Stinkbugs. Be Afraid, be very afraid

The stink bug hasn’t become established in New Zealand yet - or at least biosecurity officials don’t think it has. But a 2017 report from NZIER found that under a worst case scenario, our GDP losses from a full-blown stink bug invasion could reach $3.6 billion by 2038. It says living standards could fall by up to $2.8 billion over 20 years, as employment and real wages decrease. 

Horticultural export values could fall by up to $3 billion over 10 years and $4.2 billion over 20 years. The wine industry alone could lose $600 million worth of exports. 

Be afraid, be very afraid.

Link to full article: 

*This item featured on newsroom.