Business of Government: Peter Hughes' legacy, cost recovery headaches, and more...

Business of Government: Peter Hughes' legacy, cost recovery headaches, and more...
Watch out consultants: political parties are looking at you. (Image: Getty)
Jem Traylen
Battle lines being drawn over the size of the public serviceThis week, both major parties are drawing lines in the sand over the size of the public sector. On Monday, we heard from Labour, which laid down the challenge to other parties over what could be afforded from the diminishing tax take without cutting public services and benefits. Later this week, we're assured we will hear how National will pay for their tax cuts – which are estimated to cost $11 billion over four years.Both sides have contractors and consultants firmly i...

More Economy

High bar for July rate cut – ASB
Economy

High bar for July rate cut – ASB

July cut can't be ruled out but there is value in waiting, ASB says. 

Rebecca Howard 04 Jun 2025
RBNZ expects rates to go lower
Economy

RBNZ expects rates to go lower

The central forecast and the two alternatives all have rates dipping below 3%. 

Rebecca Howard 03 Jun 2025
RBNZ 25bps rate cut wasn't unanimous
Economy

RBNZ 25bps rate cut wasn't unanimous

The vote was 5 to 1 to cut by 25 basis points. 

Rebecca Howard 28 May 2025
RBNZ cuts, signals more to come
Economy

RBNZ cuts, signals more to come

Risks around the economic outlook are heightened. 

Rebecca Howard 28 May 2025