What’s up with frontier firms? ProdCom going under the hood

Mon, 13 Jan 2020

Finance Minister Grant Robertson has tasked the Productivity Commission with finding out how to get the most from firms at the cutting edge of technology and innovation.Robertson released the inquiry's terms of reference, noting that the average New Zealand tech firm didn't perform as well as their global peers and that domestic benefits were slow to filter through.“While we do have some world-leading firms, we need them to lift performance and productivity to create a pathway for more firms to succeed on the world stage,” Robertson said.His an...

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Politics

Govt reshuffle: Lee demoted, Simmonds loses portfolio

Melissa Lee has been stripped of her media and communications portfolio and dropped from the cabinet, prime minister Christopher Luxon announced today.He has given Paul Goldsmith the portfolio after Lee was widely criticised over her public handling of the numerous issues facing...

Staff reporters 1:20pm

Economy