Latest / The Kākā by Bernard Hickey
Willis screws down fiscal lid even tighter
TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy on Thursday, August 8 are:
1. Willis screws down Govt share of GDP even tighter
Directive to public service freezes spending at current Budget baselines
Finance Minister Nicola Willis issued a Workforce Policy Statement yesterday through the Public Service Commission that effectively stops the health, education, social development, child protection, economic, primary industries and every other ministry from increasing spending beyond current baseline levels. That means any pay increases for…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.