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

Half Empty: Dairy Prices Drop To Lowest Since August 2009

Dairy product prices fell to the lowest level in more than five years in the latest GlobalDairyTrade auction, led by declines in butter milk powder and whole milk powder.

”Stocks of dairy commodities are building across the globe due to Russia’s current ban on importing dairy products from many Western nations, and a lack of urgency from Chinese buyers, while at the same time global milk supplies are expanding,” AgriHQ dairy analyst Susan Kilsby said in a note. More>>

 

Slippage: NZ Universities Still In Top 3% Globally

This year the University of Auckland ranked 175 (down from 164 last year); the University of Otago ranked 251-275th (down from 226-250), both Victoria University of Wellington and the University of Canterbury held their ranks (at 276-300thand 301-350 respectively), while the University of Waikato dropped from 301-350 to 351-400. More>>

ALSO:

Gordon Campbell:
On The Last Rites For The TPP

The Trans Pacific Partnership trade deal is one of those litmus issues that has always had more to do with one’s place on the political spectrum than with any imminent reality... For the TPP’s friends and foes alike though, the end now seems nigh. More>>

Gordon Campbell: On The Farcical Elevation Of David Seymour

With the election won, it’s time to find jobs for the boy. David Seymour is the Act Party’s latest scrounger to be rewarded by the National Party, and not only with a seat in Parliament. More>>

ALSO:

As Key Mulls Joining ISIS Fighting: McCully Speech To UN Backs Security Council Bid

It is an honour to address you today on behalf of the Prime Minister and Government of New Zealand. Our General Election took place last week - our Prime Minister Rt Hon John Key is engaged in forming a government and that is why he is unable to be here in New York... More>>

ALSO:

Labour: Cunliffe Triggers Party Wide Leadership Contest

David Cunliffe has resigned as Labour Leader, but says he will seek re-election... If there is any contest the election will have to go through a process involving the party membership and union affiliates. More>>

ALSO:

Flyover Appeal: Progress And Certainty, Or Confusion And More Delays?

Lindsay Shelton: The Transport Agency, embarrassed by the rejection of its flyover alongside the Basin Reserve, says it’s appealing because the decision could “constrain progress.” Yet for most clear-sighted Wellingtonians a 300-metre-long concrete structure above Kent and Cambridge Terraces would in no way be seen as progress… More>>

ALSO:

Gordon Campbell: On Cunliffe’s Last Stand

Right now, embattled Labour leader David Cunliffe has three options. None of them are particularly attractive for him personally, or for the Labour Party... More>>

ALSO:

Key Seeking 'New Ideas': Look To Children’s Commissioner On Poverty - Greens

John Key should not reinvent the wheel when it comes to ideas for tackling child poverty, and instead look to the recommendations of the Children’s Commissioner’s Expert Group on Child Poverty, Green Party co-leader Metiria Turei says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news