NZ, are we in trouble?......cont

On March 17th, I posted a video and post asking the question, "NZ are we in trouble?"

Well, it would appear we just might be. This March 2025 report, commissioned by 2degrees and prepared by Deloitte Access Economics, examines how accelerating technology adoption and innovation can boost productivity in New Zealand.

It highlights that current economic challenges in New Zealand underscore the urgent need for a productivity uplift, as the country lags internationally in both technology adoption and R&D investment.

The report assesses the potential economic benefits of increased investment in these areas, suggesting significant GDP growth is possible.

Furthermore, it identifies barriers hindering technology adoption and innovation, such as skills shortages and a lack of business dynamism, and proposes a pathway forward with recommendations for government and businesses.

I think that NZ has both a real challenge and one of the most important opportunities on the horizon.

If you'd like to read the report, it's here.

Productivity_Propelled-Accelerating_technology_adoption_and_innovation_in_New_Zealand_repo.

Download • 1.36MB

If time if you prefer a more time respecting version, here is a pod cast I created.