Heather Duplessy-Allen

Visitor arrivals data in New Zealand.

Offshore, we've got China trade data, US inflation.

and we've got some rate decisions in the Bank of Canada and from the ECB, earning some Oracle, Adobe, and, yeah, will it go into hyperdrive?

SpaceX lists on Friday.

All the ins and the outs.

It's the biz.

We've seen that previously Labour pre-committed a huge amount for health, and that sort of did give you a bit of direction of travel for what is a pretty important budget line item.

The challenge at the moment is you've had this big pre-commitment that

hasn't been disclosed what it is.

It's apparently coming out before the pre-election update.

We still don't have a date for that, as far as I'm aware.

And it's just slightly weird timing to have something in the budget, to have it pre-committed, but not reveal the information.

Like normally what you do with a policy like this, because it looks like they either have mostly got the concept over the line, but haven't ironed out the policy details.

Usually you wouldn't have that in the budget documents.

You'd instead at some point in the next month or two, come out and say, look,

We've got this announcement.

We're still doing the policy work, but we've sort of, you know, pre-charged the cost of this policy against the sort of next couple of budgets.

Instead of sort of this one, which is it's in the budget, but we can't tell you what it is, but it's there and it's going to cost a lot.

Well, for Treasury to include it in the budget documents, it sort of has to.

The Treasury has to be clear that they think the policy is going to go ahead.