We are not as wealthy as we thought we were

We are not as wealthy as we thought we were
Spending cuts look to be the government's main path to eventual budget surplus. (Image: NZME)
Cameron Bagrie
The V-shaped post-covid recovery has morphed into an L-shape. It will be a hard slog over the coming years. Tough choices are required. From what I can see in last week's budget policy statement (BPS), adding the budget numbers up looks like it requires some reverse engineering – populism rules. A swing to the social side of the ledger under the previous government has now lurched to economic priorities. Is the balance right? What will be the trade-offs between tax cuts and infrastructure in the budget? Reality has...

More Opinion

Tech's big year and minimal change
Opinion

Peter Griffin: Tech's big year and minimal change

Expect slower growth that won’t diminish our tech companies' phenomenal run.

FMA on legal high
Law & Regulation

David Chaplin: FMA on legal high

The FMA's need to court approval for liquidity risk guidelines is interesting timing.

David Chaplin 09 Oct 2024
Counting the cost of trench warfare in the courtroom
Opinion

Paul McBeth: Counting the cost of trench warfare in the courtroom

Litigation funding has levelled the playing field, but it isn’t all one-way traffic.

Paul McBeth 08 Oct 2024
The last tax cut?
Opinion

Dileepa Fonseka: The last tax cut?

National's tax reductions have proven to be a millstone around its neck.

Dileepa Fonseka 07 Oct 2024