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Andrew Mackie and Richard Payten named cinema pioneers of the year
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Meet the Buyers: Broadcasters, streamers, distributors and sales agents outline what they re looking for at Screen Forever
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Marcus Gillezeau joins Studiocanal ANZ as head of production and development
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Letters: Snow flakes on bikes, Impeaching Trump and Unmasked fliers
7 Feb, 2021 04:00 PM
7 minutes to read
Parliament Buildings, from left, Bowen House, the Beehive, and Parliament House, Wellington. Photo / File
NZ Herald
Low GDP begins with inefficiency
When reviewing the economy, commentators, business leaders and economists often target the country s low productivity as the fundamental factor restraining the growth of GDP. It is not. The root cause of low growth in this country is that we are cursed with day-to-day inefficiency and lack of responsibility. Our local councils barely function at all in delivering their basic tasks. Road building, construction, public works, and other undertakings are rarely completed on time or within budget.