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"Should have been there years ago": Diversifying could mitigate supply disruptions

Author
Newstalk ZB,
Publish Date
Wed, 21 Feb 2024, 9:37AM
Photo / File
Photo / File

"Should have been there years ago": Diversifying could mitigate supply disruptions

Author
Newstalk ZB,
Publish Date
Wed, 21 Feb 2024, 9:37AM

Businesses are being warned supply disruptions are set to continue due to an uncertain global environment. 

The Productivity Commission's final report before funding moves to the new Ministry for Regulation, warns that disruptions could impact thousands of jobs. 

Modelling shows that wars, new tech, and oil price rises could see GDP go down from 1.4% to 7.5%. 

Mainfreight Managing Director Don Braid told Mike Hosking that we should've tapped into India's economy years ago. 

He says in around 2015, he went on a trade mission and questioned why New Zealand wasn't there already. 

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