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Kiwis can be a bit too complacent, outgoing BNZ chief says

Photo courtesy of Julien Haler on Flickr

Photo courtesy of Julien Haler on Flickr

New Zealanders can be a bit too complacent and could do with more hunger and ambition to make the most of business opportunities, outgoing BNZ chief executive Andrew Thorburn says.

“I think we live in one of the best countries in the world and I think … one of the strongest economies pound for pound, but I think we can be a bit complacent,” said Thorburn, who has been hired as the chief executive of National Australia Bank, BNZ’s parent company.

New Zealand will miss out on opportunities over the next decade unless businesses, government and individuals push themselves, Thorburn added.

The country needs more business owners and entrepreneurs in service-based industries, and it should be easier to set up and run a business, he said.

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