Arthur Grimes is a senior fellow, Motu Economic & Public Policy Research and adjunct professor, Victoria University of Wellington. He was chief economist and chair of the Reserve Bank of New Zealand.
The commitments in today's budget are to be welcomed, but they could use some better defined targets to focus ambitions
Arthur Grimes is former chief economist of the Reserve Bank. He thinks we should flood the Auckland market with 150,000 homes and aim for a 40% crash in house prices.