Interesting to compare New Zealand’s stimulus package with those proposed in Australia and the US.
New Zealand has a conservative government made up mostly of people who have actually run things before, including in many cases their own farms or other businesses.
The NZ package includes some infrastructure spending, but the focus is on building business confidence through reduced taxation, and simplifying the tax system. Well done.
In Australia, Kevin Rudd is proposing that home owners should get free ceiling insulation. Great.