Ask Me Anything about the week to May 26
Paying subscribers can ask Bernard Hickey about the week’s news, including the $130m paid to NZ Steel to cut emissions, National’s U-turn on MDRS & the RBNZ’s declaration it’s done enough on inflation
It’s that time of the week for an ‘Ask Me Anything’ session for paying subscribers about the week that was for an hour from midday (my apologies for the late start today), including:
the Government’s payment of $130 million of Climate Emergency Fund money to NZ Steel to help it cut its emissions;
Christopher Luxon’s declaration that MDRS was a mistake;
The RBNZ’s decision to hike one more time and declare it had done enough to bring inflation down again.
And anything else you fancy. Fill yer’ boots. I’m here for the full hour. Jump into the comments to ask questions.
By the way, I’ve been doing more via Chat this week and last week and have been thrilled to see so many useful and thoughtful comments from paying subscribers. Here’s links to a few of those:
When you talk about New Zealand having the highest house prices in the world, what data are you using for this? Because when I search for house price to income ratio rankings, New Zealand isn’t most expensive - https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/
In your recent NZ Steel coverage you said NZ Steel wasn't in the ETS. They are and both have to buy units and get free units, as I understand it NZ Steel receives $50-$100 million in free NZU's. So why not just cut their free allocation of units, I am sure this would have motivated them to invest in this new tech and then we wouldn't have needed such a big govt subsidy ?