When I first visited Sydney in 1999, what struck me most were the cranes. They stood over the city in every direction, building towers, stadiums and rail lines for the Olympic Games. Read more
Greater Manchester's 2014 devolution agreement included powers over transport, housing and skills, with matching funding. That was my model for New Zealand two years ago, in a research note for The New Zealand Initiative. Read more
We hear a great deal about the Bank of Mum and Dad. The Bank of the children gets rather less attention, although we have been drawing on it for years. Read more
Last week, we co-hosted a dinner with the Selwyn Foundation. Its chair, former Labour health minister David Cunliffe, led the Government's aged care advisory group and presented their report, A place to grow old. Read more
| GDP Quarterly Change: | 1.29% |
|---|---|
| GDP Annual Change: | 2.30% |
| Inflation: | 3.98% |
| Optimal OCR: | 2.99% |
| Optimal OCR Gap: | 0.24% |
| Forecasted OCR Change: | 0.25% |