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

 


Natural resources at heart of NZ regional economies

Hon Steven Joyce

Minister for Economic Development

5 June 2014 Media Statement
Natural resources at heart of NZ regional economies

Economic Development Minister Steven Joyce today released the 2014 Regional Economic Activity Report, which highlights the importance of the natural resources sector to New Zealand’s regional economies.

The report, produced by the Ministry of Business, Innovation and Employment, brings together comprehensive economic data on New Zealand’s 16 regions in one place. It also identifies specific initiatives under way in each region through the Government’s Business Growth Agenda. It is the second report in an annual series.

“The 2014 Regional Economic Activity Report highlights the diversity of our regions, with each making a different contribution to the national economy,” Mr Joyce says. “It also shows examples of both larger urban centres and smaller rural economies that are doing well.

“The report shows that the natural resource industries are the foundation for economic activity in most of our regional economies. What is clear is that policymakers at all levels need to be careful about policy changes that would hurt these sectors and impact on jobs and growth in regional New Zealand.

“Over the last decade, agricultural regions have benefited from rising commodity prices for dairy products and, more recently, meat. However, signs of recovery from the Global Financial Crisis are obvious across the board, with employment numbers increasing in all regions over the last year.

“The report highlights the strengths and challenges each region faces and the opportunities they have to further contribute to New Zealand’s economic growth. It is a useful tool to support planning at all levels and I expect it to encourage public debate about how each region can be more successful.”

This year’s Regional Economic Activity Report includes for the first time the official measure of regional gross domestic product, more comprehensive figures on employment and incomes, and new sections on population and Māori economic development.

To complement the report, an interactive website has been developed that contains information on 66 sub-regional areas. This finer detail is available online or can be accessed on the go, through a download for tablets.

To further support economic growth, the Government is also working with local stakeholders on a series of more in-depth studies on the East Coast, Northland, Manawatu-Wanganui and Bay of Plenty regions. These will provide a more detailed assessment of the particular strengths and challenges that these regions face and how their economies can be developed.

“Nothing creates jobs and boosts incomes better than business growth and investment,” says Mr Joyce. “For New Zealand to build a more productive and competitive economy, we need all of our regions to achieve to their potential.

“Each region has advantages which it can build upon and diversify from. The problem is not a lack of opportunities – it’s how we continue to do better at creating wealth and jobs from the opportunities we have.”

The 2014 Regional Economic Activity Report and interactive website are available at:

www.mbie.govt.nz/what-we-do/business-growth-agenda/regions


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On War Crimes And The Afghan Insurgency

Truly, with friends like former defence Minster Wayne Mapp, the SAS does not need enemies. At the very least, the Hit and Run book has raised the possibility that the New Zealand SAS committed war crimes in the attack they led in Afghnistan upon the villages of Naik and Khak Khuday Dad...

Mapp’s attempted defence of the SAS on RNZ this morning unintentionally indicated that collective punishment was baked into the planning exercise for the raid, and also into how the raid proceeded on the ground. More>>

 
 

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Biscuit Tin Of Democracy: World Heritage Site Protection, Ombudsman and Equal Pay Bills Drawn

On Thursday, 23 March 2017 three places are available on the Order Paper for the first reading of a Member’s bill. The ballot was held, and resulted in the following bills being drawn... More>>

ALSO:

Emissions Plan: NZ Needs More Science, More Trees, Fewer Beasts

A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions to a net zero level, according to a new report sponsored by the New Zealand chapter of GLOBE, a multi-party, global parliamentary grouping. More>>

ALSO:

"Backed To Win Seats": Labour Māori Seat MPs Won't Stand On List

The Labour Party is backing a request from its Māori seat MPs to stand as electorate MPs only, says Labour Leader Andrew Little. More>>

OutsKey: John Key's Valedictory Speech

I rise to address this House for the very last time. It has been a huge privilege to have served the people of Helensville as their member of Parliament, and, of course, the people of New Zealand as their Prime Minister. More>>

ALSO:

Productivity Commission: New Models Of Tertiary Education Are Coming

The report is a broad-ranging inquiry into how well New Zealand’s tertiary education system is set up to respond to emerging trends in technology and the internationalisation of education, and changes in the structure of the population, and the skills needed in the economy and society... More>>

ALSO:

PM's Press Conference: Water Everywhere

Monday's Post-Cabinet press conference focused on water, with the Prime Minister fielding questions about the possibility pricing water taken for export. Mr English said the government was directing their water allocation technical advisory group to include export water in considerations. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news