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Friday, November 22, 2024

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Economy

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...

New RBNZ board takes up role from 1 July – Robertson

Members with a range of governance, financial and technical skills have been appointed to the Reserve Bank Board as part of the shift to...

Watch: Happy Birthday Kiwibuild!

The government's Kiwibuild programme is an unmitigated disaster - National MP Chris Bishop wishes it a happy 4th Birthday. https://twitter.com/ZeitgeistPOL/status/1542614940506136576?s=20&t=NDf6-NAZLWcEhkrnhatwMg  

New Zealand secures major free trade deal with European Union

New Zealand and the European Union have concluded negotiations on a major free trade agreement (FTA), which unlocks access to one of the world’s...

By taking on American hegemony and challenging the dollar, BRICS members represent the best hope for a fairer world order

With the potential for a new reserve currency and investment without political strings attached, the group can present an alternative to a world choked...

‘Marsden Point: Dismayed by MBIE’s False Information’

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...

Plasterboard taskforce set up to ease shortages

The Minister for Building and Construction Megan Woods has set up a Ministerial taskforce with key construction, building consent, and supply chain experts to...

Watch: Social Credit Party’s submission to Marsden Point Parliamentary Petition Committee

Sarah Gilbertson makes a submission on behalf of the Social Credit Party to Parliament's Petitions Select Committee outlining the dangers to the New Zealand...

Refinery petition handling labelled ‘corruption of democratic process’ – Social Credit Leader

The 18,300 signature petition calling for the Marsden Point oil refinery to remain operational has been buried by Parliament’s Petitions Committee, says Social Credit...

Ganesh Raj’s The Tasting Shed in Waimauku to close

Celebrity TV chef Ganesh Raj has announced the closure of his popular West Auckland restaurant The Tasting Shed. Located just outside of Waimauku, The Tasting...

Govt acting to increase supermarket competition – Clark

“Food price data shows New Zealanders pay too much for the basics and today’s figures provide more evidence of why we need to change...

New Zealand food and fibre exports on track for a record $52.2 billion

Export revenue from New Zealand’s food and fibre sector is expected to reach a record $52.2 billion in the year to 30 June 2022,...

Labour’s BSHIT Budget

Bank shareholders, speculators, investors, and ticket clippers will be partying for days over the enormous profits they’ll be expecting following Labour’s budget reveal this...

‘The Brain Drain Budget’ – ACT

“Jacinda Ardern and the Labour Government have today presented New Zealand with the Brain Drain Budget. Ambitious New Zealanders, tired of being milked, will...

‘Budget highlights underlying strength of economy in face of global headwinds’ – Robertson

“New Zealand has come through the 1-in-100 year economic shock from COVID-19 better than almost anywhere else. Our economic growth is above average among...

Baltic nation sees wild surge in consumer prices

Estonian prices are soaring amid the Russia-Ukraine conflict and sanctions against Moscow. The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in...

‘Crown accounts reflect strong economy’ – Robertson

The Crown accounts are continuing to reflect the strong position New Zealand is in to manage the challenging global environment, Grant Robertson said. For the...

Record 50,000 homes consented in a year – Poto Williams

The last twelve months have been the busiest on record for new home consents reflecting ongoing support for the biggest Government building programme in...

World on brink of commodities shock – study

Food and energy prices are expected to soar, according to the World Bank. Global energy prices are projected to rise dramatically, culminating in the biggest...

Euro crashes to five-year low

Energy uncertainty weakens the European currency. The euro plummeted to a five-year low against the US dollar during Wednesday’s trading, amid heightened fears of a...

New Regulations Seek to Control the Sovereign World of Plants

Given the plethora of wannabe world rulers among the mega corporations, industrial and military powers, political ideologies, media and social media giants, big pharma,...

Marsden Point: ‘The refinery is not Channel Infrastructure’s or the Government’s to destroy’

Yesterday a 'Don't Destroy the Refinery' public meeting took place in Whangarei with about 250 people in attendance. Five speakers presented arguments for keeping the...

JPMorgan profits crash

Wall Street bank reports losses due to Russia exit over Ukraine conflict. JPMorgan Chase said on Wednesday its first-quarter profit has dropped by 42% from...

OCR hike will add to inflation and hurt less well off

The orthodox attempt by the Reserve Bank to control inflation by lifting the Official Cash Rate by 50 basis points will hurt beneficiaries, superannuitants,...

Disabling Refinery would be pure economic vandalism

Any action to permanently disable the Marsden Point oil refinery in the current circumstances would be one of pure economic vandalism according to Social...

Fuel Tax cuts way too tentative

The reduction in fuel taxes announced by the government this week are welcome but are an incredibly tentative step given the enormous increase in...

Invited guests should boycott Marsden Point refinery celebration – Social Credit Leader

A party for invited guests being held at the Marsden Point Oil Refinery on Friday to celebrate its closure has been slammed as 'hypocritical,...

NZ has run out of money

OPINION: You may not have noticed this week that our deputy PM Grant Robertson (he who refuses to answer emails about the pandemic because it...

The euro is 20, but its days may be numbered

Although the euro initially came into being in 1999 in virtual form, January 1 marks the anniversary of the date when many Europeans first...

Is New Zealand heading for a food supply chain crisis?

Is New Zealand heading for a food supply chain crisis? A man who says he has worked for both Countdown and Foodstuffs says New Zealand...

New Zealand secures historic free trade deal with the United Kingdom

New Zealand and the United Kingdom have agreed in principle the details of a historic Free Trade Agreement (FTA), which will further accelerate our...

Rising consumer prices sees highest inflation rate in 10 years

Rising consumer prices see New Zealand's inflation rate at its highest level since 2011. According to the latest data, consumer prices rose 2.2 percent in...

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