11/06/2026
"We spend a lot of time talking about productivity in New Zealand, but we don’t always confront the real issue. It’s not just about how hard people work or how clever our businesses are. It’s about the environment we create – and whether it gives people the confidence to invest, take risks and think long-term. Too often, it doesn’t."
The OECD's latest report on New Zealand makes it clear: our cost of capital is too high, and it's holding back growth. That cost is borne by Kiwi households through higher prices, slower infrastructure delivery, and fewer opportunities for businesses to grow and create jobs.
Deeper capital markets, more competitive tax settings, and long-term policy certainty are essential to New Zealand's future.
Read Graham Law's opinion piece here:
NZX warns global rivals are cutting listing costs while New Zealand lags.