If experience is anything to go by, the new RBNZ era will end in tears and inflation and it will take another Minister of Finance, and another RBNZ Governor, to clean up the mess. [...]
Bad government policies are the main reason housing is unaffordable. Said differently, if government wants to make housing more affordable, it could do so simply by getting out of the way. [...]
Kiwis have mothballed their ambition. We have forgotten about growing the pie so we can share it. We have given up on excellence in favour of wellbeing, kindness and not rocking the boat. [...]