How does our new Nordic Ice Queen Reserve Bank Governor ‘look through’ 7.5% inflation?
You can’t “look through” 7.5% inflation. If it lands, something breaks — and it won’t be the theory.

You can’t “look through” 7.5% inflation. If it lands, something breaks — and it won’t be the theory.
National is increasingly on the back-foot with New Zealand’s ever-worsening housing crisis. Ministers from the Prime minister down are desperately trying to spin a narrative that the National-led administration “is getting on top of the problem”. Despite ministerial ‘reassurances’, both Middle and Lower Working classes are feeling the dead-weight of a housing shortage; ballooning house prices, and rising rents.