Risk is a four-letter word in NZ: New Zealand Inc's fear of failure

Risk is a four-letter word in NZ: New Zealand Inc's fear of failure
Christopher Luxon and Nicola Willis on a recent visit to Fisher and Paykel healthcare. (Image: NZME)
Dileepa Fonseka
After spending the past two years talking a lot about getting New Zealand back on track, the Government has realised in doing so, it forgot to mention the track needs to be a growth one.Now it's making up for lost time, rolling out economy-related announcements – no matter how tenuously linked they may be to long-term economic growth.But if the Government is serious about growth, it must, at the very least, lead a conversation about something NZ is not very good at talking about: risk.Culturally, NZ is too risk-averse. The Govern...

More Economy

RBNZ warns changes to capital requirements aren't silver bullet
Economy

RBNZ warns changes to capital requirements aren't silver bullet

RBNZ estimates a reduction of 6-10bps for Option 1 and 11-17bps for Option 2.

Rebecca Howard 25 Aug 2025
'Anti-toxin wave': Gallagher’s Goodnature investment case
Primary Sector

'Anti-toxin wave': Gallagher’s Goodnature investment case

‘We look after animals. We don't typically kill them.’

Gregor Thompson 25 Aug 2025
Banks carry almost $1b of unseen flooding risk: research
Economy

Banks carry almost $1b of unseen flooding risk: research

The fresh academic research came as the reporting season opened.

Staff reporters 25 Aug 2025
Kiwibank looks to grow as FY profit tightens
Finance

Kiwibank looks to grow as FY profit tightens

Kiwibank has flagged the NZ economy to improve in 2026.

Staff reporters 21 Aug 2025