The PM, Jacinda Ardern, received what her handlers would have perceived as unexpected criticism from the media after she gave a pre-budget speech to an Auckland business audience. One of those in the audience was said to have described it as an “ideological fairytale”; others apparently were disappointed it had “nothing for business”.
Given she did list as two of the five priorities in the budget as being “creating opportunities for productive businesses, regions, iwi and others to transition to a sustainable and low-emissions economy; and supporting a thriving nation in the digital age through innovation, social and economic opportunities”, the criticism itself could be regarded as a bit “ideological”.
Surely business doesn’t expect government hand-outs, even if it is labeled a “well-being” budget?
But there seems little doubt that the mood of business is downhearted these days.