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

 


Wellington’s economic opportunities highlighted

Hon Steven Joyce

Minister for Economic Development

5 June 2014 Media Statement
Wellington’s economic opportunities highlighted

Economic Development Minister Steven Joyce today released the 2014 Regional Economic Activity Report, which includes information about the economic performance of the Wellington region.

The annual report pulls together comprehensive economic data on New Zealand’s 16 regions.

Mr Joyce says the report highlights the diversity of our regions, with each making a different contribution to the national economy.

“Wellington’s workforce is the most skilled in New Zealand; it has the highest average household incomes once housing costs are taken into account; and has the second highest GDP per capita, after Taranaki,” Mr Joyce says.

“The region is the seat of government, the home to many insurance and financial companies and it has the highest concentration of web and digital companies in New Zealand.

“The Government is currently the main customer for many knowledge intensive companies so there are real opportunities for these firms to seek a wider, international client base. The region could also further develop its creative and digital industries, tertiary education, manufacturing, tourism and high end food and wine sectors.

“The Regional Economic Activity Report highlights opportunities for growth in all regions and I expect it to encourage further public debate about the relative performance of our different regions.”

The 2014 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.

Mr Joyce says the report supports the Government’s Business Growth Agenda, which will deliver initiatives and reforms that will benefit the Wellington region.

“Our Business Growth Agenda will boost transport and broadband infrastructure, support research and development through Callaghan Innovation and the National Science Challenges, develop a creative industries vocational pathway and secure export opportunities for public sector intellectual property, to name just a few initiatives,” Mr Joyce says.

“Nothing creates jobs and boosts incomes better than business growth and investment. For Wellington to build a more productive and competitive economy, it needs to achieve its potential.”

The 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

 

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news