The Government has unveiled its latest quarterly plan, outlining 38 new actions it will take over the next three months to grow the economy and improve life for New Zealanders.
Prime Minister Christopher Luxon said the plan continues the Government’s focus on economic recovery, cost-of-living relief, and long-term growth.
“There are positive signs of the economic turnaround this Government was elected to deliver,” Luxon said. “With GDP rising, interest rates falling, and inflation under control, our plan is working—but we’re not taking our foot off the pedal.”
Key initiatives in the Q2 plan include new legislation to attract more international investment and to ratify New Zealand’s trade agreement with the United Arab Emirates. Luxon said both measures are vital to helping local businesses grow, create jobs, and boost incomes.
Other priorities include supporting tourism and international education and advancing the 30-year National Infrastructure Plan. The Government says the plan will provide long-term certainty for the construction sector and help attract further investment.
“A bigger economy means more jobs, higher incomes, and better funding for essential services like health and education,” Luxon said. “Growth doesn’t just happen—we’re focused on making it happen.”
Luxon also pointed to early progress in the second quarter, including legislation to allow more building products onto the market—expected to increase choice and reduce renovation costs for Kiwis.
The Q2 plan builds on the Government’s Q1 achievements. Of the 40 actions set out in the first quarter, 37 were fully completed, two are nearing completion, and one has been delayed for further industry consultation.
The new plan reflects commitments from both the National-ACT and National-New Zealand First coalition agreements.
Image credit: Getty Images
So no clue whatsoever…how about developing NZ’s chronically underfunded and utterly dismal R&D sector….nope just sell us to more foreign interests, instead…….
Here is just a list of those 38 ‘new’ actions-
1-37 = war
38 = total devastation…no one to trade with, no food, medicine, potable water, etc.everything destroyed…
Just to get some perspective of how pitiful the New Zealand economy has become in recent years.
When I retired to Thailand in 2016 the currency exchange rate was one dollar for 25 Thai Baht.
Now the exchange rate is one dollar for 19 Thai Baht. Near enough 25% depreciation and the Thai economy does not exactly qualify as a “Rock Star””.
Saw the same situation when I recently went to China. The exchange rate is not bad, 4 to 1 on paper (less when you actually undertake the exchange, through a currency trader or bank) but nothing like it used to be. Thankfully, China is having a modest recession, so prices have not risen, too much.
The apartheid “te tiriti” is sure to attract foreign investment into “Aotearoa”, and New Zealand’s best and brightest and most productive just won’t consider leaving this Maori wonderfulness paradise called Aotearoa, now will they.
80K left in 2024, give or take…..its only going to get worse…….and unlike their claims, its not just the young, its well established middle class people, who are suddenly struggling and have had enough……