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

 


Health Care and Social Assistance sector profile launched

26 February 2014

Health Care and Social Assistance sector profile launched

This afternoon the last in a series of sector profiles will be launched in Palmerston North. The Health Care and Social Assistance sector is the largest sector in the Manawatū and is achieving the highest rate of growth of all sectors.

The sector profile is authored by Palmerston North City Council’s economic policy advisor Peter Crawford. He says the Health and Social Assistance Sector took over in 2012 from education as Manatwatū’s largest sector in terms of economic activity.

The report also found that:

• Earnings generated in the sector (salaries, wages, self-employment) equalled $347 million in the year to March 2012 (12.8% of total earnings in the region).

• Annual earnings increased by $204 million between 2000 and 2012, an increase of 143%: 17% of total income growth in the region. Total income growth in the region was 78% so health is growing at nearly twice the rate of the rest of the economy.

Peter Crawford says nationally the health sector is also the fastest growing sector. “Manawatū is fortunate to have significant strengths in the sector since it will continue to be a significant contributor to strong economic growth in the region.”

Palmerston North Mayor Jono Naylor says it is easy in a developed nation like ours to forget how fundamental good health is to general well-being and economic prosperity.

“There has been significant growth in residential care services, 62% job growth since 2000, nearly double the rate of growth nationally,” the Mayor said. “While retirement village growth is a factor in this, the strongest growth has been in other care services. Included in this category are the Hospice, mental health services and care services for people with an intellectual disability. Providing high quality of care isn’t just about the amount of economic activity created but about enhancing the quality of life for all people in our community.”

While the MidCentral District Health Board is the largest employer in the sector it is obvious the strength of the region in health and care services reflects strength in the government, business and not-for-profit sector organisations in the region. It is hard to list all of the major participants without overlooking key organisations but many of them are represented at the profile launch.

The Health Care and Social Assistance sector profile is being launched at the Palmerston North Convention Centre at 4:30, speakers include Ian McKelvie, MP for Rangitīkei, Murray Georgel, chief executive MidCentral District Health Board; Clare Crawley, acting chief executive – strategy at UCOL; and, Cynric Temple-Camp, chief executive officer of Medlab Central.

The Health Care and Social Assistance sector profile is the final in a series of sector profiles produced by the Palmerston North City Council. The others are:
• Defence Sector
• Not for Profit Sector
• Research, Science & Technology
• Logistics and Supply chain
• Tourism and Visitor
• Government Sector
• Manufacturing Sector
• Agricultural Sector
• Education Sector
• Construction Sector

All profiles can be found at: http://www.pncc.govt.nz/news-events-and-culture/about/economy/sector-profiles/

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news