The government is spending a lot more money than the Reserve Bank factored into the February Monetary Policy Statement.
High power prices are costing jobs but will also drive down carbon emissions from big emitter industries.
Paying people well for delivering results is one thing, but Fonterra is squandering millions on executives while delivering worsening returns.
Michael Fay and David Richwhite's Capital Markets had many interesting dealings with the Bank of New Zealand in the late 1980s and early 1990s.