Canterbury Economy

Christchurch — Christchurch retail activity is showing resilience after the 2010 and 2011 earthquakes, Statistics New Zealand said today.

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Canterbury — Canterbury Earthquake Recovery Minister Gerry Brownlee has welcomed the latest National Bank Regional Trends data showing Canterbury’s economy grew 1.8 per cent in the September quarter, following 2.6 per cent growth in the June quarter.

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Canterbury — Canterbury Earthquake Recovery Minister Gerry Brownlee says new official data shows the region’s economy continues to improve strongly, with trade through Canterbury’s ports and airport hitting a two-year high of $950 million in September.

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Christchurch — NZX-listed property company, NPT Limited, today announced a trading profit of $5.4 million before abnormal expenses and unrealised adjustments for the six months to 30 September 2011; this compares with a $4.4 million trading profit for the same period last year, an increase of 22.7%.

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

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Canterbury — According to Business Mentors New Zealand (BMNZ), the nation’s only not-for-profit mentoring organisation, demand from SMEs for business mentoring is high with many older companies seeking help for the first time.

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Christchurch — The rebuild of Canterbury is stimulating New Zealand’s national labour market, which is showing improved hiring intentions for the July to September quarter, according to the latest Hudson Report Employment Expectations Survey.

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Christchurch — Canterbury Earthquake Recovery Minister Gerry Brownlee has cautiously welcomed a range of data just released by the Ministry of Economic Development showing positive indicators for the Canterbury economy following September and February’s earthquakes.

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Christchurch — Christchurch East MP Lianne Dalziel says it's still not too late for the Government to look at the recovery model put in place by the Victorian Bushfire Reconstruction and Recovery Authority.

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Canterbury — Canterbury ratepayer assets must not be sold to help fund the quake recovery, say Christchurch MPs Clayton Cosgrove and Brendon Burns.

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Canterbury — Canterbury business owners and managers will have access to fully-funded training to help them recover from the effects of the recent earthquake, Minister for Economic Development Gerry Brownlee announced today.

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Canterbury — Figures just released by Paymark show that businesses in the Canterbury region are trading almost one-third less than the same time last year in the wake of the earthquake that shook the region early on Saturday morning.

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Canterbury — The recession might be officially over, but there may still be job losses in some sectors, Canterbury Development Corporation Economic Analyst Amy Marshall cautions.

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Canterbury — You dont need me to tell you that the world is in a once in a century economic crisis right now.

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Ashburton — New research has uncovered Ashburton District’s significant contribution to the national economy.

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Canterbury — A proposed Canterbury-wide organisation to act as a Regional Governance Group (RGG) for economic development will be established to act as a vehicle for regional stakeholders to liaise with central government on economic development issues.

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Christchurch — I am confident that changes in the tax environment this year will help to prepare New Zealand to be a dynamic, connected economy able to meet the challenges ahead.

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