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Business commentator Pattrick Smellie joins Kathryn to examine yesterday's announcement that main benefits, including pensions and student allowances will be increased by 7.22 per cent to keep up with inflation - what will the effect be on wages?
He'll also look at the government's less sure-footed Industry Transformation Plans and the odd timing of Beef and Lamb NZ's campaign against carbon farming of forests.
Pattrick Smellie is the editor and co-founder of BusinessDesk and has reported on the New Zealand economy and business since 1983.
