NZ world’s easiest place to start a business| Stuff.co.nz
20 October, 2011
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New Zealand has ranked first as the world’s easiest place to start a business and third out of 183 countries for ease of doing business in a report from the International Finance Corporation and the World Bank.
via NZ third-easiest in world to do business | Stuff.co.nz.
This further reinforces the reasons why New Zealand is such a good place to invest.
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what an absolute load of rubbish. having firsthand experience trying to get a hydro project off the ground in NZ on the east coast of the North Island, I can assure you starting up a business of investing in NZ is not easy. The issues we faced were uncertainty over power, poor road and rail infrastructure, insufficient port infrastructure and delays, locals governments who were broke and not supported by the government in power, and inconsistency over policy. In terms of investing in NZ, then we would have not been able to invest unless my mother was a kiwi. sure starting up a fish and chips shop might be easy but a medium to large scale business certainly wasn`t from my experience.
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Thanks for your comment James. N.Z. is consistently rated by independent groups (e.g. Forbes, World Bank etc) as being a good and easy place to do business. However, your experience shows that it is not all smooth sailing. The ratings are also relative to other countries and there will always be exceptions. The current National government is working hard to remove excessive regulation and bureaucracy (installed by previous governments) to make it easier for both ‘locals’ and overseas investors to do business here. I would be interested in any other experiences, good or bad, that people may have to share.
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I agree NZ is a good place to invest. For years now I’ve been writing an email newsletter on the NZ economy and how it effects the business and finance markets, and the fact is NZ and Australia are becoming better and better places to be and invest as time goes by – especially since the Global Financial crisis. The latest newsletter – Tough Decisions, Big Opportunities – which talks about the world wide economic turmoil, what it means to us, and why we’re happy here, can be seen on our website below (where you can subscribe if you wish it’s free)
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