Don’t expect a strong rebound yet.
Winston Peters is demanding Labour comes clean on its tax plans.
'Not very often I agree with Peters, but this time he is correct, if Ardern is saying what she/Labour won't tax then they DO know what they will.'
The Reserve Bank rigorously, and rightly, keeps out of politics but political implications of its statement are unavoidable.
"ll the stimulus has gone into asset inflation, particularly stocks and housing"