Boost Wages Through Stronger Competition | Auckland News

Economist Cameron Bagrie is calling for a bold overhaul of New Zealand’s competition policy, urging political parties to empower the Commerce Commission with stronger, independent authority to drive real change. With unemployment at an 11-year high and wages stagnant, Bagrie argues that boosting competition across industries is the key to tackling both the cost of living crisis and income inequality. He warns that current policies are too weak, pointing to rising fuel prices and economic slowdowns as signs of deeper structural problems. Bagrie envisions a future economy less reliant on immigration, tourism, and housing speculation — one built on innovation, productivity, and solid infrastructure — and insists that true wealth comes from systemic reform, not just temporary financial fixes. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a6c72780cdb6568f