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The Latest Breaking News from Brad Olsen

Greens take aim at the ‘cost of greed’ with $32b wealth and big tech tax plan

A reined-in version of the party’s earlier plan looks to raise $32b over four years, mostly by taxing the income and inheritance of New Zealand’s wealthiest

Newsroom.co.nz

New Zealand’s house prices are finally falling. Could this happen elsewhere?

Prices have dropped by up to 30% in some parts of the country – but experts say obstacles to home ownership remain

The Guardian - AU

Dairy Giant New Zealand Endures Butter Price Shock

Butter prices have soared in dairy export giant New Zealand, latest figures showed Thursday, with local supplies cut short as the industry chases fatter profits overseas.

International Business Times

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Butter madness: New Zealanders turn to churning as price of dairy staple soars

Dairy is the country’s largest export industry, but recent figures from Stats NZ show domestic butter prices have surged 65% and people are getting desperate

The Guardian - AU

New Zealand’s young leaving in record numbers as cost of living bites

New Zealanders are seeking opportunity overseas at unprecedented rates amid disillusionment over house prices and jobs.

Al Jazeera

Record number of people leave New Zealand amid cost of living pressures

More than half those who left recently headed to Australia with promises of higher pay and better working conditions

The Guardian - AU

Decoding major parties' economic credentials

There's no real data to suggest the economy is better off under a National or Labour government, writes Andrew Bevin

Newsroom.co.nz

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New Zealand interest rates are still rising — now mortgage stress data reveals how households are coping

New data reveals how New Zealand households that have been under interest rate pressure for more than 18 months are managing to make ends meet.

ABC News

New Zealand the ‘kiwi in the coalmine’ as house prices slump and repayments rise

World is watching as experts warn some borrowers could soon owe more than their house is worth

The Guardian - AU

New Zealand house prices finally fall from dizzying heights

New Zealand house prices have fallen year-on-year for the first time in more than a decade as rising interest rates finally halted a dizzying boom that had only gained momentum after the coronavirus pandemic first hit

The Independent UK

New Zealand inflation hits 7.3%, the highest rate since 1990

Pain for households as consumers price index for June quarter exceeds forecasts and more interest rate rises loom

The Guardian - AU

More people leaving New Zealand than entering as young flee high cost of living

Thousands head overseas, partly because of economic conditions, with departures accelerating and labour shortage feared

The Guardian - AU

Pain at the pump: Why is petrol so expensive?

The price of petrol has skyrocketed to more than $3 a litre across most of the motu - is it going to keep going up?

Newsroom.co.nz

Small businesses told to plan ahead, stay calm as Omicron wreaks havoc on staffing

Aotearoa's small business economy is outperforming other countries on paper, but the next month's results will show the true impact of the Omicron outbreak.

Newsroom.co.nz

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