Labour’s rating with voters has dropped to its lowest in two years, according to the latest Colmar Brunton poll. This has provoked a flurry of action by ministers, with a $400m new spend on schools and promises of big infrastructure projects to be announced in the half-year fiscal update.
Finance Minister Grant Robertson is sticking to his mantra that the economy continues to grow at faster rates than the countries it compares itself with, notably Aust, the UK and the US—even though the Treasury says overall NZ GDP growth is likely to fall below Budget forecasts.
Two per cent GDP growth is hardly likely to create any surge of enthusiasm, especially if it keeps trending down. For the man and woman in the street, cost of living inflation is eroding the impact of any recent wage increases.
As for the politics, the government’s claim for its performance in what was …
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