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19 Apr 2024 18:40
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  •   Home > News > Business

    New Zealand has a productivity problem

    New Zealand has a productivity problem

    19 May 2022
    This from an economist -- urging the Government to invest more money into research and development in today's Budget.

    Otago University's Murat Ungor says New Zealand is not a competitive name on the market for innovation.

    He says when people think of California they think of Silicon Valley - home of tech companies worth billions - like Google.

    He says our only major international brands are dairy products, and we cannot get richer simply by exporting milk powder.

    The Government's so far earmarked an extra 20-million dollars over four years into supporting digital technologies this Budget.

    © 2024 Newstalk ZB, NZCity


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     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
     Top Stories

    RUGBY RUGBY
    Highlanders halfback James Arscott is sticking to the basics ahead of a rare start in tonight's Super Rugby clash against the Reds in Brisbane More...


    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...



     Today's News

    International:
    Iranian state media reports explosions heard at airport in central Iran 18:37

    Rugby:
    Highlanders halfback James Arscott is sticking to the basics ahead of a rare start in tonight's Super Rugby clash against the Reds in Brisbane 18:37

    Entertainment:
    Kate Beckinsale has hinted at "tummy troubles" after her recent health issues 18:10

    Basketball:
    The Sydney Kings have signed New Zealand guard Izayah Le'afa on a two-year deal 18:07

    Athletics:
    New Zealand will have a triple jumper at an Olympics this year, for the first time since 1960 in Rome 17:57

    Motorsports:
    Home is where the heart is for New Zealand Supercars driver Andre Heimgartner 17:47

    Entertainment:
    Bethenny Frankel was "relieved" to suffer a miscarriage 17:40

    Rugby:
    The country's fastest-ever woman, Zoe Hobbs, insists she's ready for the big lights and atmosphere of an Olympics... after being confirmed for her first Games 17:37

    Christchurch:
    Part of State Highway One is closed in Canterbury after a crash involving a truck and three cars that's seriously injured at least one person 17:27

    Entertainment:
    Seth MacFarlane has no "good reason" to stop making 'Family Guy' 17:10


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