Jan 16, 2008

New Reports Put Even Stronger Spotlight On Impact Of David Parker's Policy

David Parker's poorly thought through emmissions trading scheme (EMS) might be about to hand National an absolute majority in the new Parliament. Two further interest rate rises in 2008 will easily deliver that result. Two new assessments out yesterday - from ASB and Westpac - again focus on the inflationary impact of the propsed EMS, and Westpac sees a response from the Reserve Bank as likely. Read about this in the NZ Herald.