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Economy

Jet Fuel Crisis Predicted – Social Credit

The current crisis likely to lead to severe jet fuel rationing in the lead up to Christmas completely vindicates Social Credit's campaign to get...

Globalisation is ‘almost dead’ – tech guru

Close cross-border cooperation is not likely to come back, according to Morris Chang. Geopolitics have drastically changed the situation facing semiconductor makers, who have been...

Parent groups revolt over French power outage plan

Schools should not suffer from efforts to sustain the grid over the winter, they say. Closing schools to combat the energy crisis in France is...

The energy crisis is a major threat to the world. Is there a way out?

How anti-Russian sanctions, a planned transition to greener fuels, and the West’s short-sighted financial policies reaped a whirlwind. The West is currently in the midst...

World shifting from West to East – BRICS forum president

The trade bloc offers a new model of growth entailing equal rights and opportunities for members, Purnima Anand says. The role of BRICS on the...

Dairy continues to lead export growth, farm sales still weak – Fed Farmers

October saw another solid increase in exports, driven by dairy products, but their growth continued to be dwarfed by yet another petroleum fuelled surge...

Guy Hatchard: A nation of sheep will beget a government of wolves

I owe the title of today’s writing to Edward R. Morrow, a revered American journalist who reported the issues of the common folk and...

Bryce Edwards: Will the Govt act on mega bank profits and reform the banking sector?

The corporate retail banks are making mega profits on the back of Government policies and indirect subsidies of recent years. As a result, there are...

It is time for Kiwis to peacefully stand up and for the current members of parliament to peacefully stand down

“You may be 38 years old, as I happen to be. And one day, some great opportunity stands before you and calls you to...

Insulation trumps building structure

Want to voice an opinion? Send us a ‘Letter to the Editor’ by email to editor@dailytelegraph.co.nz, including your name, or initials, or ‘Anonymous’, and...

Score card for Adrian Orr

It's getting round to that time of the year when teachers are starting to consider what they're going to write on pupils end of...

Adrian Orr reappointed as Reserve Bank Governor

“Following the Reserve Bank Board’s unanimous recommendation to me, I am pleased to reappoint Adrian for another five-year term, effective from 27 March 2023,”...

Govt takes next step in CPTPP dairy export dispute with Canada

The government has today requested the establishment of a panel to hear its dispute against Canada regarding the administration of dairy tariff rate quotas...

‘Mortgage mayhem on the way’ – National

The Reserve Bank today has confirmed that extensive pain is on the way for Kiwi mortgage holders, National’s Finance spokesperson Nicola Willis says. The Financial...

ECB set for further rate hikes – Lagarde

Inflation is too high across the euro area and risks spreading throughout the economy, the head of the regulator says. The European Central Bank (ECB)...

NZ Outdoors & Freedoms Party ‘appalled’ by NZTA’s ‘destruction’ on Mt. Messenger

The New Zealand Outdoors and Freedom Party is appalled that Waka Kotahi ( NZTA) and its contractors have started destroying trees, habitat and nests...

‘Inflation Shocker’ – Fed Farmers

Annual inflation in the September 2022 quarter was 7.2%, much higher than all expectations and heaping pressure on the Reserve Bank to stamp harder...

Social Credit: Reserve Bank picks taxpayer’s pockets to boost commercial bank profits

The Reserve Bank is digging deeper into taxpayers pockets to increase the profits of investors and commercial bank shareholders with today's lifting of the...

Watch: Warning of a banking system ‘Black Swan Event’

Australian financial commentator Michael Cowan discusses the possiblility of a banking system 'Black Swan Event' following confirmation of a planned simulation arranged by some...

UK consumer confidence hits record low – study

Sentiment dropped more than expected this month, according to researcher GfK. UK consumer confidence has fallen to its lowest since records began in 1974 amid...

UK pubs and brewers risk closure – Financial Times

Soaring energy prices and lack of carbon dioxide reportedly threaten beer production. UK brewers are facing tenfold price increases for the CO2 they use to...

Russia and India to start trade in rupees

A new payment mechanism has been given the green light to boost Indian exports. India will soon launch trade in rupees with Russia, the head...

Global recession coming – FedEx CEO

The shipping giant’s stock suffered a hit after its chief made a grim prediction. The global economy is headed for a recession, FedEx CEO Raj...

Government should pay for Marlborough road rebuilds

Social Credit is calling on the government to come up with the money to fix the Marlborough roads seriously damaged by the recent devastating...

Catastrophic market collapse coming – Robert Kiyosaki

The finance guru has issued a dire warning about the impending crash of the dollar and the US economy. Famed writer and economist Robert Kiyosaki...

Government launches ‘Green Bonds’

New Zealand’s Sovereign Green Bond Programme has been launched providing the opportunity to invest in projects that contribute to climate and environmental objectives. “Green Bonds...

US Stocks Collapse After High Inflation Report, Dow Loses 1,276 Points in Worst Day Since June 2020

The New York Stock Exchange (NYSE) suffered one of its worst losses in recent memory after investors reacted to a Tuesday report showing inflation...

Minister should release fuel storage capacity report immediately

The admission by Energy Minister, Megan Woods, that within days of the country's only oil refinery being about to shut down, she had no...

GST proposal for KiwiSaver fees will not go ahead – Parker

The Government will not proceed with a proposal to standardise the application of GST to fees and services of managed fund providers. Inland Revenue and...

Imports again outgrow exports

July saw big increases for dairy and meat exports but their growth was overshadowed by yet another petroleum fuelled surge in imports, according to...

Stopping rising checkout prices – reduce farmer regulatory costs say ACT

“If the Government wanted to try and lower prices at the checkout, it should reduce the regulatory burden that is rising production costs on...

‘New regulatory measures will deliver a more competitive wholesale grocery market’, says David Clark

An unprecedented shake-up of the grocery sector will see the supermarket duopoly forced to sell groceries to their competitors at set prices and terms...

Full Government Ownership of Kiwibank welcomed – Social Credit

The move by Finance Minister Grant Robertson to take full government control of Kiwibank is fantastic news – for the bank’s customers and the...

‘An exhorbitant sum’: Reserve Bank spends $6 million on new web site

“The Reserve Bank of New Zealand (RBNZ) has strayed so far from its purpose that it’s now spending millions of taxpayers’ dollars on a...

Worst-performing G7 economy revealed

Second-quarter GDP shrank by more in the US than in the UK, Germany, France, Italy, Canada and Japan, data shows. The US was the worst-performing...

Cost of living payment debacle: Payments made to dead people, Labour has ‘complete disregard for taxpayers money’

The Government has today confirmed that its cost of living payment was so poorly designed it went to individuals who have died, National’s Finance...

‘Low unemployment hiding benefit dependency’, says National

New Zealand’s low unemployment rate is masking the explosion in benefit dependency overseen by Labour, National’s Social Development & Employment Spokesperson Louise Upston says. “Under...

Foresight Economics correctly predicted NZ’s loss of price stability

In response to criticism of the Reserve Bank’s performance over the past four years, the Prime Minister and the Minister of Finance have accused...

Annual inflation at 7.3 percent, 32-year high

The consumers price index increased 7.3 percent in the June 2022 quarter compared with the June 2021 quarter, Stats NZ said today. The 7.3 percent...

OCR hike will add millions to bank profits

Reserve Bank Governor Adrian Orr should start focusing on the needs of New Zealanders instead of how he can deliver more profits into the...

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