Tributes flow in following shock Ardern resignation

Tributes flow in following shock Ardern resignation
Prime minister Ardern says she no longer has the necessary gas in the tank. (Image: Getty)
Prime minister Jacinda Ardern’s resignation took the country by surprise. “It was a bit of a shock, one out of the blue,” said Federated Farmers' president, Andrew Hoggard. Ardern announced she will resign as prime minister no later than Feb 7 and step down as leader of the Labour party. “Like John Key, she decided to go out on top and if the gas tank is empty, the gas tank is empty”.In December 2016, then National party prime minister, John Key, announced he was quitting well ahead of the 2017 electi...

More Economy

Weak red meat prices drop ANZCO Foods' profit nearly 60%
Economy

Weak red meat prices drop ANZCO Foods' profit nearly 60%

But, unlike other major processors, it still managed to turn a profit.

Riley Kennedy 07 May 2024
ANZ increases cash profit as net interest margins get squeezed
Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 07 May 2024
Beyond the headlines: Jobs data points to a divided NZ
Economy

Cameron Bagrie: Beyond the headlines: Jobs data points to a divided NZ

Greatest challenge is the pressure jump in joblessness puts on society and economy.

Cameron Bagrie 07 May 2024