The brave new world of industrial policy

The brave new world of industrial policy
Industrial policy is being debated more hotly around the world now. (Image: Getty)
Dileepa Fonseka
With Wellington preoccupied with the Kiri Allan aftermath and tax leaks, last week was not a particularly good one to bring up anything not directly connected with the political stoush of the moment. Come to think of it, this has pretty much been a problem for most of 2023, regardless of what has been in the headlines.Have pity for the Employers and Manufacturers Association, whose wide-ranging election manifesto was the latest casualty, sinking almost without a trace after it was released into the wild in a similar way to a BusinessN...

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Weak economy prompts dovish RBNZ pivot
Economy

Weak economy prompts dovish RBNZ pivot

The Reserve Bank forecasts point to two more rate cuts this year. 

Updated: RBNZ turns more dovish
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Updated: RBNZ turns more dovish

The latest forecast imply two more rate cuts to come. 

Rebecca Howard 20 Aug 2025
RBNZ cuts to 3%, sees cash rate reaching 2.5%
Economy

RBNZ cuts to 3%, sees cash rate reaching 2.5%

RBNZ cuts by 25bps but thought about 50bps. 

Rebecca Howard 20 Aug 2025