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Economy

Reserve Bank “played with fire”

The Government is under siege from Opposition parties and the Greens over the Reserve Bank. The parties want an independent inquiry into the Bank’s actions,...

Did Orr get it wrong?

The publication yesterday of a review of monetary policy here and overseas has led to a rare response from Reserve Bank Governor Adrian Orr...

Paying the price to curb climate change

Climate Change Minister James Shaw yesterday moved to tighten up the so-called “free” allocations of Emissions Trading Scheme units to highly polluting industries. In the...

Why the Government needs Three Waters

The Government has finally changed its pitch on There Waters and begun to focus on the economics of the proposals. Up until now, the Prime...

Willis begins to redefine National

With new inflation figures due today, the Government moved yesterday to ease both the cost of living and some of its own probable political...

Only tourists coming back will avoid recession

The reality of the battle against inflation became evident yesterday as banks began to raise mortgage interest rates. Those raises – rates are near double...

The big migration has begun; NZers leave for Australia

More New Zealanders are now leaving for Australia. That is now official, with new statistics yesterday from the Australian Bureau of Statistics showing that...

Dairy industry chief slams EU Free Trade Agreement

The New Zealand dairy industry early this morning slammed the new free trade deal with the European Union, saying it fell well short of...

Auditor General says no-one knows how many billions Auckland rail link will eventually cost

Six and a half years ago, the then National Government agreed with the Auckland Council to fund Auckland's Central Rail Link, which they expected...

The lone tax crusader

It’s an open secret among those close to Labour that Revenue Minister David Parker would prefer the Government focussed on old-time Labour values like...

The survey that could spell doom for the Government

A key opinion measure announced yesterday suggests the Government is in danger of heading for defeat at next year’s General Election. A fall in Westpac’s...

Reality check; why China matters

Nothing has changed in over 100 years. The economy still depends on farming. And farming depends now not on Britain but on China. The annual...

Discrediting the Commerce Commission’s supermarket competition report

That the  Minister of Commerce and Consumer Affairs, David Clark, yesterday chose his words carefully when he commented on the attempts to bring more...

Re-election just got harder for Ardern

The Reserve Bank yesterday redefined election year.  The Bank raised the Official Cash Rate to two per cent but is forecasting more rises to peak...

“Prudent” but was it political enough?

Finance Minister Grant Robertson loves cricket; his Budget yesterday was that of an opening batsman. It was defensive, clearly intended to cut off National's initiatives...