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Brian Fallow: Bleak outlook from Reserve Bank
While leaving the OCR unchanged is good news for borrowers, the reasons for it are not good news for anyone.
While leaving the OCR unchanged is good news for borrowers, the reasons for it are not good news for anyone.
This is the housekeeper of all budgets. Drab. And not much sign of a growth agenda.
Mark Twain said: "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so."
A healthy Chinese economy is essential to New Zealand's ability to rebalance its economy from consumption-led to export-led growth.
Does a country of 4.4m really need 28 ministers - 20 in Cabinet and eight outside?
There was not much Christmas cheer from the Reserve Bank today but no Grinch in evidence either.