The Reserve Bank left the official cashrate unchanged at 1.75% yesterday, but this nudging along of economic policy doesn’t sit well with the man with the most influential say on future directions, NZ First leader Winston Peters.
I suppose I ought to have become excessively rich too. “Ought to”, rather than “could have” or “should have”.
Immigration Minister Michael Woodhouse announced a package of changes yesterday “designed to better manage immigration and improve the long-term labour market contribution of temporary & permanent migration”. It amounts to cutting New Zealand’s cloth exactly to measure.