Independent costings needed for tough political decisions

An independent institution needs to examine party costings.

Mon, 01 Jul 2024

Last week, I noted the need for an Independent Fiscal Institution.One key reason was an Independent Fiscal Institution's (IFI) independence regarding the appropriateness of assumptions used in fiscal forecasts.Anyone can make up a set of projections; their use and validity are critically dependent on the assumptions underpinning them, which need to be robust.One such assumption is productivity growth. It drives economic growth and government revenue.The Treasury has acknowledged their 1% long-run productivity growth assumption, which i...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

The Quiz Free

QuiznessDesk: Thursday, Oct 31

One Night in Bangkok was a hit song from what musical?By inserting an extra letter, what word meaning a small group of trees can be changed to one meaning a dead body?State Highway 2 between Gisborne and Opotiki passes through what gorge?What was the nickname of a 1940s Hollywood...

The Quizmaster 9:15am