
Economic impacts of a dark sky reserve in Waimakariri
Benje Patterson was commissioned by Enterprise North Canterbury to analyse the potential economic impacts from the creation of a dark sky reserve in Waimakariri centred on Oxford.
Benje Patterson was commissioned by Enterprise North Canterbury to analyse the potential economic impacts from the creation of a dark sky reserve in Waimakariri centred on Oxford.
Arapuke Forest Park is a key drawcard for mountain bikers to Palmerston North and Manawatū District. In 2022, there was $5.0 million of spending in the region that was attributable to visitors for whom biking in Arapuke Forest was a key motivation for the visit.
I have just returned from a third-place finish at the Brisbane Trail Ultra 100-mile race on the Spartan Trail World Championships tour.
Net migration figures released this morning showed that immigration remains high, but has moderated somewhat from its February/March peak. Today's result is likely to further reassure the Reserve Bank that short-term inflation is unlikely to be exacerbated by a sharper spiking from new migrants' demand.
In the past 6 months, New Zealand's working age population increased by an extraordinary 59,100 people. This data highlights that the current migration boom is being fueled by people who are here to work!
Three months ago I picked it that NZ was already in a recession - six months ahead of the RBNZ's expectation. It has now been confirmed that, with a slight 0.1% decline in March, New Zealand is in a technical recession at present.
Employment expanded by 0.6% (seasonally adjusted) in April! That is rapid growth for the month - annualised that would equate to more than 7% of additional filled jobs across a 12 month period.
There was $16.7 million of spending in Dunedin during 2022 that was attributable to visitors for whom biking in the city's production forests was a key motivation for the visit.
I recently appeared on Radio New Zealand's The Panel to discuss the $291 million spent by bike tourists to New Zealand's production forests in 2022.
There has been a huge lift in youth and female employment over the past year, which has massively eased employment shortages. The challenge moving ahead will be on retention, particularly in an environment where wage increases are unlikely to be as rapid as we have experienced recently due to signs that profit margins are becoming squeezed.
At least $291 million was spent by bike tourists who cycled through New Zealand’s production plantation forests in 2022. The top regions for production forest bike tourism are Rotorua, Auckland, Queenstown, Dunedin, and Christchurch, followed by Wanaka, Nelson Tasman, Taranaki, Taupō, and Coromandel.
I attended Budget 2023 with the sole focus of trying to establish what was in it for regional economic development. As I scanned through the Budget documents, I was immediately concerned that there was no regional economic development media release as there had been in previous budgets.