Latest / The Kākā by Bernard Hickey
RBNZ loosening as the Govt is tightening
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 28:
* The News: The Reserve Bank cut the OCR 50 bps to 4.25% yesterday and Adrian Orr signalled another 50 bps cut to 3.75% on February 19. He told me he was concerned about administered inflation by the Government, including through bus and train fare hikes and electricity price increases.
* Scoop du jour: Lloyd Burr interviews Covid Royal Commission Chair Tony Blakely for Stuff.
* Deep-dives du jour: Tim Brown looks in depth at whether Westport…
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