Businesses do not benefit from a system that fails to properly screen applicants for a job, it says.
Both Reserve Bank and Treasury expect house-price rises to slow considerably later this year.
The Reserve Bank still has the option of cutting OCR if Covid economic shock re-emerges.
Politics: Even the Treasury’s pessimistic scenario still expects annual growth of near 3%.
BusinessNZ says decisions still need to be made on the scheme’s scope.
The Monetary Policy Committee needs to be confident about its inflation and employment targets.
Bigger investments now likely as it has $400m in the fund.
NZIER warns supply constraints will, however, hamper growth.
She is the first Māori woman to be appointed to the role.
There were reputational risks around the ‘public good’ nature of Kiwi Bonds.