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Speaker 1: But right now we've got a new report out today

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Speaker 1: comparing Auckland City's strengths and weaknesses compared to the rest

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Speaker 1: of the world. So the Queen City is punching above

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Speaker 1: its weight in diversity, sustainability and culture, but serious action

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Speaker 1: is needed in economic opportunities, skill set and innovation. So

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Speaker 1: Kate Sutton is the lead for the Future of Auckland

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Speaker 1: at Deloitte and joins me. Now, good morning to your Kate.

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Speaker 2: Hi, how are you? Thanks for having me on.

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Speaker 1: It's a pleasure. Aukland's a lovely place to live, but

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Speaker 1: the economy is a bit stagnant. Is that fair? You

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Speaker 1: know what jumps out at you from this.

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Speaker 2: Report we've been We've been doing this report for three

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Speaker 2: years without partners, the Committee for Auckland and Auckland Council,

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Speaker 2: and this is the third year we've been running. It's benchmarking.

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Speaker 2: So what it does is it compes Auckland, as you said,

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Speaker 2: not just to the rest of the world, but to

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Speaker 2: comparable cities globally. So the whole thing is how are

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Speaker 2: we doing compared to our sort of peer cities. And certainly,

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Speaker 2: although it shows we've had some grain shoots over the

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Speaker 2: last year you talked about you mentioned that the headline

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Speaker 2: resilience certainly sustainability and culture where we do well. That's right.

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Speaker 2: Our kind of prosperity and economy pieces is lagging. Particularly

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Speaker 2: we've been focusing this year on productivity in Auckland.

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Speaker 1: Well, why is the productivity down? Why is the productivity

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Speaker 1: not good? How can we improve the city's business performance?

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Speaker 2: Yeah, so, I mean for Auckland we're a forty percent

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Speaker 2: of the GDP, which is pretty good comparably globally, it

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Speaker 2: could be higher. However, our productivity per capita is lower

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Speaker 2: by about twenty percent from our kind of peer cities Copenhagen,

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Speaker 2: Vancouver often. So what does that mean. It means that

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Speaker 2: we're doing more for left and there's kind of some

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Speaker 2: structural reasons behind that, kind of low capital investment and

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Speaker 2: efficient land use, which we know the council has been

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Speaker 2: doing quite a lot of work on our export intensity

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Speaker 2: and unfortunately some of our kind of management capability, so

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Speaker 2: there's a step up that to be done. The report

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Speaker 2: does go into some recommendations around kind of structures that

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Speaker 2: are required. A lot of this is around we've got

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Speaker 2: this great opportunity with the city and regional deal. I'm

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Speaker 2: not sure if you've been following it. It's a bit wonky,

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Speaker 2: but it is important. The government have signed an MoU

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Speaker 2: with Auckland councils saying they're going to do a deal

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Speaker 2: to try and you know turbo charge Auckland in terms

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Speaker 2: of it being super sific. Well, that is opportunities in

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Speaker 2: that deal.

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Speaker 1: That is the big question. I mean who is responsible

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Speaker 1: for driving the change? Is it local government? Is it

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Speaker 1: meyor Brown? Or is it the central government? I mean

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Speaker 1: who's in charge? Who should push this?

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Speaker 2: Well very much so globally it shows that it has

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Speaker 2: to be triparth a or multi part a, so I

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Speaker 2: know that that can be a little bit inconvenient. We've

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Speaker 2: got the Minister Watts today, We've got Mayor Brown today,

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Speaker 2: and certainly we'll be saying to them what is the

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Speaker 2: what are the drivers for you and what what what

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Speaker 2: does deliverability look like for you? But certainly the private

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Speaker 2: sector plays a key role. So many of your listeners

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Speaker 2: will get that. You know, what are the things that

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Speaker 2: the private sector needs to do and invest in their businesses,

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Speaker 2: invest in people to ensure that they stay in New

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Speaker 2: Zealand and kind of reap the benefits from these great things,

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Speaker 2: the resilience and the sustainability and the culture side of

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Speaker 2: our city.

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Speaker 1: Good South Ky Sutton, A future of all can lead

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Speaker 1: at Deloitte.

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Speaker 2: For more from Early Edition with Ryan Bridge. Listen live

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