As a chorus of voices urges the Government to drop its self-imposed debt limit, Thomas Coughlan discovers that the ratings agencies would be relaxed about higher debt.
The first Colmar Brunton-TVNZ poll taken since Bill English became Prime Minister found support for National fell 4% to 46%, Labour rose 2% to 30%, the Greens were unchanged on 11%, New Zealand First rose 1 to 11%. Mana and ACT both rose 1% to 1% and Maori was unchanged on 1%.
Yet again, the New Zealand dollar has jumped sharply in the wake of a Graeme Wheeler decision to only cautiously ease monetary policy. Yet again, his call for a lower currency was defied by markets hoping for a more substantial easing to return inflation to the Reserve Bank's targets.