Fear of missing out on a home turns to FOOP – fear of over paying

Above: CoreLogic Average Value according to House Price Index CoreLogic’s House Price Index (HPI), which is…

Global economy continues to impact NZ as interest rates rise and supply chains falter

Rising commodity prices and supply disruptions have driven global inflation above central banks’ target ranges, prompting…

Covid tests stifling travel and tourism sector

NZ Airports, representing the nation’s airports sector, has repeated the call by Air New Zealand’s CEO…

Battle to save Marsden Point refinery continues

Campaigners battling to stop the oil refinery at Marsden Point from being shut down hope to…

First signs of financial meltdown apparent

It looks like America is about to be treated to some shocks. The first shock will…

Inflation hits 7% – Grant Robertson puts on rose-tinted glasses

The Consumer Price Index released by Stats NZ today shows a 1.8 percent increase in prices…

Inflation at a 30-year high – and it’s all Putin’s fault says government

An elaborate but ultimately irrelevant game of pass the parcel is being played out about who…

Inflation pushing NZ economy to bursting point

The latest forecasts published by Infometrics show that the New Zealand economy has become stretched to…

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…

OCR at highest level since 2019 – mortgage rates will rise, impacting property values

There was never any doubt that the official cash rate (OCR) would be increased today. The…

Official cash rate raised

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 1.50 percent – up…

Supermarkets screwing consumers left, right and centre

Latest annual food price figures released today confirm the need to rein in the super profits…

The lost generation – how young Kiwis are bearing the brunt of rising inflation

The latest Financial Services Council’s (FSC) research report, ‘Money and You – The Lost Generation?’ shines a…

More emergency oil stock released by government

New Zealand will voluntarily release more of its emergency oil stocks as part of additional action…

Bank of mum & dad supporting adult children

From buying a home to help with the groceries, the “Bank of Mum and Dad” is…

Vegetable prices set to soar

Horticulture New Zealand says vegetable prices will continue to increase if the Government does not support…

Bank shareholders will be popping the champagne corks

Banks currently have $40 billion in reserves sitting in their accounts at the Reserve Bank on…

Inflation is at a 31-year high – all eyes are on the RBNZ’s next rate decision

Annual consumer inflation surged to 5.9 per cent in the December quarter 2021, which is the…

New Zealand is in the poor house – Robertson’s blown $64 billion on covid

By Guy Hatchard, The Hatchard Report You may not have noticed this week that our deputy…

Consumer credit demand drops by more than 30%

A drop off in demand for home loans during the December 2021 quarter was predominantly fuelled…

Campaign to change monetary system receives ‘underwhelming response’ from Treasury

By Don Richards, Positive Money NZ We received a response from the Petitions Committee in relation…

Reserve bank seeks feedback on deposit takers bill

The new Deposit Takers Act will create a single regulatory regime for all bank and non-bank…

Award-winning cafe closes – owner refuses to tell staff to get vaxxed

The owner of a popular Central Otago cafe has closed the doors rather than decide who…

Requirement to accept cash proposed by Reserve Bank

The Reserve Bank of New Zealand s seeking feedback on issues facing the cash system and…

Locked borders will kill hospitality businesses

Press release Delaying the opening of New Zealand’s border to foreign nationals till April 30 will…

Auckland retailers on ‘brink of disaster’ under level 3 lockdown

The spread of Level 3 lockdowns is devastating news for Northland and Waikato retailers, and is…

Banks’ obscene rush to raise interest rates on created money

By Chris Leitch, Social Credit The obscene rush by the ASB and Kiwibank to increase mortgage…

Campaign launched to save 600 Marsden Point jobs

By Chris Leitch, Social Credit Party Marsden Point’s refinery web site has this to say: “We…

Small businesses bear brunt of government lockdown

Press release: Small Kiwi businesses are set to bear the brunt of the lockdown extension and…