History with Dr Grant Morris: The history of PREFU
Afternoons - A podcast by RNZ - Joi
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Last week the much anticipated Pre-Election Financial Update (PREFU) was released. The PREFU is a mandatory "opening of the government books" before a general election. However, for most of our history we did not have the PREFU. So what happened in the pre-PREFU era and why was it introduced? Today Dr Grant Morris explains the history behind the release.