Phil

Before you swallow all the Government drivel Id suggest you read this

http://www.maxim.org.nz/index.cfm/Real_Issues/Print_Version?issueid=139

Neven
> And inflation is a BAD thing. The problem for government is how to reduce
> consumer spending. OCR is very crude tool but other measures (limit
> overseas investment, capital gains tax, etc are dubious and very hard to
> parlimentary support for). Kiwisaver MIGHT reduce expenditure but I'll bet
> sharemarket soars as fundmanagers desparately try to find places to invest
> will in turn put more pressure on dollar.  Shame government didn't have to
> balls to tackle the property market 3 years ago.
>
>
> ----------------------------------------------------------
> Phil Scadden, GNS Science Ltd
> 764 Cumberland St, Private Bag 1930, Dunedin, New Zealand
> Ph +64 3 4799663, fax +64 3 477 5232
>
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