Why New Zealand’s ‘No 8 Wire’ thinking won’t cut it: new BCG report

A new report from Boston Consulting Group says there are growth constraints on industries like tourism. (Image: NZME)

Thu, 06 Mar 2025

When it comes to industrial policy and picking winners, New Zealand has been spreading its bets too thin to ever hit the jackpot. Sometimes, it hasn’t even been making any bets at all.That’s the message of Boston Consulting Group (BCG) in a report released Thursday morning entitled “What Will New Zealand be known for in 2050?”, authored by BCG managing partner Kelly Newton. “I don't phrase it as picking winners or losers. It's making choices,” Newton told BusinessDesk in an interview. &ldquo...

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