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Road block for economic and social recovery in Northland

Road block for economic and social recovery in Northland

25 September 2014

In a just released whitepaper, Paul Kane, Partner, Privately Held Business at Grant Thornton New Zealand says that better roads between Auckland and Whangarei are critical for the Northland region to address its economic and social issues.

He says for too long New Zealand has tolerated a transport network not worthy of a highly developed country.

“The starkest illustration of this point is Northland - a region rich in natural resources and less than a day’s drive from our largest centre, but also one of our poorest.

“Consider Tauranga and Hamilton, two cities that breathe off Auckland. Look at the roads between them and Auckland, then the road between Whangarei and Auckland. If you had to get goods from one of those three cities to Auckland, which would be the last city you’d base your business in?”

Paul Kane says the cost of insufficient infrastructure for Whangarei and Northland is immense, with talented people and businesses drifting away to the large cities.

“It’s a little known fact that Northland boasts mines with some of the whitest clay in the world, which produces exceptionally high quality porcelain and bone china. And that’s just the start - a study by GNS Science and the New Zealand Institute of Economic Research revealed that mineral deposits in the region are potentially worth over $33 billion.

“These resources are under-explored which is little wonder, given the lack of infrastructure.”

He says the evidence for solid infrastructure driving productivity is simply too strong to ignore.

About Grant Thornton International Ltd*
Grant Thornton is one of the world's leading organisations of independent assurance, tax and advisory firms. These firms help dynamic organisations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services.

Proactive teams, led by approachable partners in these firms, use insights, experience and instinct to solve complex issues for privately owned, publicly listed and public sector clients.

Over 38,500 Grant Thornton people, across 120 countries, are focused on making a difference to clients, colleagues and the communities in which we live and work.

Grant Thornton International is a non-practicing, international umbrella entity organised as a private company limited by guarantee incorporated in England and Wales. References to "Grant Thornton" are to the brand under which the Grant Thornton member firms operate and refer to one or more member firms, as the context requires. Grant Thornton International and the member firms are not a worldwide partnership. Services are delivered independently by member firms, which are not responsible for the services or activities of one another. Grant Thornton International does not provide services to clients.

*All references to Grant Thornton International in the press release and this “Notes to editor” section are to Grant Thornton International Ltd. Grant Thornton International Ltd is a non-practicing, international umbrella entity organized as a private company limited by guarantee incorporated in England and Wales.

ENDS

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