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


Budget 2013 “Youth unemployment needs more”

16 May 2013

Budget 2013 “Youth unemployment needs more”

Media release

“The modest budget boost to Maori and Pacific trade training to address youth unemployment deserves to be boosted”, said Michael Barnett head of the Auckland Chamber of Commerce.

First, the major announcement’s to expand Auckland’s housing supply and build an International convention centre put the construction sector on track to having certainly of work for some time to come. “We need to ensure there is a fully trained work force available.”

Second, with youth unemployment sitting at around 30% we have a potential crisis on our hands. “We need to be much smarter to provide courses in core skills as a step to encourage unemployed youth to get the confidence needed to participate in the expanding economy we are starting to happen.”

Mr Barnett said that by working with business organisations he believed there are solutions that can address the high youth unemployment over time. “It is not an issue that can be solved by the public sector working alone.”

He said a strategic approach now, ahead of waking up in 2 or 3 years’ time when more projects come on stream is far preferable to letting our youth unemployment issue fester.

“It would be unacceptable if we create an economic boom and allow youth unemployment to remain at a high level.” He concluded.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>