As Labour start claiming an exodus of people from NZ, we get record inflows. Likewise as they claim a crisis in manufacturing, manufacturing indicators reach record highs. The latest Labour claim has been that the regions are being starved, and growth is happening in the major cities only.
So what does the quarterly ANZ Regional Trends report tell us. The six strongest growing regions in the last quarter were:
- West Coast
All have quarterly growth ranging from 1.3% to 2.5%, which is incredibly high.
Of course the Greens want to eliminate most of the industries in Taranaki and the West Coast!
Regional economic growth is at its strongest in nine years, with only the Canterbury region recording a slower rate of annual growth for the year to September.
Labour’s track record at picking issues continues to excel.