The Kākā by Bernard Hickey
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Thursday’s Chorus: OECD wants NZ infrastructure spending deferred
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Thursday’s Chorus: OECD wants NZ infrastructure spending deferred

OECD wants NZ to target spending better and defer infrastructure spend; Albanese set to soften 501 rules; Mahuta's husband got $28k for seminars; Cabinet paper sets high bar for grocery breakup
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TLDR: The OECD told Aotearoa-NZ overnight the Government should defer infrastructure spending and better target ‘cost of living’ payments to take some pressure off inflation. The recommendation came in the OECD’s half-yearly Economic Update, which also warned of slowing global growth and high inflation because of the war in Ukraine.

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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.