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.'