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Budget 2023 is an election year budget. Many voters want to be fed (bigger) hand-outs. Read more

A rowboat drifts at sea, water seeping in from a hole in its side. Its captain has engineered all kinds of ingenious devices to bail out the boat and to dry sodden things. Read more

The first principle of medicine is “do no harm”. It should be the first principle of economic policy too, especially heading into an election year. Read more

On Wednesday, the Reserve Bank increased the Official Cash Rate (OCR) by 0.75 percentage points (pp) to 4.25%. This isn’t surprising given that inflation has reached a 30-year high of 7.2%, but is it too little too late? Read more

Never attribute to malice that which can be explained by incompetence. Even still, it is hard to see how policy could be less friendly to entry by grocers like Aldi or Lidl if it were intentional. Read more

According to Greek legend, the Chimera was a monstrous fire-breathing creature with three heads. It is usually depicted as a lion with the head of a goat protruding from its back and a tail with the head of a snake. Read more

No one likes to spend their precious Saturday morning waiting for the train. But that is exactly what residents of northern Germany were forced to endure in early October, after cables needed to operate the trains were cut. Read more

At about three in the morning, three days after the 2011 Christchurch earthquake, our family got into the car. Power and water had been out at our South New Brighton home since Tuesday’s earthquake. Read more