Liberal democracy suffers its great leap backward
I was born in West Germany in 1975. Yes, it was still West Germany then. Read more
I was born in West Germany in 1975. Yes, it was still West Germany then. Read more
KiwiSaver has $110 billion in assets and over three million members. Contribution rates rise from April. Read more
When a story recently emerged about the government getting advice on carless days under the Petroleum Demand Restraint Act, older New Zealanders will have felt a warm flush of nostalgia. The 1979 restrictions brought coloured windscreen stickers announcing the weekday car owners had promised not to drive. Read more
Recently, during a select committee hearing on an infrastructure funding amendment bill, an MP asked for examples of infrastructure financed without government borrowing. “Sure,” our chief economist Eric Crampton replied. Read more
| GDP Quarterly Change: | 0.58% |
|---|---|
| GDP Annual Change: | 0.72% |
| Inflation: | 2.73% |
| Optimal OCR: | 2.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | 0.00% |