Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Bay benefits


25 February, 2014

Bay benefits

Benefits to the Bay of Plenty from a downtown campus in Tauranga could be massive, with the University of Waikato already pumping more than $8 million and 40 jobs into the region’s economy.

That’s from the 836 students studying in the Bay of Plenty in 2013 and the latest economic impact report into the University’s operations show student spending adds more than $8 million in value added (wages for employees, profits for business and taxes for government) to the region.

The actual figures are likely to be higher still, with the report assuming all Tauranga students live at home.

“This almost certainly underestimates the direct Tauranga impacts since some Bay of Plenty students will, in fact, live away from home,” the report says.

Vice-Chancellor Professor Roy Crawford says the Bay of Plenty is an important part of the University.

“This report shows we are making a strong contribution to the Bay of Plenty,” he says.

“We are committed to the region and expect our presence in the Bay of Plenty to grow, providing more benefits for residents, students and the regional economy.”

Plans for a downtown campus in Tauranga are well developed and in August 2013, the Bay of Plenty Regional Council approved funding of up to $15 million to support the initiative.

The Bay of Plenty Tertiary Partnership was formed in 1998 by the University of Waikato and the Bay of Plenty Polytechnic. They were joined by Whakatane-based Te Whare Wānanga o Awanuiārangi in 2010 and Waiariki Institute of Technology from Rotorua in 2013.

The economic impact report, by consulting economist Dr Warren Hughes, shows overall the University of Waikato generated $938 million in revenue for the New Zealand economy in 2013, up from $860 million in 2012. This figure is expected to exceed $1 billion within two years.

The University generates more than 5200 jobs nationally and currently adds $474 million to the national GDP annually.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

8 October: Miley Cyrus Bangerz Tour Coming To Auckland!

Dainty Group announced today that global superstar Miley Cyrus will bring her BANGERZ TOUR to New Zealand in October this year. This will be Miley’s first ever visit to New Zealand and there will only be one Auckland show before she takes her tour to Australia. More>>

ALSO:

Music: Lorde NZ Tour Confirmed In Four Major Cities!

In what will be her first ever New Zealand headline tour, Frontier Touring and Brent Eccles Entertainment are stoked to bring you four epic shows across the country! The all ages concerts take place late October/ early November in Christchurch, Dunedin, Wellington and Auckland. More>>

ALSO:

Scoop Review Of Books: Poor Economics

A review of and excerpt from Jonathan Boston and Simon Chapple’s Child Poverty in New Zealand. More>>

Head Count: Highest Population Growth Since 2003

The country’s population grew by 67,800 people, or 1.5 percent, in the year to 30 June 2014. This came from natural increase (births minus deaths) of 29,500 and net migration (arrivals minus departures) of 38,300. New Zealand's estimated resident population was 4.51 million at 30 June 2014. More>>

Fun-Enhancement: Research To Ensure Even Game For Less Skilled Players

A University of Canterbury engineering PhD student is researching sports, such as table tennis, to ensure closer games for both better and less skilled players. More>>

Werewolf: From The Lost Continent

It’s a case of better late than never for Olivier Assayas’ marvellous After May/Apres Mai, which first screened at Venice in 2012, got a theatrical release in Australia – but not here – and only now appears on DVD, after Assayas himself has moved on. More>>

ALSO:

Werewolf: Blue Eyed & Soulful

Last year’s Muscle Shoals documentary was a reminder that on some of soul music’s most hallowed tracks, the studio band consisted of a bunch of white guys from rural Alabama... More>>

ALSO:

Final Event - Number Crunching: NZ Fifth Best Performer At Commonwealth Games

With a haul of 45 medals, New Zealand has outperformed the best predictions of the world’s number crunchers by 440% and beaten our past performance at the Commonwealth Games by 11% per cent, according to a Massey University finance lecturer. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news