Latest / The Kākā by Bernard Hickey
Why NZ's new looser 'golden visa' won't 'turbocharge' GDP
Long stories short, the top six things in Aotearoa’s political economy around housing, climate and poverty on Monday, February 10 are:
* A loosening of rules to entice rich foreigners to invest more here is unlikely to “turbocharge our economic growth,” as claimed by the Government, because they will still have to rent when they live here, and most of the money will be lent to the Government in bonds, rather than invested directly in businesses;
* The revelation in yesterday’s Herald on Sunday-$$$ that ACT Leader David Seymour wrote a letter to Police in support of Philip Polkinghorne would…
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