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Transcripts For BBCNEWS Asia 20240703

New zealanders have been feeling the pinch from soaring prices as well as unaffordable housing. Meanwhile the central bank has pledged not to lower the official cash rate from its 15 year high Arthur Grimes from Victoria University of wellington spent a decade as chairman at the Reserve Bank Of New Zealand between 2003 and 2013. There are many priorities for the incoming government. The issue will be the structure of the government as to whether they will be able to do much to tackle the economic problems that are there. At the moment, we dont know and we wont know for another two weeks whether the new Prime Minister will be able to form a governmentjust with the act party, a smaller Libertarian Party or whether they will also need to form a three Party Coalition with new zealand first, essentially a populist pork barrel politics party, and those of the two parties cannot Work Together very coherently on economic policy, so if its going to require a three Party Coalition its going to b

Transcripts For BBCNEWS Asia 20240703

Promised to us Hus Experience in business to bring down The Cost Of Living which has been one of the main issues in the election. New zealanders have been feeling the pinch from soaring prices as well as unaffordable housing. Meanwhile the central bank has pledged not to lower the official cash rate from its 15 year high Arthur Grimes from Victoria University of wellington spent a decade as chairman at the Reserve Bank Of New Zealand between 2003 and 2013. There are many priorities for the incoming government. The issue will be the structure of the government as to whether they will be able to do much to tackle the economic problems that are there. At the moment, we dont know and we wont know for another two weeks whether the new Prime Minister will be able to form a governmentjust with the act party, a smaller Libertarian Party or whether they will also need to form a three Party Coalition with new Zealand New Zealand first, essentially a populist pork barrel politics party, and those

Transcripts For BBCNEWS Asia 20240703

Down The Cost Of Living which has been one of the main issues in the election. The economy has been teetering on the brink of recession while New Zealanders have been feeling the pinch from soaring prices as well as unaffordable housing. Meanwhile the central bank has pledged not to lower the official cash rate from its 15 year high until inflation is backin 15 year high until inflation is back in the targeted Comfort Range of 1 up to 3 . We have spoken to Arthur Grimes from Victoria University of wellington who spent a decade as chairman at the Reserve Bank Of New Zealand between 2003 and 2013. , a, ,. , 2013. There are many priorities for the incoming 2013. There are many priorities for the incoming government. | for the incoming government. The issue will be the structure of the government as to whether they will be able to do much to tackle the economic problems that are there. At the moment, we dont know and we wont know for another two weeks whether the new Prime Minister will be

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