The scene is set for some big post-cyclone spending

The scene is set for some big post-cyclone spending
Mother nature is showing her wrath more regularly. (Image: Getty)
Cameron Bagrie
Out of the terrible human toll and financial cost of Cyclone Gabrielle comes the realisation that New Zealand’s infrastructure is not fit for purpose.I have pointed out in the past that we need to address the serious pitfalls across infrastructure, and put in place better risk management.There are wider aspects beyond that, too. Monetary policy versus fiscal policyThe Reserve Bank of New Zealand’s job just got more difficult as a result of the cyclone. The extra building supplies needed to rebuild damaged areas will add to infl...

More Opinion

The big banks risk being disrupted by Big Tech
Opinion

Peter Griffin: The big banks risk being disrupted by Big Tech

If we let innovation continue, even vastly profitable banks face an uncertain future.

Peter Griffin 28 Mar 2024
BNZ KiwiSaver manager do-over heralds FirstCape arrival
Opinion

David Chaplin: BNZ KiwiSaver manager do-over heralds FirstCape arrival

Unlike banks, broker-founded advisory firms haven’t done much with KiwiSaver; no need.

David Chaplin 27 Mar 2024