Source: Global Financial Services
Global Finance Founder and Managing Director Ajay Kumar has called for a more targeted approach to skilled migration, saying New Zealand has a significant opportunity to strengthen economic growth by attracting professionals whose expertise matches the country’s long-term workforce needs.
Speaking on the importance of the recently signed New Zealand-India Free Trade Agreement (FTA) and the growing economic relationship between the two countries, Ajay Kumar from Global Finance said skilled migration should focus on addressing critical shortages across sectors including healthcare, engineering, technology, construction, education and advanced manufacturing.
“New Zealand has always benefited from people who bring skills, innovation and an entrepreneurial mindset. When migration is aligned with genuine workforce needs, it creates opportunities not only for migrants but also for businesses, communities and the wider economy,” said Ajay Kumar.
Ajay Kumar believes New Zealand’s future prosperity depends on combining carefully planned immigration with investment in local talent, education and productivity.
“Migration should complement New Zealand’s workforce, helping businesses grow while supporting long-term economic development,” he said.
Having worked with thousands of individuals, families and business owners over more than 25 years through Global Finance, Ajay Kumar has witnessed the contribution migrants make to business creation, home ownership and investment throughout New Zealand.He said many skilled migrants establish businesses, create employment opportunities and contribute significantly to regional economic development.
“The New Zealand-India relationship continues to evolve beyond trade. It is increasingly built on investment, innovation, education, entrepreneurship and people-to-people connections. This creates enormous opportunities for both countries.”
Kumar also emphasised that attracting internationally qualified, experienced and competent professionals those who can mitigate NZ skill shortage must be supported by efficient qualification recognition and practical pathways that enable skilled workers to contribute quickly to New Zealand’s economy.He believes targeted migration policies can help address workforce shortages while supporting sustainable economic growth and improving productivity.
“Businesses need certainty and access to the right skills. A balanced approach to skilled migration can help New Zealand remain competitive while creating long-term value for future generations.”
Global Finance has supported New Zealand families and businesses since 1999, providing mortgage, business, commercial, Construction lending and personal risk insurance such as life and Health advice across the country.Ajay Kumar said helping people achieve financial security is closely linked to building stronger communities and supporting New Zealand’s broader economic success.
“As New Zealand looks toward the future, collaboration between government, business and communities will be essential. With thoughtful policy settings and strong international partnerships, New Zealand is well positioned to continue attracting talent that supports sustainable growth.”
Ajay kumar also feels when big countries impose many restrictions including tariff etc, these bilateral agreements play a vital role in promoting fair trade and people to people connections which are essential for overall growth of the country.
About Global Finance
Established in 1999, licenced by FMA, Global Finance is one of New Zealand’s leading mortgage and insurance advisory firms, helping thousands of families and businesses with home loans, commercial finance and personal risk insurance. Arranged over $19Bn in loans and personal risk insurance covers. With the ability to provide financial advice across New Zealand, Global Finance remains committed to delivering professional advice and helping clients achieve their financial goals in an area of their expertise.