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BNZ Weekly Overview May 18 2006
BNZ Weekly Overview May 18
2006
Welcome to the May 18 edition of the BNZ Weekly Overview.
The financial markets and probably 99% of people in the country were unmoved by this afternoon's annual budget release from the Minister of Finance.
It was positive to see some extra money going into roading but the glaring omission of anything solid regarding electricity is a concern when one considers that in order to boost productivity businesses will be investing probably in electricity hungry machinery. Our concerns about migration flows across the Tasman were not assuaged by the continued determination of the government to avoid giving tax cuts even though the fiscal numbers leave scope for something to be done in that area.
Read the full weekly overview:
ENDS
John Mazenier: Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
Earthquake Commission: Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
Reserve Bank: Consultation Opens On A Digital Currency For New Zealand
NIWA: Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New Research
New Zealand Customs Service: A Step Forward For Simpler Trade Between New Zealand And Singapore
Horizon Research: 68% Say Make Banks Offer Fraud Protection
