Mon, 05 Sept
|Mairangi Bay Bowling Club
SuperBlues with Cameron Bagrie
Monthly get-together for like-minded people, 60+ (or there abouts) to talk all things politics. $5 per person covers morning tea.
Time & Location
05 Sept 2022, 10:00 am – 12:00 pm
Mairangi Bay Bowling Club, 11 Ramsgate Terrace, Mairangi Bay
About the Event
We have a very special morning planned for you this month - Cameron Bagrie is joining us! You may not recognise the name, but I'm sure you'll recognise the face.
He's often interviewed on TV and radio for his opinions and thoughts on the latest data, trends or policies.
Cameron has been an economist for 20 years. For over 11 years he was the Chief Economist at ANZ. He has also worked as an economist at the National Bank, Treasury and Statistics New Zealand.
Cameron was interviewed late last month by NewsHub... here's what he had to say:
An economist backs the National Party's claim that a large chunk of New Zealand's consumer price inflation is being driven by Government spending.
It comes after inflation hit a 32-year high this week - 7.3% - with warnings it could stay there until the end of the year.
"The short answer; yes, the Government has contributed," said independent economist Cameron Bagrie, when asked if a lot of the inflation was being driven by Government spending. "[The] $60 billion COVID relief package has poured an awful lot of money on an inflationary bonfire.
"Things such as lifting the minimum wage, while admirable, if you're not seeing productivity growth on the other side - that's going to add the unit right across its cost rates to the additional $0.50 you end up paying for your cup of coffee," Bagrie told Newshub Nation.
But, despite this, he said the economy couldn't expect the Government to do all the heavy lifting. "Businesses need to be doing a lot of heavy lifting here as well," Bagrie said. "We're all in this sort of stuff together."
Bagrie urged the Government to move away from "demand stimulus" fiscal policies to help ease the economic burdens.
"I need to get into the ins and outs of the New Zealand economy... How do we make the New Zealand economy able to grow faster, consistently, year after year?"
The Government has consistently dismissed its spending was stoking high inflation, instead blaming global economic factors.
Come along for a very special morning.
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$5pp (incl GST)
Please bring cash on the day
Don't forget extra coins for our raffle
Authorised by Erica Stanford, 85 Beachfront Lane, Browns Bay, Auckland 0630 This is a fundraising event with proceeds, after costs, a donation to the New Zealand National Party