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

 


Launch of the Canterbury Economic Recovery Programme


Hon Gerry Brownlee
Minister for Canterbury Earthquake Recovery

6 December 2012 Speech Notes



Launch of the Canterbury Economic Recovery Programme, Addington Raceway, Christchurch

Today’s launch of the Economic Recovery Programme is an opportunity to reflect on how far Canterbury has come since the earthquakes, and the many reasons we have to be optimistic about the region’s future.

It’s an incredible testament to the resilience of the business community that based on recent estimates regional GDP for Canterbury has bounced back to pre-earthquake levels.

Economic activity data has shown Canterbury to be the fastest growing region in New Zealand over the past 18 months, and the rebuild proper is only just beginning.

Here are some of the highlights:

In the latest Household Labour Force Survey unemployment fell from 5.5 per cent to 5.2 per cent; our total labour force rose while jobless numbers declined.

Canterbury is now recording positive inward migration. Official estimates are that the population of greater Christchurch has fallen by less than 2 per cent since the quakes, while Selwyn has grown by 6.9 per cent, and Waimakariri has grown by 3.3 per cent.

Not only are people choosing to stay, Canterbury leads the way in optimism. A net 36 per cent of households expect mainly good economic times in the year ahead.

The growth of consumer spending in the last year is the highest of any region in New Zealand. According to Paymark’s October data, spending in Canterbury increased by 6.5 per cent year-on-year.

Employment opportunities will continue to flow, with SCIRT identifying the need to attract 900 new entrants to the infrastructure rebuild industry over the next 12 months to support its work programme.

An additional 300 people will need to be recruited each year to cover standard attrition.

SCIRT, assisted by a number of industry providers and workplace tutors, will also provide a range of training opportunities.

As the rebuild gathers pace, construction activity continues to accelerate.

The number of building consents for new residential dwellings in Canterbury increased by 80 per cent in the 12 months to September.

And non-residential building consents grew by 81 per cent in the same period.

So Canterbury, post recovery, is going to have a solid economic platform to grow from.

The challenge is to see that we do that, and identifying the best means by which to succeed has been the role of Steve Wakefield and his Economic Recovery team inside CERA.

Before I ask Steve to speak about the Economic Recovery Programme I would like to make two points.

The first is that we’ve been very lucky to have a person of Steve’s experience and capacity inside CERA.

Having led the economic recovery team in the compilation of this plan and its work programme, Steve is leaving CERA to return to his role as managing partner at Deloitte.

And Deloitte will be very pleased to have him back, not the least because Steve has just been named chartered accountant of the year by the New Zealand Institute of Chartered Accountants.

That is a huge accolade Steve, and one I know is richly deserved.

I want to take this opportunity to thank you for your service to the recovery – we’ve been very lucky to have you on board and I know you’ll be missed by the CERA team.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news