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New Zealand's Luxon says business leaders are equal to government after backlash

New Zealand Prime Minister Christopher Luxon said business leaders are equal partners to government, days after remarks in which he criticized some executives for having a "parent-child mentality" and relying too heavily on government support. The comments followed pushback from business circles.

Exterior of a government building in daylight
Exterior of a government building in daylightPhoto: Mark Direen / Pexels
RNZ Business48 min ago

New Zealand Prime Minister Christopher Luxon, addressing a business audience, said business leaders stand in an equal partnership with government. The remarks came days after he criticized some executives for having a "parent-child mentality" of relying too heavily on state assistance.

Luxon's earlier comments drew pushback from business circles, with some arguing companies turn to government too often amid economic headwinds. Several business leaders said the government should also weigh how its own policies burden businesses.

The prime minister's office said Luxon's intent was not to belittle businesses but to stress mutual responsibility. The episode has raised questions about how the government will manage its relationship with business as it pursues its economic growth strategy.

RegulationAustralia-PacificRNZ Business
This article is an AI-curated summary of the original story published by RNZ Business. The illustration is a stock photo by Mark Direen from Pexels and is not from the original story.

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