Reform the property tax rules to discourage real estate speculation. Currently, any spare cash in the NZ economy ends up either in property or in underperforming and risky financial investment – if it stays local. Neither of these sustain growth – they are end-state strategies for failing economies.

For all their palaver about economics, NZ governments don’t have the first idea how to grow the economy. They should look at the Japanese & Korean industrialisations – which worked. But they are too lazy to roll over in bed, much less run a country.