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Thursday, 13 May 2010 14:41 |
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 Last night, three University of Auckland students won the inaugural Alternative Budget competition, sponsored by the Productive Economy Council and the New Zealand Manufacturers and Exporters Association.
The Productivity Pandas, comprised of James Ruddell, Nupur Upadhyay and Alexander Kirch, beat five other teams last night in a competition designed to start Gen Y debating the decisions Baby Boomers were making for them.
 Teams were required to submit a Budget Policy Statement explaining their policies and a Financial Model to support this statement. The finalists then made a ten minute presentation which was followed by a fifteen minute question and answer session with the judges.
On the judging panel were Selwyn Pellett, spokesperson for the Productive Economy Council, John Walley, CEO of the New Zealand Manufacturers and Exporters Association, Brian Gaynor, Executive Director of Milford Asset Management, Bernard Hickey, Editor of www.interest.co.nz, Lachlan McKenzie, Chairperson of Federated Farmers Dairy and Divya Dhar, Young New Zealander of the Year.
The Productivity Panda's presentation can be found here.
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Last Updated on Friday, 14 May 2010 14:30 |
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2010 Winning Presentation |
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Alternative Budget Deadline Extended |
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Tuesday, 20 April 2010 00:00 |
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Numerous requests have come in from students asking for more time to put together their teams and entries for this exciting project. University recess has meant that many students have only just been made aware of the competition.
In response we have extended the deadline for entries for the Alternative Budget Competition 2010.
The new and final deadline is: Saturday 8th May 2010.
Submit entries to
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Entries need to be in by midnight on the 8th to be eligible for the competition.
We encourage all students with a vision and passion for this country and our future to enter.
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Invitation to the Finals Presentations |
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Monday, 10 May 2010 16:08 |
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You are welcome to attend the finals presentations for the Alternative Budget Competition this Wednesday night, because a fresh perspective on the New Zealand economy is critical.
Our economy has been in relative decline for some decades. Substantial increases in external debt, declining real earnings from exports and dwindling savings and non property-related investments are but a few of the major issues in New Zealand.
A sense of injustice is slowly building among those proud to be New Zealanders. Increasingly New Zealanders feel they have no future here because of the lack of skilled job opportunities and the inability to sustain an equitable standard of living with comparably resourced Western economie
Successive governments from the left and right have told New Zealand that they are following best economic and monetary practice yet these policies have seen New Zealand drop from 11th in GDP per Capita in 1963 to 43rd today.
If we are really following best practice, why are we going backward
For the Alternative Budget, the sponsors have asked the entrants to examine the issues facing New Zealand and develop a new plan for the country. To tell us how they would allocate funds and what initiatives they would support - taking a clean sheet and create a new visio
The presentations are this Wednesday 12th May at Auckland University, 6pm-9pm in Case Room 4/260-009, Level 4, Owen G Glenn Building, Grafton Rd. You can register your attendance here.
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Last Updated on Monday, 10 May 2010 17:31 |
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Inaugural Alternative Budget Competition |
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The Productive Economy Council and the New Zealand Manufacturers and Exporters Association are pleased to sponsor the inaugural competition to construct an Alternative Budget for New Zealand. The competition is open to all current university students and offers $10,000 in prizes (read the Press Release).
Creating a practical budget for the country is not an easy task and it is made doubly hard when viable economic measures are forced off the agenda. PEC and NZMEA firmly believe that yesterday’s political risk could be today’s economic necessity. Visionary leadership is required to resolve New Zealand’s economic problems. The PEC and the NZMEA hope that you, our next generation of leaders and strategic thinkers, will approach the problem with New Zealand's future in mind.
Only by taking a logical and unencumbered approach can the best methods for building a robust and sustainable economy be brought into sharp focus. This is an unparalleled opportunity for you to contribute to the future direction of this country and we wish you well in this endeavour.
Read more…
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