".........annual GDP across the region will fall by up to $605 million, Labour says."
Bullshit. What it means is we'll have $605 million dollars more to spend on things which we want and need because that's how much our rates bill will reduce.
SO, who is this so-called expert?
She's a lecturer at Auckland University, no less. Not a senior lecturer or a professor or a head of department. Just a lecturer. She appears to be a Three Wankan which is not far removed from being an Indian. Adolf would have thought The Herald might have learnt from the last two weeks that it is dangerous to take the word of people from that part of the world.
Especially when they are Labour Party activists like this one is. Not only that, she was an unsuccessful Labour candidate for the current Mt Albert By-election!!!!
You'd almost think The Herald was trying to hide something, would you not?