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Hamilton eyes Auckland business exiles

NZ NewswireNZ Newswire 28/09/2016
An aerial view of Hamilton © Getty Images/Danita Deilimont An aerial view of Hamilton

Hamilton is hoping to encourage businesses priced out of the Auckland market to relocate down State Highway 1.

The city council's head of growth Kelvyn Eglinton says it has a lot to offer those looking to reduce overheads.

"We have already received queries from companies in Auckland, and further afield, that are looking to relocate due to increasing costs in Auckland," he said.

Mr Eglinton said some of the interest related to companies looking to relocate part of the business, especially in innovation and research and development sectors.

He said the local economy grew by 3.6 per cent last year and the average house price was below that of Auckland and other major cities.

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