Top marks: $10 billion GDP makes Western Bay one of strongest regions
5 Mar, 2021 07:00 PM
6 minutes to read
Tauranga and the Western Bay are one of the top performing regions in the country. Photo /File
Tauranga and the Western Bay are one of the top performing regions in the country. Photo /File
The Western Bay s GDP has tipped $10 billion again despite Covid-19, with the region s primary sectors continuing to drive job creation. A report from Infometrics on Tauranga and the Western Bay sub-region, which compares 2020 to 2019, highlights an unemployment rate of 3.9 per cent compared to the national rate of 4.6 per cent and a 2020 GDP of $10 billion only .06 per cent behind figures in 2019.
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Among those facing challenges were engineering companies and food companies. Ceri Macleod, general manager of Sorec, a professional body representing the manufacturing engineering sector across the southern region, said a number of its members had reported delays in receiving goods from overseas. “This puts additional pressure on the manufacturing engineering sector, particularly in the southern region,” she said. “Delays can have a significant impact on production and ability to fulfil orders on time.” Some of the issues could be addressed by pulling together as a network, but it placed extra pressure on its members and their businesses. Gareth Lyness, sales and supply chain manager of Blue River Dairy, an Invercargill business that exports infant formula from sheep, goat and cow milk, said the company sourced most of its ingredients and packaging from New Zealand.
Ports of Auckland: The global supply chain is stuffed
15 Jan, 2021 05:00 AM
7 minutes to read
COSCO chief operating officer Mark Scott and Ports of Auckland spokesperson Matt Ball remain confident they can weather a storm of delays from surging inbound cargo. Video / CCTV via AP
COSCO chief operating officer Mark Scott and Ports of Auckland spokesperson Matt Ball remain confident they can weather a storm of delays from surging inbound cargo. Video / CCTV via AP
Major supply chain issues caused by delays at ports nationally and globally are hampering retailers efforts to stock up as consumers pick up their spending. Retail NZ said the issues were affecting most products that