Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

ASB / Main Report Regional Economic Scoreboard

ASB / Main Report Regional Economic Scoreboard


Auckland has retained its top spot in the latest ASB/Main Report Regional Economic Scoreboard, as relatively strong population growth in the region drive retail spending and housing market activity.

The top of the South Island continues to fare reasonably well, reflecting the lingering effects of the movement of quake-affected Cantabrians to these regions.

In particular, Tasman has edged up to second place on a rebound in consumer confidence, which appears to be underpinning strong retail spending growth.

Encouragingly, there are signs post-earthquake rebuilding is underway, and this is underpinning Canterbury’s ascent up the rankings. Construction activity in the region is particularly strong, and continued supply constraints in its housing market are driving relatively strong house price appreciation.

The ASB / Main Report Regional Economic Scoreboard takes the latest quarterly regional statistics and ranks the economic performance of New Zealand’s 16 regional economic areas. The full report is and available online.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Rocket Lab: Launch Expected

Rocket Lab has delayed the roll out of the launch vehicle called Electron by one day, due to weather conditions. The planned launch attempt will now take place on Tuesday, May 23, 2017. More>>

ALSO:

Budget: Irrigate (Good Times, Come On!)

Additional grant funding of $26.7 million over the next three years plus a capital boost of $63 million towards irrigation investments in Budget 2017 will deliver economic and environmental benefits through better use of water... More>>

ALSO:

Silver Fern Farms: Proposal To Close Fairton Sheepmeat Plant

Silver Fern Farms has advised its people of the proposal to permanently close the site, and has discussed potential transfer options to its other sites in the region as part of the consultation process...
More>>

ALSO:

MPI: Myrtle Rust Appears In Taranaki

The nursery in Waitara (just north of New Plymouth) reported suspected myrtle rust symptoms on young plants to the Ministry’s 0800 number yesterday (Tuesday). More>>

ALSO: