Why we'll get lollies when we need a lentil diet

Why we'll get lollies when we need a lentil diet
In an election year, voters will demand – and politicians will hand out lollies. (Image: Unsplash)
Cameron Bagrie
The 2023 Budget is shaping up to be a defining moment for the current minister of finance. All eyes will be on the Half-Year Economic and Fiscal Update in the interim.He faces a tricky balancing act. The era of fiscal profligacy is over – just ask former British prime minister Liz Truss. However, this is not a government that is prone to lentil diet Budgets. Spending pressures are intense, with many challenges. Inflation demands spending restraint, a legacy of underinvestment in many areas demands the opposite. A chunk of covid fundi...

More Economy

Weak NZD ahead as rate cuts loom
Economy

Cameron Bagrie: Weak NZD ahead as rate cuts loom

This week's expected rate cut will further underpin a weaker-for-longer NZ dollar.

Cameron Bagrie 26 Nov 2024
More confidence about housing: ASB
Economy

More confidence about housing: ASB

Sentiment is improving, albeit slowly, the Housing Confidence Survey shows.

Air NZ continuing to be whacked by aircraft availability issues
Economy

Air NZ continuing to be whacked by aircraft availability issues

Air New Zealand expects a half year pre tax earnings result of $120 million to $160m.

Staff reporters 25 Nov 2024
NZ's directors see better days ahead
Economy

NZ's directors see better days ahead

Board directors are looking to Companies Act reform on their legal liabilities.

Greg Hurrell 22 Nov 2024