An administered, unnecessary & counter-productive inflation shock

The Kākā by Bernard Hickey · Mar 3, 2025 · 17m

Long stories short, my top six news items in Aotearoa’s political economy around housing, climate and poverty on Tuesday, March 4 are:

* The Government is widening its drive to turn public capital and investment costs into consumer price inflation that the Reserve Bank has to control with high interest rates.

* In recent days a rash of Government-controlled and driven price setters have signalled double-digit rises in prices, rates and fees in the next couple of years, due to the Government’s drive to reduce public borrowing and force their capital costs and investments off into private…