The current account is our national chequebook with the rest of the world – and we've got a whopping deficit.
The kiwi has fallen more than 20% against the US dollar in the past 12 months, which is good for our agriculture and tourism sectors but worsens the inflation problem.
In the fourth of a five-part series, Adrian Macey and Dave Frame highlight the concerns of the Treasury and MBIE about NZ’s chosen nationally determined commitment.
Alternatives to the carbon emissions reduction targets that the government adopted were examined "once over lightly", and Treasury and MBIE were worried by the choices made.
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articles by Pattrick