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

 


Progress for Wellington

30 January 2014

Progress for Wellington

Property Council applauds Wellington City Council yet again for taking the lead on driving economic growth and tackling its challenges.

The council announced its Eight Big Ideas aimed at helping the city grow beyond its image of just harbouring the public sector focus and Property Council is enthusiastic to help achieve this goal.

The eight areas are:
1- Film museum
2- International air connections
3- Tech precinct
4- Conference and concert venues
5- Miramar framework
6- Transport
7- Business
8- Liveability

It is crucial to Wellington’s growth beyond the public sector to be as it declares in its seventh idea “open for business”. The City Council states it will ensure transactions are completed quickly and easily and regulatory rules are clear and fairly applied. This is a massive leap forward for growth as it will speed up developments and aid businesses grow. The council has recognised that red tape and a lack of readily available information is a major hindrance and is promising improvements which will create more jobs and bring progress for the city.

Property Council Wellington branch president Andrew Hay is delighted with the announcement. “It is great to see these areas being identified, a willingness to allow encourage the growth of industry, and the acknowledgement that city offers so much more than just a public sector focus,” said Mr Hay.

“We are ready and willing to work with local officials in helping Wellington reach its full potential.”

About Property Council New Zealand
Property Council is New Zealand’s commercial property voice. Property Council represents New Zealand's office, industrial, retail, property funds and multi-unit residential property owners, investors and managers. Property Council’s branches throughout the country represent some of the largest commercial property portfolios in Auckland, Waikato, Bay of Plenty, Wellington, East Coast/Hawkes Bay and the South Island and Otago region, the value of which exceeds $30 billion.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news