Latest / The Kākā by Bernard Hickey
Economists call on PM to suspend budget cuts for the sake of the economy
Kia ora. Long stories short, here’s my top things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, November 21:
* The news at 7.30 am: Ukraine fired British-made Storm Shadow missiles into Russia for the first time overnight (Guardian). COP29 is nearly finished without a deal on climate finance (Reuters). LGFA raised its borrowing limit for councils to 350% of revenue from 280% after the Government increased its overdraft limit for LGFA (LGFA, Beehive). NZ’s biggest pulp & paper mill at Kinleith is ending paper production and laying off 230 workers…
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