But it does nothing to close the widening per capita income gap with Australia, says Alexander in his Budget overview in his weekly economic overview.

However, the ASB’s economic team says the cost cutting allows much swifter return to operating surplus than initially expected, in its succinct overview of the budget.

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Paying with your face

Imagine walking into a store, picking up your items and paying just by looking at a screen. This is already a reality in China thanks to facial recognition payment technology.

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