes economy is expected toRead More &rarr;","og_url":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/","og_site_name":"Property News Australia","article_publisher":"https:\/\/www.facebook.com\/PropertyNoiseNZ\/","article_published_time":"2020-04-24T08:40:51+00:00","article_modified_time":"2024-03-01T07:50:43+00:00","og_image":[{"width":710,"height":400,"url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg","type":"image\/jpeg"}],"author":"Property Noise Group","twitter_card":"summary_large_image","twitter_creator":"@propertynoisenz","twitter_site":"@propertynoisenz","twitter_misc":{"Written by":"Property Noise Group","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#article","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/"},"author":{"name":"Property Noise Group","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84"},"headline":"Queenstown&#8217;s fall from grace","datePublished":"2020-04-24T08:40:51+00:00","dateModified":"2024-03-01T07:50:43+00:00","mainEntityOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/"},"wordCount":136,"commentCount":0,"publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg","keywords":["Arrowtown","Arrowtown NZ","homes","New Zealand","NZ","NZ recession","Queenstown","Queenstown Lakes District","Queenstown NZ","Real Estate News","Wanaka","Wanaka NZ"],"articleSection":["Australian Property &amp; Real Estate News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/","url":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/","name":"Queenstown's fall from grace - Property News Australia","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#primaryimage"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg","datePublished":"2020-04-24T08:40:51+00:00","dateModified":"2024-03-01T07:50:43+00:00","breadcrumb":{"@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#primaryimage","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Queenstown.jpg","width":710,"height":400,"caption":"Queenstown"},{"@type":"BreadcrumbList","@id":"https:\/\/propertynoise.co.nz\/au\/queenstowns-fall-from-grace\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/propertynoise.co.nz\/au\/"},{"@type":"ListItem","position":2,"name":"Queenstown&#8217;s fall from grace"}]},{"@type":"WebSite","@id":"https:\/\/propertynoise.co.nz\/au\/#website","url":"https:\/\/propertynoise.co.nz\/au\/","name":"Property News Australia","description":"Property News | Real Estate News | Australia","publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/propertynoise.co.nz\/au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/propertynoise.co.nz\/au\/#organization","name":"The Property Noise Group","url":"https:\/\/propertynoise.co.nz\/au\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","width":1120,"height":160,"caption":"The Property Noise Group"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PropertyNoiseNZ\/","https:\/\/x.com\/propertynoisenz","http:\/\/propertynoisenz"]},{"@type":"Person","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84","name":"Property Noise Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","caption":"Property Noise Group"}}]}},"_links":{"self":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/24839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/comments?post=24839"}],"version-history":[{"count":1,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/24839\/revisions"}],"predecessor-version":[{"id":24841,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/24839\/revisions\/24841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media\/24840"}],"wp:attachment":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media?parent=24839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/categories?post=24839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/tags?post=24839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}