PM goes back to the old favourites: high migration, low investment & reigniting the housing market

The Kākā by Bernard Hickey · Apr 28, 2023 · 7m

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TL;DR: Prime Minister Chris Hipkins firmed up his re-election strategy this week by reiterating his ‘no frills’ and low-risk approach to governing, downplaying any talk of a re-run of the difficult debates about a Capital Gains or Wealth tax.

Instead, he is focusing the Government on doing whatever it can to:

* lower inflation and interest rates by reducing the Government’s deficit and debt forecasts through limiting spending growth and delaying capital investment;

* stimulate nominal GDP growth and lower wage…