Executive Summary Introduction Economy
• A record 1497 new homes were completed up 6% on 2020. • A 12% increase in the number of homes under construction. • Hamilton made up 41% of Waikato’s $30 billion Gross Domestic Product (GDP) and 43% of its jobs. • Hamilton’s GDP was $12 billion increasing 4.3% since 2019 despite the pandemic, and for the first time supports over 100,000 jobs. • Unemployment declined to 4.8%.
Hamilton City Council - 2021 Hamilton Annual Economic Report
Central City
• Council submitted a proposal to the Infrastructure Acceleration Fund based on its $334 million expression of interest for the central city.
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People
2021 was another big year for growth in Hamilton, with continued growth in population, housing stock and economy, while dealing with the ongoing challenges and uncertainty of the COVID-19 pandemic.
2021’s highlights for Hamilton include: Commercial
Hamilton is the thriving heart of the region and an integral part of the golden triangle between Auckland and Tauranga. With a population of 178,500 it is New Zealand’s fourth largest city and has a growth rate higher than Auckland, Christchurch and Wellington over the last three years. Hamilton has a diverse economy which helped it weather the pandemic better than New Zealand’s other major cities.
Housing
Executive summary
