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


Economic Recovery A Collaborative Effort

Media Release
Thursday 18 April 20013
For immediate release

Economic Recovery A Collaborative Effort

Collaborative effort is needed to help Wellington’s economic recovery according to a report to the Greater Wellington Economic Wellbeing committee.

The report from the Wellington Regional Strategy Project is based on economic trends over the past 10 years and key economic indicators over the past year. It aims to provide a collective picture of the local economy and to highlight possible areas of focus for the future.

The State of the Regional Economy report shows that while Wellington has a strong base for sustainable progress, economic recovery has been slower than in other parts of the country. The report suggests a commitment and a regional approach would help move the economy forward at the same pace as other regions.

The median annual income for Wellington residents is higher than for the rest of New Zealand with almost 40% of the workforce employed in highly skilled occupations (36% nationally). The region has a comparative advantage in a number of industries such as arts and recreational services, telecommunications, internet and library services, insurance, finance, electricity and gas industries.

The region’s infrastructure such as water and energy supply, public transport and roading and port services have the capacity for sustainable economic growth and residents are better serviced than other New Zealand regions in the areas of health and hazard mitigation.

On an international scale Wellington scores highly on infrastructure and community amenities. However, its global ranking is drastically affected by its inability to handle international connections and direct flights.

Also having a negative impact on economic growth is a population growth rate that is lowest for metropolitan regions and a reduction in the number of skilled migrants coming to the area. Wellington is trailing in employment growth, ranking 11th out of 16 regions, 15th for economic growth and 15th for sector diversity.

Growth in the number of businesses is slightly below the national average and house prices have declined in Wellington while increasing in other parts of the country.

The report highlights the work already being done in the region to promote economic improvement such as the Wellington Regional Strategy Office project to promote ultrafast broadband, the recent all sector Call to Action Workshop and follow up work, the Wairarapa Water Use Project, and the proposal to expand Wellington Airport facilities which is currently included in the Wellington City Council’s strategic plan.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news