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13 Mar 2025 9:10
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  •   Home > News > Business

    The Reserve Bank doesn't expect New Zealand's low productivity to pick up in the near future

    The Reserve Bank doesn't expect New Zealand's low productivity to pick up in the near future


    It expects the economy to recover slowly - boosted by high beef and dairy prices and a low Kiwi dollar.

    But productivity remains an ongoing concern.

    Governor Adrian Orr says we need to change up how we do things.

    He says New Zealand's economic growth in recent decades has generally been driven by immigration, and the country needs to invest more in technology and people.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     12 Mar: Donald Trump rejects Australia's bid for exemption from steel and aluminium tariffs
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     Top Stories

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    Questions over how proposed changes to the Foreign Investment Fund will ensure migrant workers stay longer More...



     Today's News

    Business:
    Questions over how proposed changes to the Foreign Investment Fund will ensure migrant workers stay longer 9:07

    Law and Order:
    Police in Auckland have handed down dispersal notices to three patched gang members and their associates for the first time 8:17

    Law and Order:
    A vehicle registration scam from a group posing as the Wellington Cable Car has caught the attention of the Transport Agency 8:07

    Education:
    Inquiries are continuing, into the death of a girl hit by a train in the Waikato town of Matamata 8:07

    National:
    Trans and non-binary New Zealanders earn less and are more likely to be unemployed – new study 8:07

    International:
    Trump's executive order delivers 'death sentence' to Afghan refugees hoping to resettle in US from Pakistan 7:57

    Rugby League:
    Parramatta play-maker Dylan Brown has pointed to his long-term future as the main reason for joining Newcastle in the NRL next year on a 14-million-dollar deal across a decade 7:47

    Soccer:
    All White Kosta Barbarouses has shared his disappointment on missing selection for the 2010 World Cup side ahead of next week's Oceania qualifiers in Auckland 7:37

    Business:
    Housing affordability is improving -- but it's not the same story for renters 7:27

    Law and Order:
    Rodrigo Duterte in custody of International Criminal Court on crimes against humanity charges 7:27


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