Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Scorecard shows anti-growth environment

Media release
8 December 2003

Scorecard shows anti-growth environment

The latest Changing Gear scorecard again shows the difficulties faced in growing business and the economy, says Business NZ.

Releasing the latest update (attached), Business NZ Chief Executive Simon Carlaw said the scorecard showed New Zealand either static or falling behind on most key indicators.

The Changing Gear scorecard is a set of objective indicators of the environment for accelerated economic growth, devised in 2001 and updated regularly since.

"The key indicator - wealth of New Zealanders - is declining," Mr Carlaw said. "We are not catching up with the citizens of the richest countries. This has a direct relationship with the length of our hospital waiting lists and our ability to shorten them.

"Our work stoppage figures are far from the target, as are indicators for the tax burden, roading expenditure and local government expenditure. Only six of the 22 indicators show improvement over 2002.

"The scorecard represents an objective measure of our progress towards a growth culture. On current performance, we have a long way to go."

The 2003 scorecard was completed before the introduction of the Employment Relations Law Reform Bill and other recent legislative initiatives that will also impact negatively on New Zealand's growth potential.

*The Changing Gear scorecard 2003 is on

© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news