Rob Hosking gives the answers to the questions we might be asking, including:
So isn’t there a wider political agenda behind this?
Look at the wider political strategy being run by both the main parties. The “narrative” Labour has been running since the mid-1990s is National is the party that takes things away from you, Labour is the party that gives you things. A cornerstone of the current government’s political strategy is to eradicate the idea that National governments take things away from people. The $2.6 billion hole in ACC forces National back into the role of being nasties.
So was National set up?
Unclear. But this is either culpable negligence or sabotage. Take your pick.
I pick both.