This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Apr 21, 2008
Exodus Continues
The net outflow of New Zealanders to Australia continues to grow. This will not stop until taxes are cut substantially and wages grow relative to Australia. To achieve this we need a huge improvement in productivity. This requires much better infrastructure roading, electricity and fibre going to more places than the Wellington and Auckland CBDs. And interest rates also need to come down so that firms can start investing more in technology.