BusinessNZ has expressed caution about proposed changes to monetary policy outlined by Labour today.
Monetary Poilcy
ExportNZ says Labour’s monetary policy changes need further consideration
ExportNZ welcomes more of a conversation around the proposed monetary policy changes outlined by David Parker, Labour’s Finance spokesperson.
Careful management of inflationary pressures needed
Prudent advance signalling will have led to today’s OCR change being factored in by markets, easing concerns of a strengthened dollar, says BusinessNZ.
Positive development for regional economy
Minerals exploration permits awarded today are a positive development in growing the regional economy, says BusinessNZ.
Judicious minerals use welcomed
Mineral, coal and petroleum resources could create a step change in New Zealanders’ prosperity.