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

 


Wellington region's numbers show good promise

Business Central
Wellington Employers’ Chamber of Commerce

Media Statement

5 June 2014

Wellington region's numbers show good promise


The Government’s latest Regional Economic Activity Report paints a picture of promise for the Wellington regional economy, with a skilled workforce that is capable of big things into the future, says Business Central and Wellington Employers’ Chamber of Commerce Chief Executive Raewyn Bleakley.

“Far from how some might regard Wellington, this report shows we are an extremely attractive city with a huge amount to be proud of and a solid economic foundation.

“We have the highest concentration of web and digital companies in New Zealand on the back of the fact that we specialise in information, media and telecommunications, particularly in technology, internet and library services.

“Our ICT sector, in particular, is moving ahead in leaps and bounds, and initiatives such as the graduate school announced just this week put us in a great position for the future.

“Our workforce has the highest education attainment levels and skills in New Zealand. Some 82% of our 18-year-olds have a minimum of NZEA Level 2 or the equivalent, compared with 77% nationally, while 60% of those aged between 25-34 have advanced trade qualifications, diplomas or degrees, compared with 52% nationally.

“And the good numbers go on.

“Some 78% of our jobs are skilled or highly skilled, compared with 68% nationally, while 13% of jobs are in the professional, scientific and technical services areas, compared with just 9% nationally.

“And it’s not just the technical jobs. The report shows that our arts and recreation services sector generated the fastest employment growth over the past decade.

“None of this is a surprise but all these factors are behind Wellington’s high GDP per capita and incomes.

“Over the past 12 months, households had the highest average annual household incomes in New Zealand after housing costs are taken into account, with a significantly higher share of households earning more than $100,000 compared to the rest of the country.

“While it’s been a mixed picture over the past few years, these numbers show that in many key areas we are in a great space to take advantage of the opportunities for our knowledge-intensive industries and firms to expand and diversify.

"Despite this there remains much work to do, and we must continue to concentrate on attracting new business and working on ideas to grow our region’s economy further.”


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:


NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news