The data is changing so quickly that it gives me an intense sense of fatigue. As a result, I thought I would ask a question of our readers and rely on your cumulative intellect 🙂 Should New Zealand do anything in the face of what is primary shocks This is a discussion type post, where […]
I am surprised to see Bill English slam his former department – of course it is entirely likely that the newspaper is simply exaggerating his reaction to their briefing. The core of Bill English’s criticism of Treasury appears to be that “they aren’t thinking of ways that fiscal policy could prevent the recession”. But maybe […]
So, the Reserve Bank has just announced that it has cut by … I don’t know, its 7.30am for me so the Bank is yet to announce it. We have discussed this wildly though (here, here, and here) – so it will be good to see what has happened. Feel free to do your own […]
The Reserve Bank of Australia cut 100 basis points last night taking the cash rate to 4.25% – well into easing territory. A feeling that global commodity prices were in for a sustained lower period was a driving force behind this stimulus. Surprisingly the Reserve Bank of Australia did not mention to enormous decline in […]
Or so says John Key. Very interesting. Ok, as Prime Minister, John Key needs to stop talking about monetary policy!!! Luckily Kiwiblog has already covered this – so you won’t get another rant from me 😉 I am not sure whether he is speculating, or whether he’s been briefed and then wandered off and spilled […]
The Standard has been stating that tax cuts should be “fairer”. Now in principle I have no problem with things being “fairer” – however, defining what is fair very is subjective, and what the Standard sees as fair and what I see as fair might be different. Still, both the Standard and No Right Turn […]