Wednesday, May 25, 2022
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“Prudent” but was it political enough?

Finance Minister Grant Robertson loves cricket; his Budget yesterday was that of an opening batsman. It was defensive, clearly intended to cut off National's initiatives...

Robertson’s big one

Today’s Budget will be the big one for Grant Robertson. In part, that will be because Labour always promised that after Covid, it would build...

An end to immigration rorts

The immigration rebalance yesterday is probably the final blow for sections of the Private Training Establishment (PTE) industry which at one point saw tens...

Where the wage subsidy went

The full impact of Covid is on vivid display in a report of the Ministry of Social Development today, which shows that last year...

The Covid “slush fund”

The Auditor-General , John Ryan, has written to Treasury saying he still wants more accountability for how the $74.1 billion Covid Response and Recovery...

How NZ can become an energy exporter

New Zealand could be on track for a green economic boom which will transform the country into a South Pacific energy state in which...

How to pay the huge infrastructure bill

Infrastructure Minister Grant Robertson yesterday unveiled the bill to fix New Zealand’s infrastructure deficit and then more or less said we couldn’t afford to...

The real reason for Three Waters reforms

The realisation that the country faces a looming crisis over its three waters’ infrastructure goes back as far as 2014. Then a Local Government New...

Depending on China

A new study has found that despite Covid, New Zealand’s economic dependence on China has grown over the past four years. China is now nearly...

Grant Robertson’s dilemma

Spare a thought for Finance Minister Grant Robertson as he goes through the inflation figures released yesterday by Statistics NZ. They show annual inflation running...

Orr needs mates

The first shots were fired last week when Infometrics Chief Economist Gareth Kiernan accused the Government of fuelling inflation with its high spending. Then yesterday,...

Inflating our way back to Muldoon

The economy appears to be in danger of heading back to the 1970s and the Muldoon years. A series of economic indicators yesterday and now...

The growing gap between young and old troubles Treasury

As part of the leadup to the Budget (set for May 19) the Treasury has unveiled its latest set of Living Standards Framework statistics. The...

Government may say no to farmgate emissions levy proposal

The Government may have to retreat from an ambitious proposal to have farmers account for their greenhouse gas emissions and pay “at the farm...

IMF says no room for tax cuts

The International Monetary Fund warned yesterday that now was not the time for New Zealand to reduce taxes. That is a direct challenge to National...