Saturday, May 30, 2026

LATEST

Economy




Budget 2026 unveils fuel relief, major infrastructure spending and cyber security boost

The Government has unveiled a wide-ranging Budget 2026 package aimed at balancing fiscal restraint with new spending on infrastructure, frontline services and support measures...

Bezos panics: Billionaires fear public revolt amid growing inequality

Billionaires and corporations are accused of fuelling economic inequality while positioning themselves to avoid public backlash. The claims were analysed during a segment on The...

$1.2 billion scheme launched to help businesses move away from gas

The Government has unveiled a new loan guarantee scheme aimed at helping businesses reduce their reliance on natural gas, as it says New Zealand...

English language rules for mid-skilled migrant workers extended

The Government is expanding minimum English language requirements for migrant workers applying under the Accredited Employer Work Visa (AEWV), with the new rules set...

Peters targets Labour, immigration and globalism in wide-ranging Whangārei speech

Winston Peters has used a major speech in Whangārei to unveil a series of economic and political proposals, including a Special Economic Zone at...

NZ First unveils proposal for Special Economic Zone at Marsden Point

New Zealand First has announced plans to establish a Special Economic Zone at Marsden Point, centred around the former oil refinery site and Northport,...

Ruble top performer against US dollar – Bloomberg

The Russian currency has increased 12% against the greenback since April despite repeated predictions of depreciation, the outlet has reported. The Russian ruble has become...

EU names deadline for ‘mother of all deals’

European Commission President Ursula von der Leyen has vowed to finalize a trade pact with India after 20 years of efforts. European Commission President Ursula...

Potato futures are soaring – should the world be worried?

Disruptions to shipping through the Strait of Hormuz have triggered warnings of a global food crisis. The US-Israeli war on Iran is increasingly hitting consumers...

AI deletes routine white collar jobs

A new study predicts that 86% of AI unemployment will be women. And not just any women: rich Democrat women. Tragically, AI is coming for...

National accused of ‘misleading’ public over India FTA immigration rules

The National Party is facing accusations of lying to New Zealanders over the immigration provisions contained within the newly signed India Free Trade Agreement,...

US in stagflation for first time in decades – 2008 crash prophet

Ray Dalio’s warning comes amid a consumer price hike triggered by the Iran war and an economic downturn. The US has slipped into stagflation for...

NZ-India FTA accused of helping build rival fruit industry at growers’ expense

Critics of New Zealand’s free trade agreement with India are accusing the Government of undermining local growers by committing New Zealand expertise and resources...

Kiwis urged to take action and oppose NZ–India FTA

Opposition to the proposed New Zealand–India free trade agreement is intensifying, with critics urging the public to take action ahead of its expected progression...

NZ-India FTA slammed as ‘sell-out’ after claims of Kiwi job losses and migration surge to NZ

Criticism of the NZ-India Free Trade Agreement (FTA) has intensified after comments made by India’s Trade and Commerce Minister Piyush Goyal and Trade Minister...

ANZ lifts fixed mortgage and deposit rates

ANZ has raised several fixed home loan and term deposit rates, increasing mortgage rates across one- to five-year terms by 10 to 20 basis...

NZ retail sector hit by skyrocketing fuel prices

New Zealand’s retail sector is facing a significant decline hidden by the global fuel spike that is draining household budgets, says Retail NZ Chief...

Peters blasts BusinessNZ for backing India trade deal

NZ First leader Winston Peters has criticised BusinessNZ after it publicly backed the proposed New Zealand–India Free Trade Agreement, accusing the organisation of endorsing...

Middle East war triggering global energy ‘shock’ – IMF

Disruptions to oil and gas supplies will leave lasting “scars” on the world economy, managing director Kristalina Georgieva has said. The war in the Middle...

Not your grandfather’s stagflation

It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up...

The behemoth of global corruption is an extension of ourselves

Hard times. Emerging from an apparently engineered pandemic, now in another war for ephemeral reasons, a resultant economic crisis that is exacerbating unmanageable debt,...

UK facing worst economic shock in decades – IMF

British households are facing renewed pressure on living standards as fuel costs surge, the organization has warned. The UK is facing one of the largest...

The deep economic and strategic motives behind the Iran War

A recent episode of The Corbett Report challenges mainstream explanations surrounding the ongoing Iran conflict, arguing that the publicly stated reasons for the war...

Consumer confidence plunges amid Middle East conflict

March’s ANZ-Roy Morgan Consumer Confidence index fell sharply into negative territory at 91.3 points from last month’s 101.1 points, with any score under 100...

Decisions taken overseas are challenging our Kiwi way of life

Following global giant Kraft Heinz’s decision to close their iconic NZ Watties growing and processing operation, rival company McCain, also a food multinational with...

Fuel price surge triggers $50 weekly support boost for families

The Government has announced a temporary increase to the in-work tax credit, aimed at easing cost-of-living pressures on low-to-middle-income working families as rising global...

Willis warns volatility reinforces fiscal discipline after Fitch outlook shift

Finance Minister Nicola Willis says rising global economic uncertainty has underscored the importance of the Government’s fiscal consolidation programme, following Fitch Ratings’ decision to...

Poll finds rising US anxiety over AI as living costs bite

A new national survey suggests growing numbers of Americans are worried that artificial intelligence is advancing faster than protections for workers, with many linking...

IMF issues national debt warning to U.S.

The nation’s $38 trillion debt presents a growing risk to the global economy, the experts have warned. US national debt will surge to 140% of...

McClay welcomes U.S. tariffs ruling but warns of ‘ongoing uncertainty’

Trade and Investment Minister Todd McClay says a recent U.S. Supreme Court ruling on the so-called “Liberation Day tariffs” could prove significant for New...

Some hard sobering truths are beginning to sink in

For some months now, the NZ government has been claiming that an economic recovery is just around the corner. We are still waiting and...

Willis announces ‘independent review’ of Covid-19 monetary policy

The Government has instigated an independent review of New Zealand’s monetary policy response to the Covid-19 pandemic. Finance Minister Nicola Willis says the purpose of...

Britons working harder for less

Lower-income households across the United Kingdom are facing decades of stagnant living standards as wage growth continues to lag behind rising costs, according to...

U.S. Dollar rout fears surge as traders pile into collapse bets

Global traders are making their strongest bets in more than a decade that the US dollar’s decline is far from over, as political and...

National and Labour bypass ballot to fast-track modern slavery law

National and Labour have joined forces to fast-track modern slavery legislation into Parliament using a new bipartisan process that bypasses the traditional members’ bill...

India deal sparks job-for-cash claims

Serious allegations of migrant exploitation and job-for-cash schemes have emerged amid growing political and soclal backlash against New Zealand’s proposed free trade agreement (FTA)...

EU-US trade deal on hold over Greenland spat

There is no certainty that MEPs will move forward despite Trump revoking his tariffs threat. European Parliament lawmakers have declined to resume ratifying a key...

Luxon’s India FTA: Whistleblower warns of ‘uncapped’ immigration and systemic fraud

Broadcaster Duncan Garner revealed claims from an immigration whistleblower warning the India Free Trade Agreement (FTA) deal will fundamentally weaken New Zealand’s control over...

Indian exports to China surge

India’s exports to China climbed sharply in December, reflecting improving relations between the two Asian powers and growing pressure from restrictive U.S. trade measures. Commerce...

Business closures surge as economic pressures bite

A growing number of businesses have closed or entered liquidation in the first weeks of the year, including EB Games stores, Miniso and Yoyoso...

Latest news

Don't miss