Latest / The Kākā by Bernard Hickey
A deliberate and unnecessary crash landing
Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, October 31:
* US and European GDP growth figures overnight show the world’s largest economies, along with that of our nearest neighbour Australia, are still growing solidly because of ongoing Government investment. Meanwhile, New Zealand’s economy is slumping into a deeper recession because of budget cuts described by Treasury as the most severe per-capita in our history, done without any signs of a fiscal or debt crisis that prompted Ruth Richardson’s…
The skinny
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