Latest / The Kākā by Bernard Hickey
Friday's Chorus: A miserly, investment-lite Government
Briefly in the news in Aotearoa’s political economy around housing, poverty and climate on Friday, November 7:
* Despite pledges the Government is ramping up capital spending to reduce infrastructure deficits and spark economic growth, Treasury yesterday published accounts for the first three months of the financial year showing the Government’s capital investment spending rose 1.6% to $918 million in the first quarter from a year ago, growth which is less than half the CPI inflation rate.
* The capital investments in the September quarter were at least $267 million less than forecast in the…
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