Government’s arms flailing, with little cohesive direction

Government’s arms flailing, with little cohesive direction
Forestry export volumes have grown more than the respective growth in revenue. (Image: File)
Ganesh Nana
How many times have you heard, in weary frustration, that “one arm of government doesn’t know what the other arm is up to”? Well, here’s another addition to that litany.The Government has a stated goal to double the value of exports over the next 10 years. This goal is, presumably, being looked after by a suite of agencies including NZTE, MFAT, TPK, and MBIE. But there is also an arm of government that looks after the Government’s books – aka fiscal policy – called the Treasury. Unfortunately, the...

More Economy

Tourism industry struggles to keep up
Economy

Tourism industry struggles to keep up

Where to for NZ tourism in the long-term after NZ is done with its Briscoes-style sale?

Dileepa Fonseka 20 Feb 2025
RBNZ plans more cuts sooner rather than later
Economy

RBNZ plans more cuts sooner rather than later

The forecasts show the low at 3.1% by December this year. 

Rebecca Howard 19 Feb 2025
RBNZ eases by 50bps and brings forward planned rate cuts
Economy

RBNZ eases by 50bps and brings forward planned rate cuts

It now expects the cash rate to reach 3.1% in December. 

Rebecca Howard 19 Feb 2025
From '100% Pure' to 40% Off
Economy

From '100% Pure' to 40% Off

Is a new ad campaign too 'Briscoes sale' for NZ's global brand?

Dileepa Fonseka 18 Feb 2025