Getting around the country, it’s clear there’s a two-speed recovery underway in the New Zealand economy.
Down in Christchurch, where I was recently, there’s a real sense of optimism thanks to strong dairy prices and resurgent tourism. Businesses are humming, retail sales are growing, and construction activity remains strong.
Meanwhile, in Auckland and Wellington, it’s a bit harder, as lower interest rates take their time to ripple their way through the local economy.
However, I’m confident that in the months ahead, the combined effect of rising exports, lower interest rates, regulatory relief, and infrastructure investment will support economic growth and job creation.
But I acknowledge Kiwis are impatient – and I’m impatient, too. So, where the Government can do a bit more now to support New Zealand’s recovery, we will.
That’s why today we’ve announced a major events and tourism boost that will inject life back into our cities and regions.
It includes funding for world-class concerts, sports events, and festivals that will attract international and domestic tourists.
These events will help inject much-needed vibrancy back into our cities, helping to create job and lift incomes.
You can check out all the details
here. Christopher Luxon
Leader of the National Party
