Picking winners?

We've been down the road that Labour's 'Future Fund' promises to take us; one where the geniuses in the Beehive, half of whom can't remember how many rentals or shares they own, throw darts at a list of 'promising investment ideas'.

Your old mate isn't alone in fearing this approach.

One economist said the problem wasn't a shortage of capital in NZ but a poor investment climate and unstable policymaking that deters foreign investors.

Another said Labour's scheme amounted to "bureaucrats picking winners" while crowding out private investors.

Many of our MPs would struggle to walk and chew gum at the same time, let alone play real-life Monopoly with our money!