Boardroom moody about National

NZH’s ‘mood of the boardroom suggests a moodiness about National’s performance in government and their prospects of surviving.

From  A strong mood for change among business leaders

That’s quite a misleading headline, unless you read it as a mood for change from either a national or Labour led government.

With less than a fortnight to run before final polls close, chief executives remain divided on whether to “call time” on the third term National Government.

“I think the National Government has been a very credible and stable manager that deserves respect for its approach in managing the country,” said a tourism boss. “However, it is arguable that they have come late to issues such as water management, local infrastructure and transport investment with a piecemeal, below par approach.

“They need to get ahead of these issues and signal a strong intent as these are real issues that affect voters.”

There is a clear perception that the National Government – driven by its own fiscal focus – left it too late to make major investments in housing and infrastructure to underpin the massive uptick in immigration numbers in recent years.

ICBC chairman and former Reserve Bank Governor Don Brash said the Government has failed to adopt policies designed to increase per capita growth, and many of the other problems (increasing wealth inequality, poverty and homelessness) are a direct result of the Government’s failure to deal with the unaffordability of housing.

Fair comment, but that’s Don Brash.

Vector director and former Deloitte Chairman of the Year, Dame Alison Paterson said Government action on some important issues had been slow. “On the other hand, it takes time to turn a super-tanker… and the tolerance for change in the population is slow.”

If National was to get a fourth term it needed to abandon its “steady as she goes” approach and be more aspirational in its approach to the big ticket items including water, climate, homelessness and poverty.

National have belatedly address some of that under pressure from Labour’s resurgence. Their complacency may mean boardrooms and voters in general may think they left it too late.

An oddly unbalanced topic:

CEOs were split on who they thought would make the best Opposition leader if National should lose the election – which is a clear possibility on its current poll ratings.

Some 27 per cent thought Deputy Prime Minister Paula Bennett had the right attributes to make the most vigorous leader; others opted for Steven Joyce (20 per cent) and Judith Collins (17 per cent).

No mention of what CEO’s thought might happen to Labour’s leadership if they lose the election. Or NZ Firsts, or Greens.


  1. Gezza

     /  September 12, 2017

    Paula might manage to take out Judith & make it look like an accident or a mugging gone wrong, but if something happens to Steven as well, well, it’s just too risky, imo. She’ll just have to try & make him look like he can’t handle numbers.

  1. Boardroom moody about National — Your NZ – NZ Conservative Coalition