Coming up from NZ - how much $$$ available to spend on election promises!

A month to go until the New Zealand election (September 23)

Coming up on Wednesday this week is the pre-Election Economic and Fiscal Update (PREFU)

• Will confirm NZ has a large budget surplus (cue salivating from Pavlov's politicians)
• The update will tempt the pollies into new policy initiatives, and they might even cost them out

Unlikely to be too much of a currency mover unless there are some big surprises in the PREFU