
Cameron Bagrie
Managing Director and Chief Economist, Bagrie Economics and Contributor at Freelance
Managing Director at Bagrie Economics. Independent. straight shooting economics insights most Sundays 8pm. Details at https://t.co/cCeahIr699
Articles
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1 week ago |
businessdesk.co.nz | Cameron Bagrie
The Government pulled a rabbit out of the hat in the form of pay equity savings, which effectively meant an austerity budget was averted. A transfer was made from Paul/Penelope to Peter/Pippa in the form of pay equity savings versus Investment Boost.Gross initiatives of $6.7 billion were funded by $5.3b of savings, the largest chunk coming from pay equity savings of $2.8b per annum.
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3 weeks ago |
businessdesk.co.nz | Cameron Bagrie
The Government is portraying a mess and the implicit need for austerity in the 2025 Budget and subsequent Budgets, if fiscal targets and a return to surplus are to be achieved. The word austerity is being shunned, but there is no free lunch if a return to surplus is to be achieved. You need to find savings, and that involves tough decisions.The opposition and previous Government are denying responsibility and the need for austerity, but how their numbers stack up is anyone’s guess.
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1 month ago |
businessdesk.co.nz | Cameron Bagrie
Trade-offs. That is my word to describe the upcoming Budget, because we face many competing priorities. Defence is now a clear priority. But where is the money coming from if we expect government spending to decline overall as a share of the economic pie? Peter needs to pay Paul. Who is Peter?Every economist has a bullshit radar.
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1 month ago |
businessdesk.co.nz | Cameron Bagrie
A zero 2025 Budget.
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1 month ago |
businessdesk.co.nz | Cameron Bagrie
Students are being stood down from school more often, for up to five days. It’s like being suspended. Is it an effective intervention, allowing a cooling-off period, or becoming a fall-back option for schools? I’m not sure we really know.Readers may have noticed I have a bee in my bonnet about education. It’s at the epicentre of where the economy is going to be in 30 years.
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From Stuff “.Close to half of all mortgage-holders are due to refix their loans in June, Willis added, which equates to more than half a million loans.” No way this is right. Haven’t seen the clip so not sure whether journalist got wrong end of the stick when it came to answer.

Brilliant last line. “Now, if only someone could embed “how to pack a lunchbox your child will actually eat” into the curriculum, we’d really be winning”. The financial literacy education curriculum change parents have been waiting for – Cecilia Robinson https://t.co/JnbZNhyNsO

We might not have tariffs in NZ but we provide subsidies. No surprises here to see USA targeting this area given what has already taken place. NZ film officials discussing Donald Trump’s announcement of 100% tariff on films produced outside US - NZ Herald https://t.co/Qh5vwpzfgQ