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4 Jul 2022 2:42
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  •   Home > News > Business

    New Zealand has a productivity problem

    New Zealand has a productivity problem


    This from an economist -- urging the Government to invest more money into research and development in today's Budget.

    Otago University's Murat Ungor says New Zealand is not a competitive name on the market for innovation.

    He says when people think of California they think of Silicon Valley - home of tech companies worth billions - like Google.

    He says our only major international brands are dairy products, and we cannot get richer simply by exporting milk powder.

    The Government's so far earmarked an extra 20-million dollars over four years into supporting digital technologies this Budget.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    Motoring:
    Searching for the King 22:49

    Motoring:
    At least 20 people have been killed in southwestern Pakistan when a passenger bus plunged into a ravine 21:49

    Business:
    Fourth of July weekend is causing havoc at US airports with the highest passenger numbers since before 2020 21:19

    International:
    Fighting has intensified for Lysychansk, Ukraine's last big bastion in the strategic eastern province of Luhansk, and an adviser to President Volodymyr Zelenskiy concedes the city could fall 18:59

    Rugby:
    Novak Djokovic meets an unfamiliar face in his fourth round match on day seven at Wimbledon 18:39

    Rugby League:
    A winning welcome home for the Warriors 18:19

    Accident and Emergency:
    A motorcyclist has died in a collision involving a truck in Northland this afternoon 18:09

    International:
    Australia's Alexander Volkanovski beats Max Holloway to defend featherweight title at UFC 276 17:59

    Environment:
    NSW is facing danger on multiple fronts with rain set to worsen, threatening floods and erosion, as conditions deteriorate earlier than expected 17:29

    Environment:
    India are well on top of England, after a rain-interrupted second day of the series-deciding Test at Edgbaston 16:49


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