NZ governor wants ‘stand out’ policy


New Zealand will only achieve economic growth through world-class monetary and fiscal policy, the central bank's governor, Graeme Wheeler, said today. "We don't have the luxury that many developing countries enjoy of relying on catch-up technology to propel growth," Wheeler told an audience in Christchurch.

The country's policies would have to "stand out internationally" if New Zealand wants to attract new capital and investment, he said, which requires addressing government spending and

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