CMC Markets report highlights energy advantages and structural pressures in New Zealand

CMC Markets published a report detailing New Zealand's long-term financial outlook. The study found that 48% of New Zealanders expect the country to be financially better off in 20 years, while 28% expect it to be worse off. Simon Bridges, Chief Executive of Auckland Business Chamber, argued that New Zealand's economic strengths are not fully recognized, pointing to energy as a major competitive advantage.

The report identifies productivity, capital formation, technology, and financial confidence as four linked themes shaping New Zealand's longer-term outlook. Bridges noted that the country's renewable generation and water access could favor energy-intensive industries, such as artificial intelligence and data infrastructure. However, the report cautions that optimism alone may not be enough to improve living standards or broaden prosperity.