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Breaking Down the Budget

Climate – Breaking Down the Budget

Ben O'Connell June 5, 2024 No Comments
Just like our planet, things have heated up regarding environmental issues and the 2024 Budget, which the coalition National-led Government recently released.     Climate Change Minister Simon Watts says responsible and…
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Breaking Down the Budget

Tax Cuts – Breaking Down the Budget

Ben O'Connell June 4, 2024 No Comments
The 2024 Budget is consistent with National’s promise to deliver tax cuts, boost education, and save funds where able. But Labour says it’s a Budget of broken promises and backdowns.…
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Breaking Down The Budget

Māori Rights – Breaking Down the Budget

Ben O'Connell June 4, 2024 No Comments
Underpinning the Budget announcement were nationwide protests against the coalition Government’s policies that are considered to be eroding Indigenous rights. A crowd of protesters marched through Wellington towards Parliament, and…
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Maori

One in Five Kiwis Identify as Maori

Ben O'Connell May 30, 2024 No Comments
New Census data revealed that the Maori descent population is growing at double the rate of the New Zealand population, with one in five Kiwis identifying as Maori. The first…
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Withdrawals Reveal

What KiwiSaver Hardship Withdrawals Reveal

Ben O'Connell May 23, 2024 No Comments
Inland Revenue data shows that 3700 people withdrew from their KiwiSaver for financial hardship in April this year, compared to 1820 people in April 2023. They withdrew a combined $30.1…
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Shrinkflation

Shrinkflation in New Zealand

Ben O'Connell May 16, 2024 No Comments
How dare companies charge us more for less!? The tactic, known as shrinkflation, allows companies to charge more without changing the product’s price. Instead, they decrease the size of the…
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Westpacs Dire Economic Outlook

Westpac’s Dire Economic Outlook

Ben O'Connell May 15, 2024 No Comments
Westpac has forecast a tough grind this winter with inflation and unemployment growing, impacting households and businesses alike. Westpac Chief Economist Kelly Eckhold commented, “Households and businesses will feel uncomfortable…
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Official Cash Rate Unchanged

Official Cash Rate Unchanged

Ben O'Connell April 11, 2024 No Comments
The Monetary Policy Committee has agreed to leave the Official Cash Rate (OCR) at 5.50 per cent. The New Zealand economy continues to evolve as anticipated by the Monetary Policy…
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Regulating Online Gambling

Regulating Online Gambling

Ben O'Connell March 21, 2024 No Comments
Westpac NZ has introduced an account block to support customers who are struggling with online gambling issues. From 26 June to 25 September 2023, Westpac customers spent $136.8 million with…
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