Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Manukau Economy Sails Through Choppy Times

5 April 2002

Manukau Economy Sails Through Choppy Times

The economic downturn in many countries following the terrorist attacks of September 11 has not impacted substantially on Manukau, mayor Sir Barry Curtis says.

Latest figures show there was a sharp improvement in economic performance over the past quarter, led by manufacturing and the housing market. And Manukau's economy is still growing faster than the national average.

Manukau's growth rate for the 2001 year was 2.6%, compared to the national rate of 2.4%. Growth in Manukau is expected to outstrip the national average for the rest of this year.

A major factor is the flood of migrants coming into the country since late last year. In January, New Zealand took in more migrants than in any other month -11,300. Over last year as a whole there was a net increase of 16,000.

"Young New Zealanders may think their country backward and dull and flock overseas to see the world but, more and more, people from other nations are recognising what we have to offer is unique and precious, and are eager to come here to live," Sir Barry says.

At the present rate of monthly migration up to 40,000 people will be added to New Zealand's population in the coming year. Most will choose to live in the Auckland region if past trends continue. This inflow of people is having a very strong economic impact. Many migrants are settling in Manukau, helping to boost the housing market in the city.

House sales are up fifty per cent on a year ago and Manukau City Council issued 28% more residential building consents in February compared to a year earlier. Demand for housing is growing faster in Manukau than in the rest of New Zealand.

Other factors helping to keep the market buoyant have been low mortgage rates and rising house prices.

The bulk of the growth in the housing market has been in the East Tamaki and Botany areas. The population in the Howick-Wiri corridor is expected to increase by 50,000 by the year 2010.

In the business sector the number of new building projects fell substantially. However there's been a pickup in recent months and that's expected to be maintained.

Among the large projects currently underway are a 4 million dollar new head office of DB Breweries in Papatoetoe and a 2.3 million dollar warehouse in Manurewa.

Development around the Auckland International Airport continues at a fast pace. In future the airport zone is expected to become the largest single business development zone in the country.

Manufacturing continues to expand and a new beef processing plant is expected to open in Mangere later this year, creating 500 jobs.

"New roads and transport options will be needed to deal with those extra people and I am pleased to say this is going to be a watershed year for improvements to road and passenger transport," Sir Barry says.

"Manukau City Council is committed to completing the roading network and other infrastructure needed to facilitate economic growth and make the future happen.

"So the prospects for Manukau in the coming year are very positive. Over the past five years Manukau has had the highest growth rate of any city in New Zealand, and I fully anticipate that will continue."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news