Two weeks ago, I suggested a treaty ending international film subsidies. Government funding for local cultural content can be defensible. Read more
New medicines are slow to be authorised for the New Zealand market. Even if a medicine has already been approved by many other trustworthy overseas regulators like those in Canada, the UK, Australia, and the EU, Medsafe can take a very long time to evaluate a medicine. Read more
Next week’s Budget is Nicola Willis’s opportunity to prove the government means business about restoring fiscal discipline. Treasury’s long-term models are flashing red. Read more
You’ve got to admire MBIE. Really. Read more
| GDP Quarterly Change: | -0.14% |
|---|---|
| GDP Annual Change: | -1.28% |
| Inflation: | 2.30% |
| Optimal OCR: | 3.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | -0.25% |