Tuesday, 14 July 2020

The OECD's take

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Yesterday I had a go at estimating what the drop in New Zealand GDP had been during the June quarter, when the lockdowns were in place. Mean...
Monday, 13 July 2020

Another improvement

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Covid exposed, not for the first time, how New Zealand is short on timely official measures of the economic cycle.  While that's true, l...
Wednesday, 10 June 2020

It creeps ever closer

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Back in May 2014, our Productivity Commission said that "s36 [of the Commerce Act, which forbids anti-competitive abuse of market power...
Thursday, 14 May 2020

Fiscal policy does its job

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Before this Budget, just about everyone urged Grant Robertson to go for it (including me ). The big initial question was always going to be:...
Wednesday, 13 May 2020

More support in difficult times

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Highlights for me of today's Monetary Policy Statement: The official cash rate will likely be held at 0.25% "until early 2021...
Friday, 8 May 2020

Go big

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Next week we get the double header of a Monetary Policy statement (on Wednesday) and the Budget (on Thursday). Simple message for all involv...
Wednesday, 6 May 2020

Not good enough

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We're about to have the most important Budget in a generation. There's no question that Grant Robertson has inherited one of the mos...
Monday, 4 May 2020

Where are we?

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Perforce, a wide variety of public and private sector organisations have stepped into the breach and done a good job of filling in the long-...
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