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

Gordon Campbell: On The Mt Albert Aftermath

Personality politics – Jacinda is great! Jacinda is not so great! – have dominated the coverage of the Labour Party’s fortunes this week...

Still, this is a relatively new and welcome problem for the centre-left. Labour has seemed so bereft of crossover talent for so long that it seems almost embarrassed by this latest development. More>>

 

Conservation: Central Govt Takes Over 1080 Regulation

“This new approach standardises the rules for using such poisons rather than the current system of different rules in different regions. This change will reduce costs and delays for operators, ensure consistent conditions throughout the country, reduce mistakes from misunderstanding rule differences and allow best practice approaches to be used." More>>

ALSO:

Election Entertainments: ACT Has Prison Plan, Greens Have Water Bill

Green Party launches Member’s Bill to protect our freshwater The Green Party has today launched a member’s bill that will keep water from underground sources, called aquifers, safe from pollution and contamination. More>>

ALSO:

2040 Target And Lower Standards: “Swimmable” Rivers Five Times More Likely To Make You Sick

Forest & Bird has condemned the government’s new water quality standards, warning New Zealanders that they lock in current levels of water pollution and allow for a 5-fold increase in the chance of getting sick from swimming in a river. More>>

ALSO:

Immigration: Clampdown On Rogue Employers Good First Step

The Human Trafficking Research Coalition is pleased at the new clampdown on rouge employers who exploit migrants announced by Minister Woodhouse this morning, and believes this is a step in the right direction. More>>

ALSO:

Mayor: 750 New Social And Affordable Homes For Wellington (Over A Decade)

The next stage of Wellington’s Housing Upgrade Programme will see at least 750 new units of social and affordable housing built over the next decade, Mayor Justin Lester has announced. More>>

ALSO:

22/2: Christchurch Quake Memorial Unveiled

A city, a region, a nation and an international community impacted by the Canterbury Earthquakes will come together to mark the sixth anniversary of the deadly quake and dedicate Oi Manawa Canterbury Earthquake National Memorial. More>>

ALSO:


November Quakes:

Gordon Campbell: On The Mana-Maori Party Deal

If the self-interest involved wasn’t so blatant, the electorate deal between the Maori Party and Hone Harawira would be kind of poignant. It’s a bit like seeing the remaining members of Guns’n’Roses or the Eagles back on the road touring the nostalgia circuit… playing all the old hits of Maori unity and kaupapa Maori politics. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news