'Mea culpa'
OPINION: The Reserve Bank’s rate cut is great news, albeit a bit late, but your old mate agrees with Act leader David Seymour that the cut – with more to come – is a “multi-billion dollar mea culpa” by the RBNZ.
Ferries, roads, power lines, water pipes - you name it, it's a basket case.
Some have suggested it's time to take decisions about these vital projects off the barely-competent, short-term thinkers, otherwise known as politicians, and put them in the hands of actual experts.
It would still need oversight on behalf of those paying the bills (taxpayers), but it's hard to argue against an enduring framework that might end the stop-start cycle that every change in government drives.
If we don't take ideology and politics out of it, we'll never climb out of the (hell) hole the politicians have left our infrastructure in.
