The 8 things that mattered this week
In a pre-Budget speech Jacinda Ardern took her critics head on, telling the crowd of business leaders that flagging business confidence didn’t match reality, Thomas Coughlan reports.
Good morning all.
For the convenience of email-avoiding subscribers and samplers, here's the email sent earlier on Tuesday.
A report by the New Zealand Institute of Economic Research (NZIER) on the Labour/Green proposal for a single state-owned electricity buyer has found it would increase private consumption spending by 0.1%, but leave real national disposable income unchanged. It would also encourage extra consumption and increase carbon emissions by as much as 0.5%.
Prime Minister John Key convinced Australian Prime Minister Tony Abbott on Friday to review the mutual recognition of imputation credits for dividends from Trans-Tasman companies, but a 2012 study shows such a change could significantly reduce tax revenues on both sides of the Tasman in the short term.
In a rare dispute between Business NZ and a National Minister, CEO Phil O'Reilly has described claims by ACC Minister Judith Collins about safety training programmes as 'overblown and regrettable.'