On the one hand, as we expand our presence in the international Eurobond markets, we are becoming increasingly vulnerable to movements in global bond yield curves. On the other hand, with a growing influence of foreign investors in our markets, we have to be alive to their short-term horizons and their potential flight to safety in turbulent times.
Then both the childcare supplement and the splitting of income taxation between couples ought to be abolished, since they both discourage going to work. No government has dared touch those hot potatoes. I know that those topics are both hot potatoes. However, we shouldn’t throw everything overboard only because it reduces the incentive to work.