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The professional services sector

The professional services industry helps drive the success of local and international business located in Wellington and around New Zealand.

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Driving global success

The professional services sector helps to drive the success of many business locally, as well as in the global marketplace. 

Professional service firms are helping to build efficient international businesses, with 27% of businesses reporting an overseas income (MBIE, 2014).

The professional services sector amounted for the largest share of New Zealand’s Gross Domestic Product (GDP) reaching 8.1% in 2011, totaling $13.9 billion (MBIE, 2014).

Supporting key industries

The professional services sector in Wellington supports the business activities of knowledge industries such as:

These sectors in turn provide solid flow of business to support professional services providers in Wellington.

Professional opportunities 

The professional services sector in New Zealand is strong and stable, and ranks in the top three sectors for return on equity.

In 2012, the sector generated a return on equity or 21%, well over the average for all sectors in New Zealand at 9% (MBIE, 2014).

The sector is also the second largest job creator between 2000 – 2012, creating almost 63,000 new jobs. Professional services is the third largest sector by employment in 2012 accounting for 8.7% of all full time employees in New Zealand.

Professional services such as law, accounting, marketing and management consulting are well represented in Wellington by global companies as well as smaller locally-owned businesses.

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