John Key says that Wellington is dying and “we don’t know how to turn it around”. Coupled with Brownlee’s slow suffocation of Christchurch and the Nats’ refusal to unblock Auckland’s transport arteries, its not good news for the major cities. But if Wellington is dying, (and I believe it still has the highest average income) who killed it? The guy who sacked all the public servants? The guy who killed manufacturing?
It is hugely telling that Key has admitted that he and his government haven’t a clue about how to revitalise the Wellington economy.
The answer is actually pretty simple and it’s the same with the rest of the country – get the dollar down.
The high dollar is killing manufacturing in Wellington. 14% of manufacturing jobs in Wellington are gone under National. It’s killing domestic businesses that are being undercut by artificially cheap imports.
Oh and he could stop sacking people, too.
The irony of Key’s comments is that National is making a handful of big investments in Wellington – specifically, $4 billion worth of duplicate highways. And Key’s now admitted that they won’t fix the economy. Imagine what that $4 billion could do if it was spent smartly.