Dawn chorus Friday November 6
Given new unfettered power to govern alone, Jacinda Ardern plays it safe with no talk yet of big policy or spending shifts. Her DNA is set for MMP, not FPP. Investors celebrate a weak Biden win
TLDR: A newly all-powerful Jacinda Ardern stuck to Labour’s manifesto script in her first big speech of her second term, simply confirming already foreshadowed spending increases and previewing fast-tracked approvals for a couple of projects before Christmas. But there was no transformational talk. Her political DNA is set for MMP, not FPP. The IMF’s ca…
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