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Business Scoop » Productivity Commission s Report On Frontier Firms: Too Wellington Centric

Press Release – Cities and Regions The current Productivity Commission report into ‘Frontier Firms’ those highly productive, sophisticated and high value export firms – is timely. It outlines an issue we clearly have in New Zealand. The Chair Ganesh Nana says that productivity … The current Productivity Commission report into ‘Frontier Firms’ – those highly productive, sophisticated and high value export firms – is timely. It outlines an issue we clearly have in New Zealand. The Chair Ganesh Nana says that productivity gains from our frontier firms is a key part of the puzzle to improve wellbeing in NZ but unfortunately ‘labour productivity of New Zealand’s frontier firms is less than half (45%) that of the best frontier firms in other small advanced economies (SAE)s’.

auckland scoop co nz » Productivity Commission s Report On Frontier Firms: Too Wellington Centric

Press Release – Cities and Regions The current Productivity Commission report into ‘Frontier Firms’ – those highly productive, sophisticated and high value export firms – is timely. It outlines an issue we clearly have in New Zealand. The Chair Ganesh Nana says that productivity gains from our frontier firms is a key part of the puzzle to improve wellbeing in NZ but unfortunately ‘labour productivity of New Zealand’s frontier firms is less than half (45%) that of the best frontier firms in other small advanced economies (SAE)s’. Stating the problem, however, is a far cry from understanding why this is so and how we will change it. And unfortunately, the Commission is off track here.

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