Happy New Year. I hope you’ve had a wonderful and restful break.
This year is all about growing our economy.
While things are still tough for a number of families there are positive signs that the economy is recovering. Average mortgage rates are falling, business confidence is rising, and exports in regional New Zealand are growing fast – supporting jobs and incomes across the economy.
A strong economy means more jobs and higher incomes and allows us to spend more in health and education.
Last year, we made tremendous progress – getting on top of inflation, supporting Kiwis with the cost of living through tax relief and FamilyBoost, and bringing a culture of fiscal discipline back to Wellington.
Now we can turn to the next phase – enabling the growth and productivity that New Zealand needs to thrive.
Trade is a key part of that. New Zealand needs to be out selling our goods and services to the world.
I have just returned from Abu Dhabi where we signed the New Zealand-UAE Comprehensive Economic Partnership Agreement (CEPA). Two-way trade between New Zealand and the UAE is currently valued at NZ$1.3 billion. This deal means duties will be eliminated on 98.5 percent of New Zealand’s exports to the UAE – which is great news for New Zealand businesses.
2025 is off to a great start. National is refreshed and ready to deliver for you and your family.
Thank you,
Christopher |
