Hard choices: rip or leave NZ economy band-aid

New Zealand needs to make choices to keep its quality of living. (Image: Getty)

Wed, 14 Aug 2024

This whole electricity mess has me thinking lately: how much of a band-aid economy have we become? While a short-term solution will undoubtedly emerge, the current situation and absurd prices should reinforce two critical broader themes.The first is the importance of policy settings, the right economic incentives to deliver long-term solutions, and the need for structural reform across many areas. The second is the complimentary component to that, with government policy needing to step up as we move beyond the past 30-year era of mone...

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