Podcasts Other The Mike Hosking Breakfast Brett O'Reily: Employers and Manufacturers Association CEO on New Zealand falling behind in digital competitiveness

Brett O'Reily: Employers and Manufacturers Association CEO on New Zealand falling behind in digital competitiveness

Published: Oct. 18, 2023, 9:06 p.m.

New Zealand is falling behind in terms of digital competitiveness.\xa0

A new report has revealed that the country\u2019s manufacturing sector is the weakest performer in terms of productivity over the past 20 years.\xa0

The annual growth rate of labour productivity and manufacturing is only 0.92% over the last decade, sitting below the New Zealand average of 1.17%.\xa0

Employers and Manufacturers Association CEO, Brett O\u2019Reily, told Mike Hosking that we\u2019re falling behind because we refuse to put in place things like the accelerated depreciation scheme.\xa0

He said that there\u2019s a lack of incentive for businesses to grow their productivity.\xa0

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