“Technology has a huge impact on their travel choices. From seeking information, making booking arrangements and paying. They do everything on their mobile phones.”
Lisa Li managing director of China Travel Services New Zealand, talking about young Chinese millennial vistors to New Zealand
Paper missing in action
There’s research showing the overwhelming majority of that millennial group has not picked up a single piece of paper media in over a year.
— Tourism New Zealand general manager Rebecca Ingram
“Just over two years ago we signed an agreement with Alibaba Group.
“We wanted to get value from the Chinese market while also ensuring Chinese visitors had a good experience in the country. Part of that was us supporting a roll-out of Alipay.
…only 13 percent of Chinese visitors have credit cards. If they weren’t able to transact in the way they are used to, we would be leaving money on the table and they’d have a poorer experience when they came. “
The tower there can handle about five times as many wireless connections as today’s 4G cellular sites. Data speeds are three, four or even five times faster than you’d see elsewhere.
It’s a taste of the future. With the right equipment, people can download at gigabit speeds, although 4.5G devices are not available yet. In a few years, however, gigabit mobile data will be the new normal.
Spark New Zealand chief operating officer Mark Beder says the company chose Silverdale for its second 4.5G site because it’s a fast-growing area. It is typical of how Auckland’s outer areas will expand in coming years as the city continues to expand.
Sixty-nine chief executives responded to an open-ended question as to what they would like to see from the Labour Shadow Finance Minister Grant Robertson in terms of policy.
“Continue to constrain public expenditure to core and effective services,” advised Unitec CRO Rick Ede. “Reset taxation and investment incentives to favour productive investment instead of property investment.
“Continue the investment approach to welfare services begun by Bill English.”
Many, but not all, of the themes on Robertson’s own priority list resonate with the boardroom. With 67 per cent per cent of CEOs predicting technological advances will be the single factor with the biggest impact on business in the next five years and a further 7 percent singling out job losses through technology, it is clear Robertson’s Future of Work initiative falls on fertile ground.
• Find ways for industry to add value and diversify the economy: lift productivity and add value to primary industry and invest more in R&D.
• Focus on regional development and lift wages outside the main centres. Auckland’s infrastructure and housing is under pressure. Housing costs less in the regions but there are not enough good jobs.
• Future of Work project to address the challenge of technology-led change head-on.
• Share the rewards from prosperity: many people work hard and yet they don’t earn enough to buy a house.
“When I attend a business dinner, the conversation often turns to inequality. Many business leaders are concerned about this. They realise it can mean both a loss of potential and it can become a drain on the economy. Even organisations like the OECD, which is hardly a left-wing body, recognises that inequality inhibits growth,” says Robertson.