Market Economics - Memo

Latest news & views from market economics / December 2013

Xmas Office Hours 

We are closed tomorrow (Friday 20th) for our staff Xmas day-out but will be checking emails. We are open on Monday and Tuesday next week. The office will then be closed and will re-open on Monday the 6th of January.



Wrapping up 2013

As 2013 draws to a close, it’s time to take a breath from what has been a busy year at M.E. Overall, development (consent) related work has been quieter this year than in the past. Some of these projects have included proposals in Milford, Beachlands, Hobsonville, Opua, Hamilton and Rotorua. However, there has been a noticeable increase in work related to ‘planning’ for future residential and commercial growth, particularly in Christchurch (integrated growth modelling), but also in Whakatane, Raglan and Auckland (with projects in Mt Roskill, Tamaki, Paerata/Wesley to name a few). This indicates that development consent work may well be picking up again in 2014 and raises the issue of capacity in our construction sector. This question has seen us working on a series of projects in 2013 focussed on understanding productivity and projecting demand for specific skills in our labour force.

2013 has also seen many councils taking a closer look at wider urban form policies. We have worked with Dunedin City, Wellington City, and Whangarei City for example on retail/centre models, and we have continued to help our retail clients to understand the growth potential of individual centres, stores or sites around the country as part of optimising their networks and responding to growth and competition.

A lot of our work in 2013 has revolved around some key issues or sectors. Airport related work has been an important part of the second half of the year. Alcohol policy work has been steady throughout the year. Marina developments and expansions in the North Island have been a feature and studies on the use and allocation of freshwater resources (re Southland) have been completed and this looks likely to be topical again in 2014. As will work we have been involved in on the dairy sector – including the economic implications of nutrient run-off and mitigation measures. Lastly, marine related policy has generated a range of interesting projects on issues relating to aquaculture, marine parks, and fisheries.

M.E continues to work on a number of large regional and national research and policy initiatives. This year these have included Sustainable Pathways 2, the economics of resilient infrastructure, Volcanism, Manaaki Taha Moana and more.

We wish to extend a big thanks to all those clients that we have worked for this year and also the lawyers and consultants we have worked alongside. We are looking forward to another productive year in 2014. In the meantime, we hope you have a very Merry Christmas and a relaxing holiday break.


Market Economics Ltd
Level 5, 507 Lake Road,
Takapuna 0740, Auckland, NZ
+64 9 915 5510
+64 9 915 5513

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