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Canterbury rebuild seven years on

Canterbury rebuild seven years on
21 February 2018

Tens of thousands of new homes have been consented in Canterbury since the 22 February 2011 earthquakes, Stats NZ said today. Canterbury’s building costs and rents have risen faster than in other parts of the country.

In a report to mark seven years since the devastating earthquake, which led to significant loss of life and caused billions of dollars of damage, Stats NZ looks at Canterbury’s rebuild through the lens of data.

In the seven years to September 2017, 36,431 new homes were consented in Canterbury, up more than 10,000 when compared with the seven years before the earthquakes.

The cost of building a new home in Canterbury (excluding land) rose 52 percent in the eight years to September 2017. This compares with 40 percent nationally. In the eight years to September 2017, rents rose 18 percent in Canterbury – the same rise as experienced nationally.

Following an initial fall in the number of people employed and filled jobs in the year after the 2011 earthquake, between September 2012 and September 2017 there were nearly 50,000 more people in work in Canterbury. Many of the jobs were in construction, retail, and accommodation.

By June 2012, Christchurch city’s population had fallen by more than 20,000 from 2010, as people moved out after the earthquakes. Christchurch’s population only returned to pre-earthquake levels in 2017 – six years after the 2011 earthquake.

Canterbury: the rebuild by the numbers has more information.

Video

View our Canterbury rebuild seven years on video.

Income growth for Canterbury outstrips rest of New Zealand – Media release

21 February 2018

The median annual income for Canterbury has increased from $34,000 to $42,800 between the 2010 and 2016 tax years, an increase of 25.9 percent, according to Stats NZ’s Experimental estimates of income from linked administrative data.

Canterbury’s relative median income increase was 8 percent more than the average increase across New Zealand, which was up 17.9 percent from $34,600 to $40,800. The next-highest median income increase for a regional council area was Northland, up 21.1 percent from $27,900 to $33,800.

Wellington and Auckland among slowest median income growth across New Zealand

While Wellington and Auckland regions had the highest median incomes in New Zealand throughout the 2010 to 2016 tax years (the annual median incomes in the 2016 tax year were $45,200 and $43,400, respectively), income growth in these areas was slow compared with other regions, and especially compared with Canterbury. The median income in Wellington and Auckland grew by 14.4 percent and 13.9 percent respectively, compared with Canterbury’s 25.9 percent.

Selwyn the territorial authority with highest median income growth

At the territorial authority level, people living in Selwyn, Canterbury, had the highest growth in median income in New Zealand between the 2010 and 2016 tax years. The median income increased by 29.8 percent, from $36,900 to $47,900 during this period. Selwyn’s annual median income in the 2016 tax year was second only to Wellington City, where the median annual income was $48,500.

Explore income estimates for your area

Many factors can affect income growth in an area, including changes in the types of industries employing individuals, and changes in the size and structure of the population, both of which can alter the supply and demand for particular services. Use the Ministry for Business, Innovation and Employment’s Regional Economic Activity Web Tool to explore your region’s attributes.

The income data used in this article and in the web tool are Experimental estimates of income from linked administrative data released by Stats NZ in October 2017. These estimates of median income are produced using tax data linked with other administrative data sources, allowing a more detailed geographic breakdown than that for the income estimates produced from Stats NZ’s household surveys.

All income estimates are for income earned from wages and salaries and self-employment only. Due to the availability of tax data for self-employment income, the most recent estimates available are for the 2016 tax year and are not official statistics.

See the User guide for Stats NZ's wage and income measures (PDF, 325 KB) for overviews of selected income measures and how they are used.

See Canterbury – the rebuild by the numbers, for more information about the Canterbury rebuild since the devastating series of earthquakes in 2010 and 2011.

For more information about these statistics:

• Visit Income growth for Canterbury outstrips rest of New Zealand

• Visit Canterbury rebuild seven years on

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