NZ econ­omy grow­ing with vigour

South Waikato News - - CLASSIFIED - By LOUISE UP­STON

Happy new year to ev­ery­one in the South Waikato.

It was great to make the most of the sum­mer weather with my fam­ily and I hope you were able to do the same.

I’m ex­cited to be at the start of another year where we are able to seize the many op­por­tu­ni­ties that are avail­able to work to­wards more jobs and higher wages for all New Zealan­ders.

I think we are be­gin­ning 2015 in good shape.

The econ­omy is in its fifth year of ex­pan­sion and eco­nomic growth is ex­pected be bet­ter than that in the Euro area, United States, United King­dom, Ja­pan, and Canada.

Em­ploy­ment is grow­ing, with 72,000 more peo­ple em­ployed than a year ago, and an ad­di­tional 153,000 peo­ple are ex­pected to be in work by mid2019.

The av­er­age full-time wage is ex­pected to rise by $ 8000 to around $ 64,000 by mid- 2019. Un­em­ploy­ment, cur­rently down to 5.4 per cent, is ex­pected to fall to 4.5 per cent by 2018.

We are work­ing hard for you, work­ing to­wards sta­ble, sus­tain­able growth over the long term to support New Zealan­ders and their fam­i­lies.

We’ll con­tinue to do this by spend­ing tax­pay­ers’ money wisely and re­spon­si­bly man­ag­ing the coun­try’s fi­nances – just like you’d ex­pect us to.

We’ll con­tinue to build a more com­pet­i­tive and pro­duc­tive econ- omy be­cause that’s the best way to cre­ate more jobs and in­crease your wages.

We’ll con­tinue to work at de­liv­er­ing bet­ter pub­lic ser­vices. Th­ese in­clude lifting ed­u­ca­tional achieve­ment and up­skilling our work­force, pro­vid­ing bet­ter and more con­ve­nient health­care, get­ting more peo­ple off wel­fare and into work, sup­port­ing the vul­ner­a­ble, and mak­ing our com­mu­ni­ties safer.

I’m sure you’ll agree that New Zealand is a re­mark­able coun­try and there are many op­por­tu­ni­ties for us all.

After a re­fresh­ing break with fam­ily and friends I’m look­ing for­ward to get­ting stuck in and con­tin­u­ing to build the brighter fu­ture our com­mu­nity and all New Zealan­ders de­serve.

I’m look­ing for­ward to see­ing you around the South Waikato com­mu­nity very soon.

Louise Up­ston, Taupo/Tu­rangi MP

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