PremiumOpinionOpinion byRichard HarmanRichard Harman is a senior political journalist and publisher of the Politik newsletter.·NZ Herald·10 Jun, 2026 05:00 PM7 mins to readTreasury Secretary Iain Rennie last year told the NZ Economic Forum that our low capital intensity is a key driver of our poor productivity performance. Photo / Mark Mitchell

Slowly and still hesitantly, the whole issue of our capital markets and where capital might come from is moving to the centre of our political debate.Politicians are not leading that movement, but rather forces outside politics are applying more urgency to the situation.

The most recent has been the