Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Vets contribute $620 million to NZ economy

18 March 2005

Vets contribute $620 million to NZ economy

About $620 million a year is added to the New Zealand economy by the veterinary profession according to a new report, Education Minister Trevor Mallard said today.

"This report shows when downstream impacts are added the total spending in the animal health and animal industries totals more than $1.2 billion.

"Animal production in New Zealand generates goods with an annual farm gate value of $11 billion – a 50 per cent rise from the $7.2 billion in 1995."

The BERL report into the economic impacts of the Institute of Veterinary, Animal and Biomedical Sciences Centre at Massey University on the animal health sector and animal industries, and their overall contribution to the New Zealand, was released at Massey University today.

"Vets earned something like $62 million from servicing the equine industry, which generates about $1.4 billion a year in value-added to New Zealand’s GDP and employs more than 18,000 people."

However, the greatest potential contribution of this industry is hard to quantify. Veterinary expertise is one of New Zealand’s first lines of defence against an outbreak of exotic diseases.

“The recent UK foot and mouth experience showed the effect on tourism was five to six times the agricultural effect, and the long term effects of impaired market access for New Zealand in the event of an outbreak here can only be guessed at."

Trevor Mallard congratulated the IVABS Centre as being one of the top centres of its kind in the world and only one of five veterinary schools accredited by the Australasian, British and American authorities.

“According to BERL, the centre directly pumps $61.6 million into the Palmerston North economy each year, of which $34.2 million is value-added. That equates to 568 full time job equivalents in Palmerston North and 629 nationally."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election