Written By: - Date published: 3:57 pm, February 20th, 2023 - 69 comments
The repair bill for the recent cyclones will be similar to the direct cost to government of the Canterbury earthquakes, in the $13 billion region. Banks are currently making obscene profits. The time is right to impose a one-off banking windfall tax. If a conservative Margaret Thatcher can do it, it is pretty hard to argue why a Labour government can’t.