New Zealand Prime Minister Christopher Luxon delivered his first annual state of the nation speech on Thursday to the party faithful in Auckland on Thursday emphasized his vision of a country where aspiration, opportunity, and global competitiveness would succeed

The National led coalition remains focused on New Zealand’s economic growth and reform, emphasizing its critical importance for improving quality of life, lifting incomes, and creating opportunities.

Luxon acknowledge the significant progress in public safety, health, and education, the priority is economic recovery and growth following challenges like high inflation and recession.

He pointed out the achievements contributing to financial relief for many Kiwis included wages growing faster than inflation, interest rates falling, and tax relief,  The government is pushing for growth through competition enhancement, RMA reforms, health and safety rule adjustments, mining expansion, and tourism support.

Significant investments in infrastructure, health, and education are highlighted, with a focus on literacy, numeracy, and public service quality.

Emphasizing the need for a growth-oriented mindset, the text advocates for a pro-growth reform agenda and highlights efforts to make New Zealand a more attractive investment destination.

Luxon listed a range of key strategies to enhancing competition, would be reforming the Resource Management Act, improving health and safety regulations, and boosting sectors like mining and tourism. The government aims to make New Zealand attractive for investment, establishing Invest New Zealand to streamline foreign investments.

Emphasis is placed on increasing the role of science and technology, with changes to Crown Research Institutes to focus on commercializing innovations. The introduction of Invest New Zealand is aimed to attract foreign investment, and changes in science and technology, including Crown Research Institutes’ restructuring, aim to boost commercialization and innovation.

The government seeks to empower farmers and scientists, reduce bureaucratic hurdles, and foster a pro-growth mindset. By increasing investment and innovation, the goal is to create a thriving economy with more opportunities, higher wages, and better infrastructure, education, and public services. This vision is driven by a belief in New Zealand’s potential and a commitment to future prosperity.

Overall, Luxon says, “the vision is for New Zealand to become a country of aspiration, opportunity, and global competitiveness, with substantial reforms planned to achieve this goal by 2025”.