Political & Economic week ahead: PM heads to New York as Parliament goes on holiday
Nevil Gibson breaks down the political and economic week ahead on NBR Radio and on demand on MyNBR Radio.
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Some 160 world leaders gather in New York this week for the UN General Assembly session, while domestic political and economic activity is taking a back seat.
Prime Minister John Key will be there with an array of presidents – Barack Obama, Russia’s Vladimir Putin and Xi Jinping of China, to name just the most important.
Mr Key will attend a summit on the Islamic State, hosted by Mr Obama, as well as a Security Council session on the conflict in Syria and Iraq.
Also in the US, trade ministers are meeting in Atlanta, Georgia, to try to push the Trans Pacific Partnership (TPP) across the line.
Back home, Parliament is having a break for the school holidays and no major announcements are planned. Parliament resumes for the year’s final session on October 13.
The next major item on the government’s agenda is another attempt at reforming the Resource Management Act.
The government needs the support of the Maori Party, which has swung around because the bill provides the best opportunity for getting more affordable housing.
United Future’s Peter Dunne is still holding back on tipping the law more toward promotion of economic growth than retaining the environment as the main priority.
Last week, consumer confidence figures showed a continued drop, though this has stabilised.
This week, ANZ reveals its latest business outlook, which may be too late to reflect Fonterra’s huge profit last week and a turnaround for the dairy industry.
The other major statistic due is building permits for August. The last figures showed a 20% rise and this remains the main area of domestic activity.
Nevil Gibson discusses these and other issues with Owen Poland on NBR Radio.
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NBR Radio
Mon, 28 Sep 2015
Mon, 28 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Political & Economic week ahead: PM heads to New York as Parliament goes on holiday
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