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Economy

UK consumer confidence hits record low – study

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Chris Leitch -

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

Daily Telegraph NZ -

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’

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Chris Leitch -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

“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

Daily Telegraph NZ -

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

Chris Leitch -

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

Daily Telegraph NZ -

“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

Daily Telegraph NZ -

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’

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Chris Leitch -

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

Daily Telegraph NZ -

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!

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Bradley Blankenship -

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

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