INDEPENDENT NEWS

NZ Tops Bloomberg Business Survey For COVID-19 Response, Future Investment Plans

Published: Thu 8 Oct 2020 09:12 AM
Hon Grant RobertsonMinister of Finance
New Zealand has topped a new Bloomberg Media business survey ranking countries’ COVID-19 responses, and is the country business executives feel most confident to invest in.
“In New Zealand we went hard and early against this virus because we knew the best economic response is a strong health response. We have one of the most open economies in the world because we set out a plan and stuck to it. We have eliminated our second wave, as others are still grappling to get this virus under control,” Finance Minister Grant Robertson said.
“Our clear plan to deal with COVID-19 is being noticed, particularly by global businesses. Our strong and steady COVID response means we’re opening up investment opportunities to support the recovery and rebuild.”
The Bloomberg Media survey of business decision makers shows New Zealand tops a global Market Crisis Management Index due to strong rankings for political stability, the economic recovery, virus control and social resilience. The index scores New Zealand at 238, above second-placed Japan at 204, sixth-placed Australia at 151, ninth-placed UK on 110 and tenth-placed US at 100 – the average index score.
New Zealand is also the top country that executives said they feel confident investing in for their future business, and is the most preferred holiday destination for executives once it is safe to travel.
“Throughout COVID-19 we’ve supported businesses and protected jobs so that we’re in the best position for recovery. The work of all New Zealanders to eliminate COVID-19 when it appears in New Zealand means we have a head start on other economies, and we’re using that to our advantage,” Grant Robertson said.
“The Government has backed the recovery by investing in business tax refunds, R credits, supporting small businesses, promoting New Zealand businesses overseas and partnering with industries like our primary sector to plan for a more sustainable future. When the rest of the world is looking at New Zealand and saying ‘that’s the way to do it’, we can have confidence that our response here is worth it.”

Next in New Zealand politics

Speech From The Throne
By: New Zealand Government
Law Commission Recommends New DNA Laws For Criminal Investigations
By: Law Commission
New Zealand Government To Declare A Climate Emergency
By: New Zealand Government
Crown Accounts Reflect Govt’s Careful Economic Management
By: New Zealand Government
Green Party Announce Portfolio Reshuffle With Talented And Energised Caucus Team
By: Green Party
NZ Govt Considers Making House Prices Part Of RBNZ Mandate
By: XE Money Transfer
Green Party Respond To Government Review Of Housing Settings
By: Green Party
Rewriting The Rulebook On DNA In Criminal Investigations – Expert Reaction
By: Science Media Centre
Government To Consider Recommendations On DNA Use In Criminal Investigations
By: New Zealand Government
Climate Change An Economic Issue; Critical For The Planet’s Future
By: Make Lemonade
Climate Emergency Declaration A Win But Needs Action
By: Greenpeace New Zealand
Declaration Of ‘Symbolic’ Climate Emergency
By: Extinction Rebellion
Minimum Wage Hike Isn’t What The Economy Needs
By: New Zealand National Party
Why Not $50 An Hour?
By: ACT New Zealand
Greens Commit To Ensuring Strong Oceans Protection This Term
By: Green Party
View as: DESKTOP | MOBILE © Scoop Media