Robertson gets Infrastructure and Deputy PM; Twyford demoted outside Cabinet; Little gets Health; Wood gets Transport; Clark back in Cabinet; Verrall straight into Cabinet; Mahuta is Foreign Minister
Cheers Peter. Very much Robertson. Was always PM's point man with business and the infrastructure and Deputy PM role just amplifies that. Hipkins full up running Covid-19, Education reform and being Leader of the House. Big mover in business space is Stuart Nash, who gets Economic Development, Tourism, Forestry and Small Business.
There's a lot of expectation that the Government can now shove a lot of stuff out the door without having to worry about Winston or the Greens or the election or who's going to win/lose in the next reshuffle. We'll get a heads up on Thursday when the PM gives here 'here's what we accelerate' speech. There's a lot of shovel ready projects given green lights and stalled.
How does printing money eventually led to consumption based inflation? Is it that eventually there is so much house wealth that that investors just cant resist to spend on stuff? Its hard to see how any amount of money printing leads to wage inflation (in this environment) that results in consumption, beyond the ability and resulting appetite of employees to convert any increases into either mortgage repayments, or new mortgages. Simple issue fro SME's is how do they earn more and therefore pay more wages. Nothing to do with printing money.
Who’s going to run the vital relationship with business? Robertson or Hipkins?
Cheers Peter. Very much Robertson. Was always PM's point man with business and the infrastructure and Deputy PM role just amplifies that. Hipkins full up running Covid-19, Education reform and being Leader of the House. Big mover in business space is Stuart Nash, who gets Economic Development, Tourism, Forestry and Small Business.
I wonder if that is enough. If there is enough focus on engaging with the private sector on getting the economy moving.
There's a lot of expectation that the Government can now shove a lot of stuff out the door without having to worry about Winston or the Greens or the election or who's going to win/lose in the next reshuffle. We'll get a heads up on Thursday when the PM gives here 'here's what we accelerate' speech. There's a lot of shovel ready projects given green lights and stalled.
Good result I think.
How does printing money eventually led to consumption based inflation? Is it that eventually there is so much house wealth that that investors just cant resist to spend on stuff? Its hard to see how any amount of money printing leads to wage inflation (in this environment) that results in consumption, beyond the ability and resulting appetite of employees to convert any increases into either mortgage repayments, or new mortgages. Simple issue fro SME's is how do they earn more and therefore pay more wages. Nothing to do with printing money.