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

 

Parliament Today:

John Key Press Conference: Ashburton Shootings, Judith Collins Inquiry

Prime Minister John Key has delayed the release of Nationals’ fiscal policy in light of this morning’s shooting at a Work and Income office in Ashburton... Key also answered questions about Judith Collins, and confirmed that independent inquiry will be held with regard to allegations made against Collins. More>>

ALSO:

Internet MANA: Georgina Beyer Rocks The Waka

“There is now, and always will be, a range of views about many issues within our movement and members are free to express them, but Georgina’s views on Kim Dotcom are not shared by the MANA Movement leadership or the vast majority of MANA members and supporters around the country” states MANA Candidate for Waiariki, Annette Sykes. More>>

ALSO:

IGIS Update: Inquiry Into Release Of NZSIS Information

The Inquiry would be conducted in private and individuals would appear before her separately over a period of more than a week. She does not intend to name those summoned to give evidence until her report is published. “I can confirm that all persons summoned will be required to appear under oath...” More>>

ALSO:

Gordon Campbell:
On John Key’s ‘Blame It On Judith’ Strategy

Right now, Prime Minister John Key seems intent on limiting the scope of any inquiry into his government’s dealings with Cameron Slater. The declared aim is to make that inquiry solely about Judith Collins’ behavior with respect to the Serious Fraud Office. More>>

ALSO:

Maori Council Lawyers' Statement: Supreme Court Decision On Maori Water Rights

“…the Supreme Court refused to give Pouakani people what they asked for, but may have given them something much, much better instead… the Supreme Court has questioned whether the Crown owns the River at all.” More>>

ALSO:

Gordon Campbell: On The Debate, And The Collins Accusation

Debating is a peculiar discipline in that what you say is less important than how you’re saying it. Looking poised, being articulate and staying on topic generally wins the day – and on that score, Labour leader David Cunliffe won what turned out to be a bruising encounter with Prime Minister John Key last night on TVNZ. More>>

ALSO:

Gordon Campbell: On Winston Peters' Latest Bout Of Immigrant Bashing

It is only one poll, but rather than cannibalising each other's vote, Colin Craig and Winston Peters do seem to be managing to find the room to co-exist... Few are questioning how Peters got to this happy place, and what it says about the mood of the electorate. More>>

ALSO:

More Immigration News: First People Trafficking Charges

The first people trafficking charges in New Zealand have been brought by Immigration New Zealand (INZ)... The defendants have been charged under the Crimes Act 1961 for arranging by deception the entry of 18 Indian nationals into New Zealand. More>>

Collins 'Misinterprets Media Reports': "Too Compromised To Remain Justice Minister"

Bizarre claims by Judith Collins this morning that she had been cleared of inappropriate behaviour by the Privacy Commissioner demonstrates she is too compromised to remain Justice Minister, Labour MP Grant Robertson says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news