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New Zealand central bank completes bond purchases to make Reuters rate hike possible

New Zealand central bank completes bond purchases to make Reuters rate hike possible
wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.

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Opinion: Beware of personal debt - it may come back to haunt you

Opinion: Beware of personal debt - it may come back to haunt you
27 Apr, 2021 10:00 PM
3 minutes to read
Our current household debt stands at 95 per cent of GDP, writes Tim Wilson. Photo / Getty Images
Our current household debt stands at 95 per cent of GDP, writes Tim Wilson. Photo / Getty Images
Bay of Plenty Times
One of the biggest financial impacts of Covid-19 has been debt.
Last year alone added US$24 trillion to the global debt abyss, as calculated by the Washington-headquartered Institute of International Finance.
The world debt
to GDP ratio surged by 35 percentage points during the year of Covid to 355 per cent. ....

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Editorial: Should we be worried about rising prices?

Editorial: Should we be worried about rising prices?
15 Apr, 2021 05:00 PM
3 minutes to read
Grocery bills haven t risen yet, despite warnings. Photo / Richard Robinson, File
NZ Herald
EDITORIAL:
New Zealand is being told to brace itself for a year of price hikes as retailers and manufacturers pass on rising costs caused by pandemic supply disruptions.
Should we be worried that
we re about to be hit in the pocket?
Regular readers of economic commentary will take the forecasts of rising inflation with a grain of salt. We ve had more than a decade of false expectations since the world first emerged from the global financial crisis. ....

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Topic | RBNZ | WAtoday

Topic | RBNZ | WAtoday
watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.

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Community Scoop » New Zealand Reserve Bank Reports $69 Billion Of Assets In Māori Economy

Article – Socialist Equality Group
By John Braddock, Socialist Equality Group 10 March 2021, original url: https://www.wsws.org/en/articles/2021/03/10/maor-m10.html A report released by the New Zealand Reserve Bank in January revealed that Mori businesses and non-profit organisations owned almost $NZ69 billion ($US50.2 billion) …
By John Braddock, Socialist Equality Group
A report released by the New Zealand Reserve Bank in January revealed that Māori businesses and non-profit organisations owned almost $NZ69 billion ($US50.2 billion) in assets as of 2018. The report, produced by economic consultancy BERL, said most of the assets of the “Māori economy” were in the private sector. ....

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