Latest / The Kākā by Bernard Hickey
Wednesday's Chorus: An impossible trinity
TL;DR: The key news in Aotearoa’s political economy today includes:
* National appears set to push councils to move their water assets off their balance sheets in a very similar way to Labour’s Three Waters plan, just without the co-governance and as much compulsion, but still with the flawed idea that somehow off-balance-sheet borrowing is actually better for taxpayers and ratepayers in the long run than facing up to the fact that higher taxes, charges and public debt are needed to fund fast population growth;
* Failed online supermarket operator Supie has named Fonterra, Tatua, SC Johnson…
The skinny
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