Articles tagged Michael Wood


The Reserve Bank faced questions from a Government MP today about why it couldn't cut interest rates to drive unemployment even lower. It argued in response further rate cuts could inflate the housing market again and it preferred interest rate stability to taking a risk that inflation could reappear.

Potential tax increases were one of the main weapons used by National in its election battle. But documents suggest the Government has been considering its own bump in revenue gathering to pay for transport spending. Shane Cowlishaw reports.

Labour got a morale boost at the least over the weekend when Michael Wood beat Parmjeet Parmar in the Mt Roskill by-election with a majority of 6,518. Phil Goff beat Parmar by 8,091 votes in the 2014 General Election, although candidates from the Green, New Zealand First, Conservative and Mana parties stood candidates that got a combined 3,793 votes.