The graphs for this speech can be found on the Reserve Bank of New Zealand’s website www.rbnz.govt.nz *  *  *  New Zealand has enjoyed very strong growth over the last decade. GDP growth has averaged 3.6 per cent over the last five years. But now it is starting to slow, causing some concern to businesses.
This is because the labour force grows and investment and economic reforms lift output per worker, or productivity. There are limits, however, to how quickly capacity can be raised, though increased investment, as is taking place at present, will boost the rate of increase. But it takes time.