The tabs...
- Australia considering changes in governance at the Reserve Bank, including setting a Monetary Policy Committee. Hope that they avoid the errors NZ made around unqualified Board members and ruling out monetary policy expertise on the Monetary Policy Committee.
- Regulations shifting toward open banking are coming. It seems in-principle a good idea.
- Vic Uni's Martien Lubberink with some cautions about attempts to tax bank profits.
- The government's delaying biofuel mandates. That's great, but better would be abolishing them. When tech and carbon prices make them a cost-effective way of mitigating emissions, fuel companies will pick them up to avoid paying for carbon permits. National says it would scrap any mandate - good!
- Jem Traylen at BusinessDesk points to a path through on Three Waters; includes a bit from me on revenue bonds.
- Canada playing silly buggers with tariff-rate quotas under CPTPP to freeze out NZ dairy. It's going to arbitration.
- Oliver Hartwich on collapsing education results.
- Michael Reddell on RBNZ Governor appointments. Bottom line: better to find a Governor that has respect from all the main parties rather than either a short-term extension or reappointing the one who hasn't got it.
- Geoff Mortlock on Orr's reappointment.
- Immigration NZ's computer systems remain a mess so the backlog in visa approvals gets worse. If that can't be fixed in a hurry, why not just ditch the rule banning non-residents from buying houses so that living here as a non-resident is less bad?
