TMM - News

Confidence on interest rate cuts next year vanishes

Wednesday 6th of September 2023

Independent economist Tony Alexander says whichever party is elected in October, it will have to tighten fiscal policy and rein in spending because of a deterioration in the Government’s accounts.

The government’s published accounts for the 11 months to the end of May showed tax revenue was more than $2 billion behind where Treasury had forecast it to be at the budget and sl...

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