CHARLES FINNY: Disagreeing with China is vital - and OK

Charles Finny
Sat, 01 Aug 2020

Charles Finny
Sat, 01 Aug 2020
The New Zealand government’s decision to join Australia, Canada, and the UK in suspending the extradition treaty with Hong Kong because of the passage of the extension of China’s new security law to Hong Kong has drawn an immediate criticism from the Chinese government.  Many are expecting China to retaliate by suspending extraditions to New Zealand from Hong Kong. But will China see this as such an unfriendly act that retaliation might extend into the trade relationship?Consistent approachI would be surprised if this does lead...
Markets
MARKET CLOSE: Reserve Bank measures limit virus-driven stock slide
Dan Brunskill | Wed, 12 Aug 2020

Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

PETER GRIFFIN: Tracing tech still running to catch up
Peter Griffin | Wed, 12 Aug 2020

We should have gone back into our state of covid-19 lockdown with an effective digital contact tracing technology in place.

Economy
UPDATE: RBNZ revs up the printing press, doesn't rule out negative rates
Rebecca Howard | Wed, 12 Aug 2020

(Updates to add comment from RBNZ governor and assistant governor)  The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme t...

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