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Why challenges are piling up for Labor

Be it the economy, the budget, the energy crisis, COVID-19, China, foot and mouth disease or climate, there is no low-hanging fruit for the incoming government. ....

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Government books in better shape for now, but 2021 remains the great unknown


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Grant Robertson announces changes coming to the small business loan scheme as Jacinda Ardern reveals progress with the Cook Island travel bubble during Monday s post cabinet press conference.
ANALYSIS: At first blush, the Government s Half Year Economic and Fiscal Update (HYEFU) shows the books continue a steady march back towards fiscal health. The economic impact of Covid-19 continues has been consistently overstated and the economy continues to outperform compared to each previous forecast since the outbreak of the pandemic.
So as the dire unemployment forecasts of the May budget were ratcheted down in the Pre-Election Fiscal update (PREFU) in September, and they have been again in Wednesday s HYEFU. ....

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