Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Slip in competitiveness worrying - Brash

Don Brash National Finance Spokesman

12 November 2002

Slip in competitiveness worrying - Brash

News that New Zealand's competitiveness ranking has slipped in the last year means it will be even harder for New Zealand to achieve sustainably higher growth, says National's Finance spokesman Don Brash

This year's Global Competitiveness Report ranks New Zealand 16th out of 80 countries for growth competitiveness, a decline of six places from our ranking last year.

"What is of serious concern in the Report is our decline from 14th to 17th place in macroeconomic environment, due largely to high Government spending and poor national savings. New Zealand also ranked poorly in technology, falling from 11th to 27th.

"This is worrying for a Government that prides itself on being supportive of growth and innovation. Considering the list of legislation currently before the House and measures in the pipeline - such as OSH, the Local Government Bill, the Holidays Act - New Zealand's competitiveness is only likely to fall further.

"If New Zealand is to achieve higher sustainable growth and move back to the top half of the OECD, Michael Cullen must focus on the things that matter - the amount and quality of government spending, the poor quality of government investment, the tax burden and the regulatory environment.

"Only when he's got these things fixed, should he bother wasting time forming compacts with the unions," says Don Brash.


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National Spreading Panic About The Economy

The lure for New Zealand to join the AUKUS military alliance is that membership of only its “second pillar” will still (supposedly) give us access to state of the art military technologies. As top US official Kurt Campbell said during his visit to Wellington a year ago:
...We've been gratified by how many countries want to join with us to work with cutting-edge technologies like in the cyber arena, hypersonics, you can go down a long list and it's great to hear that New Zealand is interested...


Government: Retiring Chief Of Navy Thanked For His Service

Defence Minister Judith Collins has thanked the Chief of Navy, Rear Admiral David Proctor, for his service as he retires from the Royal New Zealand Navy after 37 years. Rear Admiral Proctor will retire on 16 May to take up an employment opportunity in Australia... More

Labour: Grant Robertson To Retire From Parliament
Labour List MP and former Deputy Prime Minister and Minister of Finance Grant Robertson will retire from Parliament next month, and later in the year take up the position of Vice Chancellor of the University of Otago... More

Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More

Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More




InfoPages News Channels


Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.