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 don t know and we won t 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 it s going to require a three party coalition i
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 don t know and we won t 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 part
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 don t know and we won t know for another two weeks whether the new pr
analysis of live music is taking place. we look at the big issues for the industry. in sport: impossible to play any better that was jose mourinho s assessment of his manchester united side, as they bagged an away goal in europe. it brought london to a standstill and killed thousands more than 60 years after the great smog, we ll find out what s being done to improve the capital s air quality today. nick has the weather. after so much loose guide yesterday, a bit of rain in northern and western parts. still mild but not as lovely as yesterday. you ll forecast for friday and your weekend weather. good morning. first, our main story. schools in england are being forced to cut gcse and a level courses in an effort to balance the books, according to a head teachers‘ union. the association of school and college leaders has warned budget pressures are driving up class sizes and causing them to cancel things like school trips. our education correspondent gillian hargreaves r