Parliament

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

 

Canterbury’s latest economic data promising

Hon Gerry Brownlee
Minister for Canterbury Earthquake Recovery

5 September 2011

Canterbury’s latest economic data promising

Earthquake Recovery Minister Gerry Brownlee has welcomed economic indicators released today that show the manufacturing and export sectors in Canterbury continue to perform well.

"The indicators released today by the Ministry of Economic Development also show the large earthquakes on 13 June have not had a significant impact on Canterbury’s recovery," Mr Brownlee said.

Economic activity since the 13 June earthquakes is consistent with the period following the February earthquake, he said.

"I’ve always had confidence in the resilience and positivity of Cantabrians, despite the blows that keep coming their way," Mr Brownlee said.

"It's great to see they picked themselves up, cleaned up the city and kept going after the June earthquakes. It’s an incredibly hard task but they’ve shown real guts and determination.

"The improvement in manufacturing and exports in Canterbury in the past couple of months is particularly heartening and hopefully will help lead a general recovery."

Most of the indicators show stable activity, reflecting that many businesses and households are coping. However, some households and industries such as tourism and retail continue to struggle.

Key indicators showed:

• Exports and imports from major ports and the airports are higher than the same period last year and have improved significantly since the February earthquake.
• Manufacturing has been expanding since May and at a rate higher than the rest of New Zealand.
• Consumer transactions in Canterbury remain stable at around 90 to 95 per cent of levels prior to the February earthquake. The impact from the June earthquakes was minimal.
• The number of individual tax payers leaving Canterbury is stabilising.
• Job advertisements remain at a high level relative to the rest of the country, with construction leading the way.

"We’ve still got a long way to go but Cantabrians have shown they can withstand major earthquakes and snowstorms and still keep their manufacturing and exports going," Mr Brownlee said.

The Canterbury Earthquake Recovery Authority (CERA) is responsible for rebuilding greater Christchurch and its surrounds, and supporting the welfare of its residents. For more information visit www.cera.govt.nz

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Geo-political Posturing Over China’s Cyber Hacks, Plus The Weekly Playlist

The timing was one of the weirder aspects of this week’s cyber condemnation of China by the West. Why was this piece of political theatre being staged now? China (and Russia’s) sponsoring and/or condoning of semi-state and criminal hacker groups has been known about for nigh on a decade. More particularly, Microsoft had been alerted to the flaws in its Microsoft Exchange... More>>




 
 


Government: Quarantine Free Travel With Australia Suspended

Quarantine Free Travel from all Australian states and territories to New Zealand is being suspended as the Covid situation there worsens, Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced today... More>>

ALSO:


Government: New Zealand Condemns Malicious Cyber Activity By Chinese State-sponsored Actors

New Zealand has established links between Chinese state-sponsored actors known as Advanced Persistent Threat 40 (APT40) and malicious cyber activity in New Zealand. “The GCSB has worked through a robust technical attribution process in relation to this activity. New Zealand is today joining other countries in strongly condemning this malicious activity... More>>

ALSO:

Government: Commits $600,000 To Flood Recovery

The Government is contributing $600,000 to help residents affected by the weekend’s violent weather with recovery efforts. Acting Minister for Emergency Management Kris Faafoi and Agriculture Minister Damien O’Connor have been in the Buller district this afternoon to assess flood damage and support the local response effort... More>>

ALSO:



NZUS Council: Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ

The NZUS Council welcomes the nomination of Senator Tom Udall to the role of US Ambassador to New Zealand and Samoa, NZUS Council executive director Jordan Small said... More>>

BusinessNZ: Visa Extensions Welcomed
BusinessNZ has welcomed the extension of some critical skill visa durations and changes to immigration systems to speed processing. Chief Executive Kirk Hope says move acknowledges advocacy by the hospitality sector, the BusinessNZ Network and others, and comes not a moment too soon.... More>>



Social Development: Government Initiatives Contribute To Fall In Benefit Numbers

Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels