Despite dark clouds on the horizon, New Zealand’s post-lockdown spending spree is still going strong. Mary Jo Vergara from Kiwi Economics shares insights into what’s driving it – and how long it will last. Covid-19 and the level four lockdown has bought about some dramatic shifts in New Zealanders’ spending and consumption habits, and many … Read more
Good morning and welcome to The Bulletin. In today’s edition: How the budget has been received, Auckland light rail on hold, and more media merger shenanigans. So that’s what it looks like when Grant Robertson decides to open the purse strings. The relatively cautious spending of his previous budgets has been replaced by an absolute … Read more
Good morning and welcome to The Bulletin. In today’s edition: Previewing the budget we’ll get tomorrow, tangihanga rules further clarified, and Peters doesn’t believe Taiwan war of words will harm China relationship. We’re increasingly getting a sense of the sort of budget Grant Robertson will deliver tomorrow. The country is facing an economic downturn which could … Read more
The government is spending $12.1 billion to counter the Covid-19 crisis. Where is the money being targeted? Here are the essentials. What’s all this then? With recession bearing down on the country, and a large numbers of jobs at risk of being lost, the government has ploughed billions of dollars into the economy. The main … Read more
Good morning and welcome to The Bulletin. In today’s edition: Capacity constraints loom large in spending stimulus, pilot speaks out about slow Whakaari recovery efforts, and carbon monoxide levels are high. The fundamentally conservative approach of finance minister Grant Robertson has continued, even as he has moved to loosen the purse strings. The top lines of … Read more
Good morning and welcome to The Bulletin. In today’s edition: Robertson signals big borrowing to boost infrastructure, discarded e-scooters spark concern, and a big week coming for Auckland’s port. The screams of joy from Keynesians echoed out across the land, after a government announcement that the purse strings would be loosened to fund infrastructure. The NZ Herald reports … Read more
In the final week of the local election campaign, Porirua mayor Mike Tana has been embroiled in yet another brouhaha around how he has spent public money. What’s the latest, and what will it mean for the race? The Spinoff local election coverage is entirely funded by The Spinoff Members. For more about becoming a … Read more
Information is power, right? A new money personality quiz built by our partners at Kiwibank could help you tackle your money issues. The Spinoff took it for a spin – here are our results. Do you ever consider your relationship with money? Or that the way you feel about yourself carries through into what sort … Read more