Bernard Hickey highlights 10 options available to the Government and the Reserve Bank to lower the value of the Kiwi dollar. Hickey’s suggestions focus on reducing New Zealand foreign borrowing by: Cutting the government’s fiscal deficit, reviewing government procurement policies to encourage tendering of contracts to New Zealand firms, increasing the Core Funding Ratio for banks, and keeping New Zealand assets in New Zealand hands.
These policies will help the productive sector by lowering the crippling New Zealand dollar whilst also helping New Zealand develop the economic base and policy framework that ensure New Zealand realizes its economic potential.

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