core crown spending

A major preoccupation of the budget was preparing for the next major financial crisis. To do so it is reducing government spending relative to GDP. Where do tax cuts fit in? 

Our politics reminds me those weekly serial movies where each week the heroine ends in an impossible situation but next week she miraculously escapes and the action moves on to the next impossible situation.

The recession is going to change everything else in New Zealand. Why shouldn’t it change the shape and nature of our public sector too?

In case you’ve missed the main message: the tradable sector of our economy – the real driver of sustainable growth in New Zealand – has been