Subsidies for Lost Generation, rugby spending boost

The planned subsidies to encourage firms to hire more regular workers may lift wage growth a bit. Meanwhile, the upcoming Rugby World Cup could provide a welcome boost to demand as it will happen around the time of October's sales tax hike. Unfortunately though, we suspect that the impact on the economy will be negligible.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.