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

Greens: Oil Drilling Face-Off With Labour

The plan is the second component of the Party’s environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil spills.

The Green Party loves New Zealand and will create a cleaner environment where our beaches remain open for swimming, not closed for oil spills.

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling;
2. Implement compulsory shipping lanes for coastal shipping;
3. Build Maritime New Zealand’s oil spill response capability; and
4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news