Latest / The Kākā by Bernard Hickey
Luxon & Willis stranded with failing economic strategy
Briefly for all subscribers, the key things to know from Aotearoa-NZ’s political economy around housing, poverty and climate on Tuesday, July 22 are:
* Inflation figures have confirmed the Government’s economic strategy is failing, with the economy sinking into stagflation just over a year out from the next election. See more below in The Lead and in the podcast above.
* Unlike after previous big rate-cutting cycles, the housing market is not firing up and business investment is stalled. That’s because bank lending is restricted and house sales are frozen in the headlights of prices being…
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