So asks the Wall Street Journal, in an uncharacteristically gloomy article for the bull market’s paper of record.
They kick off with the problem: America...
The most powerful companies in the world have united against free speech, and they’ve deployed your tax dollars to fund their mission.
Last week, the...
New Zealand's services sector has experienced a significant downturn, with the BNZ-Business New Zealand Performance of Services Index (PSI) plummeting to a record low...
New Zealand apparently experienced 'a significant surge in household wealth' during 2021, creating a 'generational divide' that economists believe may never be seen again.
Stats...
The International Monetary Fund (IMF) has criticized Washington for the persistent “misalignment” of its fiscal policy.
US budget deficits and soaring debt present a “growing...
Many New Zealanders, especially those on parental leave, are facing unexpected tax bills amounting to thousands of dollars due to automated income tax assessments...
New Zealand’s gross domestic product (GDP) rose 0.2 percent in the March 2024 quarter, following a 0.1 percent decrease in the December 2023 quarter,...
Significant business deals have been closed during the visit of Prime Minister Christopher Luxon to Japan this week, including in the areas of space,...
The National Infrastructure Pipeline, which provides a national view of current or planned infrastructure projects, from roads, to water infrastructure, to schools, and more,...
Buy-now-pay-later provider Laybuy has announced the appointment of receivers, marking the end of its long battle to achieve profitability.
Founder Gary Rohloff told state media...
Trade Minister Todd McClay and Climate Change Minister Simon Watts travel to Singapore on Monday to sign three Indo Pacific Economic Framework (IPEF) agreements.
IPEF’s...
New Zealand’s Central bank, the Reserve Bank of New Zealand (RBNZ) have opened a consultation on central bank digital currencies (CBDCs).
The consultation closes July...
Nicola Willis's inaugural budget has been criticised by the Taxpayers’ Union, which has labelled it “The Mother of All Disappointments,” accusing it of failing...
Full text of Finance Minister Nicola Willis' speech to the House of Representatives on Budget Day 2024.
Mr Speaker,
I move that the Appropriation (2024/25 Estimates)...
Prime Minister Christopher Luxon says Budget 2024 delivers on the Government’s promises, with savings across the public sector being reinvested in frontline services and...
Associate Finance Minister David Seymour says this Budget makes a good start in reducing low value government spending, and there is more efficiency to...
The real estate industry is facing tough times, with increased workload and reduced sales leading to a decline in the number of active salespeople.
According...
NZ's retail sector is undergoing significant changes as Smith & Caughey's, a 144-year-old retail icon, announced plans to shut down, impacting around 250 jobs...
Finance Minister Nicola Willis has welcomed the passage of legislation giving the New Zealand Superannuation Fund a wider range of investment opportunities.
The New Zealand...
The iconic Auckland department store with a 144-year history, has announced closure plans for both its physical and online outlets, expected by early next...
Prepare for total control of your economic life.
That is the message from Brownstone Fellow Aaron Day at his 4-hour workshop in San Jose, California...
A recent report reveals a staggering 40% increase in the number of families seeking help from financial mentors, highlighting the worsening debt crisis in...
Washington is doing nothing about its deteriorating finances because there is nothing it can do without risking major upheaval.
It can appear puzzling why at...
Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards...
Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.
“The coalition...
Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade...
Immediate changes to the Accredited Employer Worker Visa (AEWV) scheme will ensure New Zealand is attracting the skills it needs, and reducing the vulnerability...
An opinion piece by Amy Brooke in the Spectator Australia today accused Jacinda Ardern's government of turning 'Godzone' into a Second World country.
Economic mismanagement,...
An electric vehicle advocacy group predicts that electric car drivers will not rush to start paying increased taxes, as new road-user charges come into...
Leading breakfast food maker Sanitarium has announced a major shift in its product lineup, proposing to eliminate the production of muesli, granola, flake, clusters,...
The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis.
“The Taxation (Annual Rates for 2023–24,...
A coalition of influential Auckland figures, including Sir Stephen Tindall, Lady Pippa Blake, Sir Ralph Norris, and MP Chlöe Swarbrick, has formally objected to...
Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola...