Ag 16 october, 2015

Page 1

Friday, October 16, 2015

Since Sept 27, 1879

Retail $1.50 Home delivered from 95c

THE INDEPENDENT VOICE OF MID CANTERBURY

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Drop, cover, hold As the Ashburton town clock struck 9.15am yesterday people all over the district took part in FULL STORY a nationwide earthquake drill.

Fast 4 a big hit P24

Property 2015 October 16,

& LIFESTYLE

Industry Comment

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checklist Sellers essential

What's On Run Muddy Good e Garden Tour/Fet

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Open Home

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's This weekend es ry open hom Mid Canterbu

PHOTO TETSURO MITOMO 151015-TM-002

Mid Canty has a rosy future BY MICHELLE NELSON MICHELLE.N@THEGUARDIAN.CO.NZ

gance m and ele te Period char d by Ray Whi Proudly markete ILS

FURTHER DETA

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New Zealand’s economy is built on its regions and Mid Canterbury is a significant player, Minister of Economic Development Steven Joyce said at yesterday’s launch of the Regional Activity Report in Ashburton. “It is appropriate the report is being launched in Canterbury, because the real strength of the economy are the provincial areas that produce food and beverages,” he said. In addressing the region’s tight labour supply, Mr Joyce said the chal-

lenge was to persuade people to move south. “The drift north has stopped, but the drift south needs to accelerate,” he said. “We need to work collectively to get people to understand the opportunities in the South Island.” And the 2015 report highlighted many reasons to do so. Canterbury has lower unemployment than the rest of the country, sitting at 3.2 per cent, about half the national average. Household incomes are above the national average and housing is cheaper.

The severity of the drop in dairy prices had dinted confidence, but other areas were performing well. “Dairy is important but it’s not the whole story,” he said. Dairy accounts for 4 per cent of GDP and 18 per cent of the export earn. ICT and manufacturing are expanding, with more emphasis on innovation and establishing deep niche markets.

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