30 May 2008


10 Best Reasons for doing business in Northland

The First half of 2008 has started out as a bit of a shocker. Petrol Prices have skyrocketed, Interest rates have held their highs, basic food stuffs are increasing in price and the Housing market is slumping.

The Northland Chambers own survey on business outlook has reported a drop in confidence over the coming 12 months which has been backed up nationwide by indicators out of the major banks.

In mid May 2008 the Northland Chambers of Commerce asked members what was the best reason for being in business in Northland and awaited the response. We have had feedback from a few businesses to say that the business climate was getting tougher. We were pleasantly surprised to discover that the replies came in over the next week or so were full of enthusiastic comments and the positive sides of being in business in our region.

The amount of enthusiasm and feedback we received cemented the impression that our membership although diverse and widely spread do have a more optimistic and positive outlook than other businesses.

These comments are outlined along with the complete list in our eBook - the 10 best reasons to be in business in Northland which can be downloaded from our website www.northchamber.co.nz

3 of the 10 best reasons for being in business in Northland

1. Northlands Statistics
Unemployment is down - Northland's unemployment rate continues to break records by bucking expectations and trending downwards to another record low of 3.9% (from 4.1%) in the previous quarter. This is only a fraction higher than the national average which has grown from 3.4% to 3.6% over the last quarter. A great result for Northland in comparison to a number of other regions' rates progressing upwards (This fact unfortunately wasn’t reported in mainstream media) source DOL
Population growth : Statistics NZ predict Population growth for the future to be at around a 13 % for the period 2006 - 2013
2. Businesses still want to relocate here:
Why wouldn’t they. Climate, lifestyle, comparatively cheaper rental/ leases on commercial properties & Staff Costs. Some of the constraints on availability of good commercial property being answered in the medium term by industrial developments in Waipapa and Marsden Point.
3. Region of Opportunities
A number our members mentioned the endless opportunities in Northland. Most of these people are 'new Northlanders' who hang recently relocated here have identified a number of business opportunities or Gaps in the market in various industries within Northland in comparison to markets like say Auckland. (Anons)
Marsden Rail Link will open up opportunities for Developers, Businesses and the Port and act as a catalyst for Economic and Business Development in the Region.
Attraction of technical and skilled immigrants is made easier through the ability to market the lifestyle and physical attributes of the region as a great place to live, work and play.

Other reasons given by Chamber members were People, Lifestyle, Location, Productivity, The Economy, Co-opetition and Knowledge.

The Complete list of comments and breakdown can be downloaded from www.northchamber.co.nz

The Northland Chamber of Commerce is the networking, education, advocacy and marketing group for Northland business, and is part of a nationwide network of 30 and a world-wide movement of 21,000 chambers. Subscription to the free fortnightly chamber e-news can be arranged on info@northchamber.co.nz. Enquiries to 09-4384771 or www.northchamber.co.nz, www.kaiparachamber.co.nz and http://www.farnorthchamber.co.nz/

You can have a say on this by going to the Northland Chamber of Commerce Feedback website on
http://www.northchamber.blogspot.com/




















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