“There is a cost to the economy.”
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“The central bank has identified the triggers that will make it raise rates. We dont think those things will happen.”
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“Annual wages growth is still accelerating. It is premature to talk of interest-rate cuts while such stretched capacity still exists.”
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“If Peter Costello wants more taxpayers, he is going to have to find more child-care places so mothers can actually get back to work.”
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“You can draw a pretty strong conclusion that better availability and cheaper child care would certainly encourage more women to work.”
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“Aside from the unexpected slump in non-rural goods, we note that imports are still strong in capital, so the business investment theme is still alive and well.”
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“This is the nail in the coffin for the recession camp.”
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“Yes, the economy is slowing, but New Zealand is not in recession. Even if you take January and February together, youve still got retail sales travelling at 1.1% for the quarter. Sales growth was also much broader in February.”
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“Inflation is going the wrong way, from 3.2 to 3.4 per cent.”
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