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Bernard’s Dawn Chorus with six newsey things at 6:46am for Saturday, March 16
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Bernard’s Dawn Chorus with six newsey things at 6:46am for Saturday, March 16

Andy Foster’s plug-in-hybrid lawmaking stuff-up; Simeon Brown rejects Westport’s flood system funding plea; Andrew Hoggard’s SNA back-track; Japan set to end NIRP; High mortgage rates for longer
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TL;DR: The six newsey things that stood out to me as of 6:46am on Saturday, March 16.

  • Andy Foster has accidentally allowed a Labour/Green amendment to cut road user chargers for plug-in hybrid vehicles, which the Government might accept; NZ Herald Thomas Coughlan

  • Simeon Brown has rejected a plea from Westport for flood protection funding; Westport News via RNZ Lee Scanlon

  • Most water contractors report having projects cancelled, paused or deferred because of the Government’s funding freeze after repealing Three Waters;

  • Andrew Hoggard has back-tracked on his ‘ignore the SNA’ edict to councils, which was branded illegal as ‘lawmaking by press release’; RNZ Kate Green

  • Japan is set to end its decades-long negative interest rates policy; and,

  • Mortgage rates here are set to stay higher for longer as US inflation is staying higher for longer.

Plug-in-hybrid lawmaking

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The Kākā by Bernard Hickey
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The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.