Nelson and Tasman have taken out the two top spots as New Zealand’s best-performing regions in the latest ASB/Main Report Regional Economic Scoreboard.
Nelson had risen from second place and was also doing well in the construction, tourism, horticulture and viticulture sectors. Tasman had jumped four places to sit second, the December 2016-quarter report revealed.
In terms of residential and non-residential construction, the December 2016 quarter was up 83 per cent from December 2015 and that figure stood out as a “whopper”, said ASB senior rural economist Nathan Penny.
“To be top of what is a nationwide boom at this stage is pretty impressive.”