Yesterday’s business confidence survey figures should kill off any talk of another OCR hike in the foreseeable future says an economist, with signs inflation is abating
Inflation is coming down despite the best efforts of our Reserve Bank to transfer wealth from the unemployed, lower and middle income earners and borrowers to banks and the wealthy.
Meanwhile we continue to suffer from decades of deliberate underfunding of public services and infrastructure.
Inflation is coming down despite the best efforts of our Reserve Bank to transfer wealth from the unemployed, lower and middle income earners and borrowers to banks and the wealthy.
Meanwhile we continue to suffer from decades of deliberate underfunding of public services and infrastructure.