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

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