The deflationary engine is driving the world crazy

The deflationary engine is driving the world crazy

The Smartphone has changed everything- and us Auckland, May 11, 2019 The world changed in 2007 when Apple’s Steve Jobs held up the first iPhone. Inflation dived, interest rates collapsed and share prices took off. Newsroom Pro Managing Editor Bernard Hickey said that billions of people are carrying a deflationary engine in their pocket. “The have effectively driven down prices…

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National trains gun on Housing Minister Phil Twyford

Jane Patterson Wellington, May 11, 2019 After another tough week in Parliament, the National Party demanded the resignation of Housing Minister Phil Twyford over KiwiBuild. Mr Twyford was under pressure last week over the Crown underwrite process. He is now facing persistent questions about whether he will stick to the long-held target of building 100,000 KiwiBuild homes in 10 years – a…

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Financial System review will improve banks and insurers

Financial System review will improve banks and insurers

Wellington, May 10, 2019 The New Zealand Financial Integrity System Assessment (FISA) is the first ever review of the integrity framework of any country’s financial system. Transparency International New Zealand (TINZ) will lead the review as it is uniquely placed to ensure both independence and objectivity. The FISA methodology is in its final stage of consultation. The consultation document can…

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Speaker should be an impartial referee, not a game player

Speaker should be an impartial referee, not a game player

Peter Dunne Wellington, May 10, 2019 Parliament’s current Speaker (Trevor Mallard) is turning the ancient and venerable institution on its head. Traditionally, the Speaker’s role has been a rather conservative, sometimes passive, one to preside independently, without fear or favour over proceedings in the House, to ensure that no Member of the House acts in a way that brings Parliament…

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