The crowd-pleasing policies revealed in this week\u2019s announcement come at the expense of serious investment in the technology sector, and I think the Government\u2019s missed the mark.Craig Hudson, Xero NZ\nThis year\u2019s Budget plays heavily into the hands of \u201cthe people\u201d, with promises of tax cuts (and potentially more to come) that puts money back into the hands of the average worker. \nBut the crowd-pleasing policies revealed in this week\u2019s announcement come at the expense of serious investment in the technology sector, and I think the Government\u2019s missed the mark.\nWatch: Are we backing the right horse? Craig Hudson, country manager and Anna Curzon, chief partner officer at Xero NZ, dissect the 2017 Budget.\nNew Zealand\u2019s technology sector is growing at the rate of double-digits across market sectors and company sizes, and the industry\u2019s exports broke through the $1 billion mark for the first time just last year. And you can bet that out the 215,000 jobs the Government is projecting will crop up over the next four years, a good chunk of those will be in technology. \nA focus on growing areas of interest internationally, like artificial intelligence, machine learning, and data science, went without mention in this year\u2019s Budget. Yet it\u2019s in those exact areas that our technology sector is going to make its mark and remain competitive.\nNo caption\nIt\u2019s clear now that a chief technology officer is paramount for our country; someone who can create a blueprint for New Zealand\u2019s technology sector that sets it up to be the most competitive it can be for our future generations.Craig Hudson, Xero NZ\nWhen you look at the money set aside for \u201cInnovative New Zealand\u201d (as it\u2019s called in the Budget), the only share of the $373 million in funding with a direct link to technology and innovation is the $75 million set aside for Callaghan Innovation\u2019s Research Development grants. The rest goes towards university and Antarctica research, and tertiary subsidies, which you could argue is also incorporating technology innovation.\nCompare that to the $222 million assigned for more international films to be made here, or the $102 million tourism infrastructure fund laid out in the Budget, and it\u2019s clear our technology sector has potentially missed out on investment.\nAs a country, we\u2019re at an inflection point of becoming a high-tech economy. But to do that, we need to put some money back into our industry to set it up to succeed internationally for the years to come. \nIt\u2019s clear now that a chief technology officer is paramount for our country; someone who can create a blueprint for New Zealand\u2019s technology sector that sets it up to be the most competitive it can be for our future generations.\nIf we truly want to become a technology hub in the south Pacific, we need a plan and significant investment in our sector to prevent our success stories and startups from falling behind on the international stage. \nCraig Hudson is the country manager, NZ, at Xero.\n\nSend news tips and comments to email@example.com\nFollow CIO New Zealand on Twitter:@cio_nz\nJoin us on Facebook.