August 29, 2018
Māori business confident on growth
The chair of one of the largest businesses at the top of the South Island is welcoming the Prime Minister’s effort to boost business confidence, including the formation of a business council to strengthen the relationship between business and government.
Paul Morgan from Wakatū Incorporation says Jacinda Ardern’s speech to a business audience homed in on many of the main issues, such as equality and the way economic outcomes are shared.
He says government and business both have a role to play in addressing challenges like poor productivity, low research and development, shortfalls in marketing and promotion and significant skills shortages.
"I don’t have any issue about business confidence. Looking forward we’ve got growth in jobs, income, and the focus is on getting quality margins so you can reinvest back into your regions and the industries you are participating in," Mr Morgan says.
Over the past two decades Wakatū Incorporation has grown rapidly, particularly its Kono food and beverage divisions led by Tohu Wines, which turns 20 this year.
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