Chipping away at Ardern's legacy

Chipping away at Ardern's legacy
Hipkins seems to have abandoned many of the commitments of his predecessor. (Image: Getty)
Dileepa Fonseka
Chris Hipkins jettisoned so much of his predecessor’s agenda on Wednesday you wondered if he was about to announce the cancellation of his own surname and a plan for a commission to look into a new one beginning with “L”. The merger between RNZ and TVNZ and the biofuels mandate were axed, the social insurance scheme was put off to some undefined date of economic prosperity, hate speech changes were fobbed off to the Law Commission to take another look at them and the Three Waters concept will be refined.And that was only...

More Economy

Westpac adds another rate cut to its forecasts
Economy

Westpac adds another rate cut to its forecasts

Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast tightening cycle.“Downside risks from global growth suggest the RBNZ [Reserve Bank of New Zealand] may continue easing beyond May,” chief economist Kelly Eckhold s...

Rebecca Howard 09 May 2025
Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Gregor Thompson 08 May 2025
Paul Bloxham: NZ's growth to stem worker outflow to Australia
Economy

Paul Bloxham: NZ's growth to stem worker outflow to Australia

HSBC's chief economist says NZ will benefit from Chinese economic pivot.

Capital requirements review doesn't mean they are too high
Economy

Capital requirements review doesn't mean they are too high

The Reserve Bank of NZ is not committed to any one particular outcome. 

Rebecca Howard 07 May 2025