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

 


Local economy looking good, Wellington Council told

NEWS RELEASE

3 December 2013

Local economy looking good, Wellington Council told

The Capital City’s economy is showing definite signs of recovery and transformation, the first meeting of Wellington City Council’s new Economic Growth and Arts Committee has been told today.

In a presentation titled Understanding Wellington’s Economy, the committee was told that:

• An estimated 5600 jobs were created in the Wellington region in 2012-13

• Unemployment in Wellington City is dropping steadily – the figure is now 6.7% compared to 7.9% in December 2012

• According to top local commercial estate companies, there is a waiting list for prime office space in the city – and the time is right for significant commercial building development

• Local GDP growth is trending upward, in line with national trends.

Mayor Celia Wade-Brown and Councillor Jo Coughlan, the Chair of the Economic Growth and Arts Committee, say it was refreshing and exciting to receive the good news about economic trends.

Mayor Wade-Brown says the presentation by the Council’s Senior Research and Evaluation Adviser, Jim Robertson, “emphasised what many observers already know – that the city is consolidating its reputation as a place where talent wants to live – especially talent involved in the creative and IT industry."

And Cr Coughlan says the presentation was nicely backed up by the release today of census data by Statistics NZ – that showed Wellington is the richest and most educated city in the country.

Median income for Wellington City is $37,900 as opposed to the regional number of $32,700. The percentage of people with a bachelor’s degree or higher is 40.6%. Both numbers are the highest in the country.

The median income in the Wellington region is $32,700, the highest of all regions in New Zealand, an increase of 16.8 per cent since 2006.

Greater Wellington also has the highest proportion of people with university degrees, 28 per cent of people have a degree or equivalent. This is a five per cent jump from the 2006 census and eight points above the national average of 20 per cent.

Cr Coughlan says the report presented this morning validates the Council’s Economic Strategy confirmed in 2011. “Our aim is for the city to create 10,000 jobs over the next few years. It looks like we are well on the way there - to recovery and an expansion of the local economy.”

She says while Wellington City Council “obviously” can’t create the jobs itself, the Council can certainly do a lot to create the conditions that attract investment and talent. “Our new Chief Executive is working with us on a set of priorities that will help boost the local economy.”

The priorities include:

• Film Museum

• International air connections – and a possibly airport runway extension

• A tech precinct

• New and bigger conference and concert facilities

• The Council being open for business

• A Miramar framework

• Better land transport options

• Being a liveable city.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Alison McCulloch: Lest We Remember

Local iwi have plans to spruce up the Te Ranga site as part of the 150th commemorations this year of key battles in the “New Zealand Wars”, but not a lot of money to do it with.

Information gathered from numerous government agencies shows that while more than $25 million is being spent on monuments and commemorations relating to foreign wars, primarily World War I and its centenary, only around $250,000 has been set aside for those fought on our own soil. More>>

Anne Russell: Anzac Day - Identity Politics, With Guns

Even cursory research into media reports from the past forty years reveals a cultural shift in the commemoration of Anzac Day. Among other things, turnout at Dawn services has increased significantly in recent decades.

Contemporary numbers are estimated at 3,000-4,000 in Wellington, and 10,000-15,000 in Auckland. Newspaper reports from the 1970s and 80s estimated Wellington turnouts at 300-800, and Auckland at anywhere from 600 to 4,000. More>>

 
 

Parliament Today:

Spookwatch: New Inspector-General Of Intelligence And Security Appointed

Prime Minister John Key hasannounced the appointment of Cheryl Gwyn as Inspector-General of Intelligence and Security. The appointment was made by the Administrator of the Government on behalf of the Governor General and is for a term of three years. More>>

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>

ALSO:

Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>

COMMENT:

Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

ALSO:

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>

ALSO:

ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>

ALSO:

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>

ALSO:

Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>

ALSO:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news