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Auckland, New Zealand News About Auckland, New Zealand Auckland is the economic and financial hub of New Zealand, accounting for about one-third of the nation's GDP. The Auckland region is expected to lead the nation's population growth. According to the city government, growth of the city's economy was 4.6 per cent during the year ending March 2002, outstripping both the regional and national growth rates during this period. Since then, the city's economy has continued to perform well with growth averaging approximately 5 per cent up to December 2002. According to the Business Demographic Survey produced by Statistics New Zealand, property and business services are some of the city's most important industries accounting for approximately 28 per cent of the economy. Many business and financial firms have been attracted to Auckland from other parts of New Zealand and abroad including names such as Cisco, Citibank, IBM, KPMG, Merrill Lynch, Microsoft and Price Waterhouse. Other important industries include wholesaling, manufacturing and communications, while the primary sector accounts for approximately 12 per cent of the city's economy. The port of Auckland also plays a vital role in the success of the region's economy. Ports of Auckland, the company responsible for running the port, has estimated that approximately 33 per cent of jobs in the Auckland region are provided by companies that rely on trade through the port. According to figures produced by Statistics New Zealand from the 2001 census, some 16 per cent of Auckland's labour force have a Bachelors degree or higher, 9 per cent have advanced qualifications and a further 29 per cent had vocational qualifications. Other Major Cities:
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