In an annual pre-Budget speech, Prime Minister Christopher Luxon has promised "careful" immigration policy and signalled more capital spending than expected. Luxon made the comments to a Business NZ audience in Auckland this afternoon. Speaking about the need for social cohesion, Luxon highlighted his own electorate of Botany as "more diverse than most", saying many of Chinese, Korean, Malaysian and Indian New Zealanders were being "unfairly and unreasonably vilified". He said that during the Covid-19 pandemic, ministers had "too often prioritised their own political interests over the interest of the public", and the media "determined to flatter New Zealand's relative performance, also failed". "Since then, failed immigration policies in Europe and North America have also stoked a politics of division online.…