New Zealand's economic performance, and government policy into the future

Early this morning John Key spoke at a business breakfast hosted by Cullen Law. Leigh attended the event and brought back a pile of notes and a lot of positive news about the Government's strategy to improve New Zealand's productivity.

Productivity has been an issue in New Zealand for years, and the Government is working on new policies to combat this, and to turn the country into an economic force to be reckoned with. From the speech:

"I cannot emphasise enough that there are no quick-fix solutions here.

And we must always be conscious that New Zealand’s wealth is generated by the private sector – by the small firms, the big companies, and the sole traders who generate the jobs, the profits, and the return on investment that drives our economy.

But there are things the government can do to further our economic objectives, by providing an environment in which the private sector can thrive.

The Government is working on six main policy drivers – these are:

* regulatory reform

* investment in infrastructure

* better public services

* education and skills

* innovation and business assistance

* a world-class tax system."

You can find the entire transcript, "Speech to business breakfast hosted by Cullen Law", on the Beehive Website.