Aussie's going down the gurgler too. Why don't you come back and help us then Sarge, what do we do first to get the country going, besides blowing up Christchurch and abandoning it as a bad idea
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
Nah I’m nearly cashed out.
Just withdrew all my $ from the nz stock market and into the US/international.
Zero innovation, minimal tech, no growth, no inspiration. Banking stocks, dairy, energy. I know the stock market doesn’t equate to the economy but it would be awesome to see some innovation in nz.
Probably be a way to retain more kiwis, especially the young professionals heading overseas in their droves.
Zero innovation, minimal tech, no growth, no inspiration. Banking stocks, dairy, energy. I know the stock market doesn’t equate to the economy but it would be awesome to see some innovation in nz.
Probably be a way to retain more kiwis, especially the young professionals heading overseas in their droves.
Geez that’s a bit out there.
Pulled the whole lot out of Nz?
The Trump factor for Usa stocks is an unknown known.
Surely Ryman Healthcare is still doing well?
You haven't just come back from the christmas party and done that have you?
Wow that’s crook.
- Thread starter
- #13,529
Being in tourism; some long standing knowledgeable people I’ve talked to are concerned if we will get back to what we were.
EVERY country wants tourism and are investing a lot to make great destinations and experiences. The worldwide competition for tourists is fierce.
NZ has its natural advantages but many places also can compete nature wise and are investing in it. We had our adventure tourism but it’s copied everywhere else now and isn’t unique.
We’re seen as far away and very expensive.
Because of this (and the kickback when we were overrun with tourists everywhere pissing at the side of the road) we’ve gone more high quality, low quantity. It’s sort of backfired as we struggle to have the high end investment and people to provide a world class experience.
Tourism will bounce back but I wouldn’t pin all our hopes on it.
- Thread starter
- #13,531
Nobody can pick winners.
Our strengths: are
- a huge land mass (relative to people)
- excellent growing conditions
- highly skilled workers
My picks would be:
- ramp up primary produce (quality food products). Become world leaders. More animals per hectare (sorry greenies it’s our livelihood). Organic. Use genetic engineering to reduce emissions. More agriculture; aquaculture; etc
- resources due to our volcanic resource rich land and huge area
- export education again
- niche manufacturing and creating brands (particularly around food - zespri, Fonterra)
- creating brands leveraging anything uniquely kiwi based using our primary products (more attempted allbirds type brands)
- leverage off Peter Jackson’s weta success - films and special effects.
I think high tech sector will be hit and miss. You need economies of scale and tech hubs to feed off each other. It’s just so hard here.
But underpinning it all we need a can do kiwi attitude!
Noitall
👤
There’s been many aspects we’ve benefited in regards to tourism. All Blacks, Lord of the rings, one of the few countries you can be from mountain to surf within an hour, Cultural experience, Sailing, and the list goes on and will continue to evolve for reasons to visit. Where we are going to drive visitors away is we’re being viewed as too expensive
- Thread starter
- #13,533
Exactly. Every country is unique and we’ve got a lot going for us. But it still comes down to value for money and competing with other potential destinations.
You’re right about the quality of accomodation and experiences lacking for the high end.
- Thread starter
- #13,534
Industries only works with a pool of talent feeding off itself and pushing each other up; sharing talent; investors understand it; big angle investor network, access to massive markets, etc.
Silicon Valley; Germany; Asia; etc all have entire ecosystems built around tech startups.
Massive hubs helping each other out that we can’t compete with.
It’s hard here. We’ve been trying for 20 years.
All the success stories we need to really back and maximise and try to build ecosystems around them to spin off other successes eg weta, Xero, rocket labs, etc. Problem is the successful ones head overseas because of the benefits of being close to the massive markets.
Noitall
👤
Yeah I’m not saying it’s our sole sector to rely on, but with numbers pre covid out performing agriculture I reckon it’s worth pursuing becoming a sought after destination again
I sometimes feel like we have bluffed the world. Clean and green, friendly people, safe etc etc. there are some pristine areas, maybe because few people live there but get to a population and it's not so pretty. Recent crime statistics and the Grace Millane case pulled the covers off the safe perception. I think the general population don't appreciate the dollars tourism brings in and the impact individuals can have on it.
Noitall
👤
There’s a portion of the world sick of tourists and letting the tourists know of their displeasure of their visit. It could be that more and more places in the world become more hostile towards visitors? That extends itself to what you’re saying about the public making the destination a place recommended
Explain why Fonterra are selling off their consumer brands
I find that one bizarre
How to subtract value not add
Absolutely bizarre
Lazy lazy lazy
An example of crap Nz managers
Shrinking their business to sucess (not!)
