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Credit Madness Inquiry Must Be Open And Transparent

Press Release – ACT New Zealand

Reports that Commerce Minister David Clark has asked the Council of Financial Regulators to inquire into December’s changes to the Credit Contracts and Consumer Finance Act is welcome news, but the inquiry must be real, says ACT Leader David … Read more »

Equifax NZ Quarterly Consumer Credit Demand Index: December 2021

Press Release – Equifax

AUCKLAND 13 January 2022 A drop off in demand for home loans during the December 2021 quarter was predominantly fuelled by lockdowns, according to Equifax New Zealand Managing Director, Angus Luffman. The latest data from Equifax New Zealand … Read more »

International Education Revenue Loss For 2021 Expected To Reach $480 Million

Press Release – ACT New Zealand

The ACT Party can reveal that the loss to the international education sector for 2021 is expected to reach $480 million, says ACTs Immigration spokesperson James McDowall. In 2018 International Education was our fourth largest export … Read more »

Report Trumpets Scope For Ice Cream Exports

Press Release – New Zealand Government

Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food. Economic Development Minister Stuart Nash has released a new report … Read more »

2022 Is Here; What To Expect From The New Zealand Economy?

Press Release – Kalkine

Summary The relatively better-adjusted economy might bring some relief in 2022, even as the new Omicron variant continues to spread in New Zealand. The RBNZs hawkish policies do not resonate with the central bank policies across other advanced … Read more »

More Whānau Facing Mental Health, Housing And Other COVID-19 Related Financial Challenges – Financial Mentors Report

Press Release – FinCap

Financial mentors committed to their communities across Aotearoa are coping with the increased strain created by COVID-19 – but only just. FinCap is calling for ongoing, sustainable funding for all financial mentors vital work as new data reveals theyre … Read more »

Road Tax On Marine Fuel Should Be Scrapped

Press Release – ACT New Zealand

The ACT Party is calling on the Government to scrap road taxes on marine fuel, says ACTs Transport spokesperson Simon Court. Kiwi boaties are currently paying $1.28 cents per litre in taxes, most of that revenue goes into the National Land … Read more »

GST Loss For Tourism $1.5 Billion

Press Release – ACT New Zealand

New Zealand has taken a massive hit from our closed borders, with a loss of $1.5 billion in GST, says ACTs Tourism spokesperson James McDowall. While the loss of GST only tells part of the sad story of tourism and hospitality in 2021, … Read more »

What Rising Inflation Means For The New Zealand Economy?

Press Release – Kalkine

Summary Inflationary pressures continue to remain high in New Zealand despite an interest rate hike by the RBNZ. Inflation may not always be detrimental to the economy as it stirs economic growth by generating higher revenues for domestic businesses. … Read more »

What Rising Inflation Means For The New Zealand Economy?

Press Release – Kalkine

Summary Inflationary pressures continue to remain high in New Zealand despite an interest rate hike by the RBNZ. Inflation may not always be detrimental to the economy as it stirs economic growth by generating higher revenues for domestic businesses. … Read more »

Birkenhead Bike Bridge Cost Up To $150m

Press Release – ACT New Zealand

Documents dumped on Christmas Eve, show the Government will now spend up $150 million to get a bus or ferry instead of a bike bridge, three times the original cost, says ACTs Transport spokesperson Simon Court. Previously, the business … Read more »

Misguided Market Studies A Waste Of Time

Press Release – ACT New Zealand

The Governments New Years resolution should be to give up on its misguided policy of announcing market studies. They cost millions to find things we already knew, says ACTs Associate Finance spokesperson Damien Smith. Labour loves … Read more »

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