NZ first voters who tend to be retired and rely on term deposits to top up their pension will be livid for having the NZ first coalition with Labour over this .
SO to try to stimulate the economy interest rates are cut because Labour has stymied economic growth with its anti business policies:
trying to bring in CGT ,
increasing minimum wage (I feel fare though )
no trial period for workers in large businesses .
electric power payments so the unemployed can stay warm at home while others work ,
stopping oil exploration ,
PAYE accounts sent to IRD weekly which is a pain for small businesses ,
the house build fiasco
inability to get road infrastructure built and signed off and what is built is sub standard dud to incompetency at NZTA
