Beware: Politicians are offering us a pocketful of candy

Beware: Politicians are offering us a pocketful of candy
We're now in the "candy zone" of the three-yearly election cycle to entice voters. (Image: Getty)
Cameron Bagrie
“Your tax relief is coming, no matter how badly Labour has wrecked the joint,” said shadow finance minister Nicola Willis at the National party’s policy announcement.Tax relief beats all.Populism and electioneering, 1. Policy, 0.The rise of populism politics is becoming a plague. It's an extension of short-termism – and a global problem. Although, we might be wearing one of the less populism-stained shirts when I look at the likes of the United States.Populism is prevalent across the political spectrum here in New Ze...

More Economy

Shock GDP tumble: more easing eyed
Economy

Shock GDP tumble: more easing eyed

The 2Q GDP contraction will likely be revised but it won't change the picture. 

Rebecca Howard 22 Sep 2025
Willis teases new RBNZ governor after GDP drop
Economy

Willis teases new RBNZ governor after GDP drop

Finance Minister Nicola Willis says a new Reserve Bank of New Zealand governor will be announced “very shortly” as she comes under growing pressure to tackle NZ’s economic woes.Economists are calling on the RBNZ to cut the official cash rate (OCR) more aggressively after yesterda...

Staff reporters 19 Sep 2025
Dire economy opens door for 50bps cut in October
Economy

Dire economy opens door for 50bps cut in October

The New Zealand economy contracted 0.9% in the June quarter. 

Rebecca Howard 18 Sep 2025