Standard & Poors

Pundit has finally received answers from Bill English's office about the government's stimulus package. Contrary to the spin, the government is re-announcing already promised money, it has not added a cent to its spending since December, and while the rest of the world ups the ante, New Zealand is sitting on its hands

If you've been reading Pundit over the past week, you'll know that I've been trying to pin down the government as to exactly what is in the $9 billion stimulus package that it has been trumpeting as one of the five largest in the developed world.