Built on a foundation of partnership, City Deals could help reset the relationship between central and local government around how we approach growth and build prosperity in our regions and main centres across New Zealand. We are grateful to have had Paul Low visiting this week from KPMG’s Brisbane office who has extensive, hands-on experience crafting and negotiating City Deals in Australia, drawing on the experience of the UK devolution model. City Deals are not business as usual - Paul emphasised the importance of getting to a higher order conversation around economic outcomes and unlocking real value.
This is a conversation beyond a wish list of unfunded projects. It requires effective leadership authority and mature relationships. Institutional reform should not be underestimated in order to make City Deals stick and succeed beyond electoral cycles. He referred to three horizons for ambition and reform in City Deals, from a relatively straightforward organising framework for bringing catalyst commitments together to focus efforts, to funding reform and devolution.
We are energised by our recent discussions and debates, and look forward to continuing the conversation.
Please get in touch with any questions, or to continue the City Deals discussion.
Get in touch
Stephanie Ward
Partner – Deal Advisory
KPMG in New Zealand
Karen Mitchell
Principal, Deal Advisory
KPMG in New Zealand
Jesse Phillips
Partner - Deal Advisory, Wellington
KPMG in New Zealand