The hoon for the week that was to Feb 26
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TLDR: This week, the clean up after cyclone Gabrielle forced the Government into a last-minute rewrite of its pre-election Budget 2023 set for May 18, but the Reserve Bank warned it against spending with extra tax or less spending to ensure the rebuild doesn’t generate more inflation in an economy straining at full capacity.
Finance Minister Grant Robertson wouldn’t rule out a cyclone tax of some sort to pay for potentially billions of dollars of repairing and rebuilding in Te Tairāwhiti, Hawkes Bay and…
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