ERIC CRAMPTON: Better border practices our best line of defence

Thu, 13 Aug 2020

Even with the best of practices at the border, eventually something will get through. And something now has – though officials are still trying to figure out whether it came in with a passenger, or through refrigerated transport. But better practices at the border would reduce the risk.If level 3 restrictions in Auckland cost about $1.5 billion in lost GDP per month – over and above the obvious costs everyone bears when schools are disrupted, shopping is difficult and social interaction is restricted – then erring on the side...

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Markets Market Close

NZ stocks retreat from record high, down 0.7%

The S&P/NZX 50 Index dropped 103.60 points, or 0.76%, to 13,467.26.

Jamie Gray 6:11pm

Economy

Finance minister says yes, yes, yes to RBNZ transparency reform

Willis says she doesn't think system is broken, but needs incremental improvements.

Rebecca Howard and Dileepa Fonseka 3:15pm

Finance minister says yes, yes, yes to RBNZ transparency reform

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