Today's Editorial in the Dominion Post requests substance not rhetoric from the two Party leaders in their major speeches this week. we agree particularly with the focus in the Editorial on New Zealand's position within the OECD. Helen Clark's Government has failed to deliver on its goals. What would John Key do that would get us back up the wealth league?
The Hive believes that the key is productivity growth. Again Labour has failed to deliver. Our productivity growth ranking is almost exactly the same as our wealth ranking in the OECD, near the bottom. This is no coincidence.
How can we get back near the top? Tax cuts, huge infrastructure investment, bigger technology investment by business backed up by world class broadband, less domination of the economy by Government, rationalisation of local government, and moving in concert with the OECD on climate change policy response, not trying to be the leader.
Last week's study on relative transport costs between Australia and New Zealand was a real eye opener.
