Latest / The Kākā by Bernard Hickey
When 'going for growth' actually means saying no to new social homes
TL;DR: These six things stood out to me over the last day in Aotearoa-NZ’s political economy, as of 7:06 am on Thursday, April 11:
* The Government has refused a community housing provider’s plea for funding to help build 42 apartments in Hamilton because it said a $100 million fund was used up, the Waikato Times’ Stacey Rangitonga reported. It currently spends 40 times that each year on housing subsidies. (See more analysis and detail below)
* Interest rate cut hopes for 2024 are fading globally after higher-than-expected US inflation figures overnight dragged expectations down to 25 or 50…
The skinny
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