ANZ on PNG
This week Australia New Zealand Banking Group Ltd (ANZ) released a commissioned report titled Bold Thinking: Imagining Papua New Guinea in the Asian Century.
Written by Port Jackson Partners, the report is a coherent and ambitious assessment of PNG’s economic potential over the next few decades. “PNG,” the report summarises, “has the opportunity to grow resource sector export revenues to four to six times current levels, or US$23 billion to US$36 billion by 2030.”