Inflation winners and breaking things

Inflation winners and breaking things
The house price bubble is bursting as inflation surges. (Image: Getty)
Jenny Ruth
The Reserve Bank of New Zealand has often said recently that nobody benefits from inflation, or words to that effect.For example, governor Adrian Orr told an economic forum at Waikato University earlier this month that “inflation is no one’s friend. Inflation makes people poorer”.Orr had said much the same when he released the latest monetary statement on Feb 22 when he was asked whether there had been a paradigm shift to a more inflationary era: “I’ve seen no research or useful evidence that suggests that inflatio...

More Finance

Grenon seeks to end ‘futile’ NZME board stoush
Finance

Grenon seeks to end ‘futile’ NZME board stoush

It's time for the current board to fold 'em, says coup orchestrator. 

Pattrick Smellie 26 Mar 2025
Wow. It’s all basketball!
Finance

Wow. It’s all basketball!

US investment in basketball is lapping at our shores in more ways than one.

Pattrick Smellie 25 Mar 2025
FMA files criminal charges against David McEwen
Finance

FMA files criminal charges against David McEwen

New Zealand’s financial watchdog has filed criminal charges against former financial adviser David McEwen for allegedly failing to comply with a stop order, which prevented him from contacting potential investors.The Financial Markets Authority (FMA) had made a permanent stop ord...

Staff reporters 18 Mar 2025
FNZ employee shareholders revolt over latest capital raise
Finance Exclusive

FNZ employee shareholders revolt over latest capital raise

Long-standing employees believe new raise halves their holdings.

Victoria Young 14 Mar 2025