Briefly in Aotearoa’s political economy on Tuesday, February 3:
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The Lead: Just when the Government is hoping voters will feel the ‘green shoots’ of an economic recovery ahead of the November 7 election, the headlines are instead showing another surge in company liquidations and cost of living pressures. Paying subscribers can see more detail below the paywall fold and hear more analysis in the podcast above.
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The Sidebar: The liquidations are linked in part to the IRD’s crackdown on overdue tax debts and Covid loans. Four years of falling-to-flat house prices have also proven the death knell for many ‘zombie’ small businesses dependent on home equity withdrawals to get through the rough years.
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News elsewhere: Auckland Transport…