How Would New Zealand's Election Affect Businesses?

The video discusses New Zealand's economic policies post-COVID, focusing on infrastructure investment by major parties to boost growth. It highlights government spending's role in consumer demand and the challenges of managing lockdowns. The tourism sector faces significant challenges due to border closures, while export sectors like dairy and kiwi fruit remain strong.

What is the primary focus of the economic policies of the two major parties in New Zealand?

• Reducing healthcare costs

• Building infrastructure

• Enhancing digital services

• Increasing military spending

How do the two major parties in New Zealand plan to address the infrastructure deficit?

• By increasing taxes

• By reducing government spending

• By cutting social programs

• By committing significant funds to infrastructure

What is a key factor in maintaining consumer demand in New Zealand during the pandemic?

• Managing COVID-19 without lockdowns

• Increasing interest rates

• Increasing foreign investments

• Reducing export activities

What is the current state of New Zealand's tourism sector?

• It is growing rapidly with new investments

• It is unaffected by the pandemic

• It has been decimated due to border closures

• It is thriving with increased tourist arrivals

What is a major challenge for New Zealand's tourism sector?

• Overcrowding of tourist spots

• Lack of government support

• High competition from neighboring countries

• Shrinking capability due to prolonged border closures

Which sectors have shown resilience in New Zealand's economy?

• Export sectors like milk, meat, and kiwifruit

• Real estate and construction

• Tourism and hospitality

• Technology and innovation

Why have New Zealand's commodity sectors remained strong?

• Because of reduced competition

• Because of global demand for their products

• Due to increased domestic demand

• Due to government subsidies