Opinion

How to respond to the recession ahead for NZ

Cameron Bagrie
Fri, 24 Jun 2022

How to respond to the recession ahead for NZ
Cash is king in a recession. (Image: Depositphotos)
Cameron Bagrie
Fri, 24 Jun 2022
A recession looks to be around the corner. There will be some positives from it, as well as destruction.  The former is not talked about. With inflation pressures strong, potentially persistent, and inflation expectations at risk of climbing higher, a hard landing for the global and New Zealand economy looks hard to escape. It is a poisoned chalice environment. Inflation is households’ biggest concern. The economic price to contain it will not be cheap.Expectations for interest rates continue to climb, and the latest U...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Energy
More work on Onslow gets green light from ministers
Ian Llewellyn | Thu, 07 Jul 2022

Cabinet gives green light to more Onslow pumped hydro project, narrows down alternative options on solving the dry year problem.

Finance
Homebuyers: the bank is still watching your spending
Frances Cook | Thu, 07 Jul 2022

The sillier parts of the CCCFA are gone, but banks still need to make sure you can afford a loan, so they’re going to go through your income and expenses. 

Law & Regulation
Lego, Zuru to head to trial over use of trademark
Ben Moore | Thu, 07 Jul 2022

The two toy titans have clashed over Zuru’s use of the Lego trademark on statements of compatibility on its packaging.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges