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

 


Education sector important for prosperity

18 December 2012


Education sector important for prosperity

The importance of education to the prosperity of Palmerston North and the Manawatū region is recognised in the latest sector profile released today by Palmerston North City Council.

GDP estimates prepared by the Council suggest the sector had a direct GDP contribution in 2012 of $450 million and an indirect contribution of $250m, giving a total $700m contribution to regional GDP.

Spending by education institutions is estimated to have contributed $545m and spending by students $155m.

Palmerston North Mayor Jono Naylor says the contribution of the education sector is one of the key reasons why our city continues to grow even during the global financial crisis.

He says the effects of the education sector are much larger than its direct contribution to economic activity.

“Palmerston North is known world-wide as a centre of education excellence. Students live, work, volunteer and participate in sports and cultural activities in the city, they are part of the makeup of our community.

“A number of head offices, including Toyota New Zealand purposefully shifted to Palmerston North because of the educational facilities. Companies such as Unlimited Realities, Spider Tracks, Bacon No Tillage and many other companies were founded by people who studied in Palmerston North. Education is part of our city’s reputation.”

Highlights from the profile include:

• High levels of participation in early childhood education in the region across all ethnic groups
• Significant growth in average hours in early childhood education.
• Secondary schools continue to attract pupils from outside the region.
• Secondary school University Entrance achievement levels in the region compare favourably with the New Zealand average.

The profile also recognises education sector linkages with related sectors which are also contributing to greater prosperity in the region:

• Research sector organisations in the region employed 800 staff in February 2012. The research organisations based next to the Massey campus reflect the university’s strength in agriculture, industrial development and infrastructure. The region accounts for ten percent of national employment in agricultural machinery manufacturing, also reflecting these links.

• Visitors, such as those coming to the region for conventions, graduation ceremonies, extramural block courses and visiting family and friends. Estimates prepared earlier this year suggest the May Massey University graduation ceremonies alone bring around $0.5m additional economic activity into the region.

• Sectors which employ students, such as retailing, distribution centres and call centres, for example.

• Businesses that are attracted to the region because of links to Massey University and also the quality of educational opportunities available for their employees.

Economic policy advisor Peter Crawford says the economic profile is a useful addition to the set of economic profiles for the region which includes: Agriculture, Defence, Logistics, Manufacturing, Tourism, Research, Not for Profit and Government – you can find out more about these by visiting http://www.pncc.govt.nz/about/economy/sector-profiles/.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: "For the second time in a week, international assessments show we have a problem... We need to put more resources into schools in high poverty communities to ensure all kids get the support they need."

New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

 

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Q+A: Labour's Michael Wood Wins Mt Roskill

Labour’s Michael Wood, who last night won a 6,000 vote majority in the Mt Roskill by-election, says the reason for the win was simple, clear messaging... More>>

ALSO:

Gordon Campbell: On Anne Tolley’s Callous Folly

Last week’s conflict between Social Development Minister Anne Tolley and District Court judge Carolyn Henwood illustrated quite a few of the flaws in the system. More>>

ALSO:

Members’ Bills: Greens' Domestic Violence And Loans Bills Pulled From Ballot

Jan Logie’s Domestic Violence-Victims' Protection Bill introduces workplace protections for victims of domestic violence, including allowing victims to request paid domestic violence leave for up to 10 days... Gareth Hughes’ Bill allows Kiwis with student loans to defer their student loan repayments into a first home savings scheme. More>>

ALSO:

IPCA: Police Did Not 'Deliberately' Use Pepper Spray On 10-Year-Old

"When spraying the man, the officer did not properly consider the necessity of using pepper spray in a confined space, the likelihood that it would affect the other innocent passengers or the fact that he was using a more powerful spray." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news