Our economy and the case for optimism

• Published date: 29 September 2022

You’ve probably seen the headlines about Europe’s energy crisis, worldwide supply chain issues, and inflation in the United States

While there will be some challenges ahead for us, too, there are many reasons for New Zealanders to be optimistic about the future — and I want to share some of them with you here.

Together, we’ve ensured that our economy has pulled through the pandemic better than the Global Financial Crisis. New Zealand’s debt is low, GDP is up, our exports are in demand, and we’re seeing more people in work, with higher wages, which makes both South Otago families and our economy stronger.

New Zealand is starting the next phase of our economic recovery in a stronger position than many, despite facing the same global headwinds.

That’s because we’ve built unique advantages that give us reason for optimism.

Take, for example, our Government’s focus on securing New Zealand’s clean, green brand.

This has given the country an economic advantage — boosting exports, tourism and business investment.

Our ongoing investment in renewable energy has also helped shelter us from the energy crisis that European nations are facing right now.

All of this means that we’re able to move forward with our plan to build a high-wage, low-emissions economy that gives Southern families economic security in good times and bad.

To do this, we will continue to support local...