Solving NZ’s productivity woes requires patient investment

Productivity Commission chair Ganesh Nana says investing in productivity is not a 'nice to have' for calm times. (Image: Productivity Commission)

Jem Traylen

Tue, 04 Jul 2023

The Productivity Commission says lifting productivity requires sustained long-term investment instead of looking for quick and easy fixes.The commission released the fourth iteration of its Productivity by the numbers report on Monday showing that New Zealand’s economic performance has changed very little from when it produced its first assessment in 2013.In recent decades, output per capita has been keeping pace with or even exceeding the growth seen in other advanced economies – some of this is due to improving terms of trade, but...

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