Here comes the squeeze

Here comes the squeeze
Inflation disproportionately has a bigger impact on households with lower incomes. (Image: Getty)
David Mann
As New Zealanders trickle back to the office – some still wringing out their wardrobes following a particularly sodden summer break – let's reflect on the year that was and the year ahead.While this summer has seen NZers dealing with tropical cyclones, last summer presented its own challenges as omicron put a dampener on festivities and business activities in the first quarter of 2022. It was against that backdrop and after record house prices peaking in November 2021 that consumer spending roared along as covid-19 restrict...

More Economy

Budget 2024 may ruffle the RBNZ's feathers
Economy

Budget 2024 may ruffle the RBNZ's feathers

Economists say the Treasury is being too optimistic. 

Business asks: does the Budget match NZ's needs?
Economy

Business asks: does the Budget match NZ's needs?

'Hope of better times ahead' as the government does what it said it would.

What ‘responsible tax relief’ looks like
Economy

What ‘responsible tax relief’ looks like

'This relief is well overdue,' finance minister Nicola Willis said.

Gregor Thompson 30 May 2024
Budget 2024 delivers says finance minister Willis
Economy

Budget 2024 delivers says finance minister Willis

The government expects a surplus in the year to June 30, 2028.

Rebecca Howard 30 May 2024