Archive

Economics

CoveragePost

‘Reckless’ kina devaluation spells disaster for PNG, says Nomane

May 8, 2024

PNG Post-Courier Papua New Guinea’s deputy opposition leader James Nomane has accused the government of “reckless economic management” that has forced devaluation to manage loan repayments in foreign currency and placate the International Monetary Fund (IMF). Prime Minister James Marape “must stop lying to the people of Papua New Guinea”, he said in a statement ... <a title="‘Reckless’ kina devaluation spells disaster for PNG, says Nomane" class="read-more" href="https://eveningreport.nz/2024/05/08/reckless-kina-devaluation-spells-disaster-for-png-says-nomane/" aria-label="Read more about ‘Reckless’ kina devaluation spells disaster for PNG, says Nomane">Read more</a>

CoveragePost

Solomon Islands political chess begins with Manasseh Sogavare re-elected in East Choiseul

April 20, 2024

By Koroi Hawkins, RNZ Pacific editor in Honiara Solomon Islands’ incumbent prime minister Manasseh Sogavare has been re-elected in the East Choiseul constituency. It is the opening move in the political chess match to form the country’s next government. Returning officer Christopher Makoni made the declaration late last night after a day of counting, according ... <a title="Solomon Islands political chess begins with Manasseh Sogavare re-elected in East Choiseul" class="read-more" href="https://eveningreport.nz/2024/04/20/solomon-islands-political-chess-begins-with-manasseh-sogavare-re-elected-in-east-choiseul/" aria-label="Read more about Solomon Islands political chess begins with Manasseh Sogavare re-elected in East Choiseul">Read more</a>

CoveragePost

French ‘nickel pact’ to bail out New Caledonia’s industry delayed

April 1, 2024

By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk The signing of a “nickel pact” to salvage New Caledonia’s embattled industry has not been signed by the end of March, as initially announced by French Economy Minister Bruno Le Maire. Le Maire had hinted at the date of March 25 last week, but New Caledonia’s ... <a title="French ‘nickel pact’ to bail out New Caledonia’s industry delayed" class="read-more" href="https://eveningreport.nz/2024/04/01/french-nickel-pact-to-bail-out-new-caledonias-industry-delayed/" aria-label="Read more about French ‘nickel pact’ to bail out New Caledonia’s industry delayed">Read more</a>

CoveragePost

Keith Rankin Opinion – Tax Cuts?

March 25, 2024

Opinion by Keith Rankin. Do we need real income-tax cuts this year? Probably not. Do we need nominal income-tax cuts? Yes, we do. The government should go ahead with its proposed tax cuts, but only to low and middle income earners. The tax cuts should compensate for the inflationary component of the cost of living ... <a title="Keith Rankin Opinion – Tax Cuts?" class="read-more" href="https://eveningreport.nz/2024/03/25/keith-rankin-opinion-tax-cuts/" aria-label="Read more about Keith Rankin Opinion – Tax Cuts?">Read more</a>

CoveragePost

Keith Rankin Analysis – Economic Performance: New Zealand versus Japan

March 21, 2024

Analysis by Keith Rankin. In this article, I will simply present the numbers for the key performance indicators (taken from tradingeconomics.com). And then I’ll give an update on GDP (gross domestic product) data, given today’s data release from Statistics New Zealand, and with the definition of ‘recession’ in mind. An important part of the context ... <a title="Keith Rankin Analysis – Economic Performance: New Zealand versus Japan" class="read-more" href="https://eveningreport.nz/2024/03/21/keith-rankin-analysis-economic-performance-new-zealand-versus-japan/" aria-label="Read more about Keith Rankin Analysis – Economic Performance: New Zealand versus Japan">Read more</a>

CoveragePost

Keith Rankin Analysis – New Zealand in Recession

March 20, 2024

Analysis by Keith Rankin. Recessions in the last Ten Years: New Zealand and Japan Tomorrow we will see the latest Gross Domestic Product (GDP) data for New Zealand. It’s worth looking today, however, at what the situation is before that data release (with its revisions as well as new data). And in context by comparing ... <a title="Keith Rankin Analysis – New Zealand in Recession" class="read-more" href="https://eveningreport.nz/2024/03/20/keith-rankin-analysis-new-zealand-in-recession/" aria-label="Read more about Keith Rankin Analysis – New Zealand in Recession">Read more</a>

CoveragePost

Warning signs have been flashing, PNG police housing needs ignored

March 13, 2024

By Scott Waide in Lae, Papua New Guinea Ten days into 2024, Port Moresby descended into chaos as opportunists looted and burned shops in Waigani, Gerehu and other suburbs. That morning, police, military and correctional service personnel gathered at the Unagi Oval in protest over deductions made to their pays that fortnight. Unsatisfied with the ... <a title="Warning signs have been flashing, PNG police housing needs ignored" class="read-more" href="https://eveningreport.nz/2024/03/13/warning-signs-have-been-flashing-png-police-housing-needs-ignored/" aria-label="Read more about Warning signs have been flashing, PNG police housing needs ignored">Read more</a>

CoveragePost

Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government

March 7, 2024

Analysis by Keith Rankin. In Question Time in Parliament, yesterday, Finance Minister Nicola Willis was asked a question about the extent of the cost of government debt-servicing. The answer, in short, was ‘a lot’; and she mentioned that the cost had been assessed on an interest-only basis. The ensuing round of supplementary questions never got ... <a title="Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government" class="read-more" href="https://eveningreport.nz/2024/03/07/keith-rankin-analysis-interest-costs-the-cost-of-living-and-the-cost-of-government/" aria-label="Read more about Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government">Read more</a>

CoveragePost

Pro-independence protesters, French police clash in New Caledonia

February 22, 2024

Pro-independence militants and protesters clashed with police in downtown Nouméa this week as New Caledonia hosts three French government ministers. The crowd — an estimated 2000 according to organisers, 500 according to police — had been called on Wednesday to voice their opposition to a French-planned constitutional amendment process which would include modification of New ... <a title="Pro-independence protesters, French police clash in New Caledonia" class="read-more" href="https://eveningreport.nz/2024/02/22/pro-independence-protesters-french-police-clash-in-new-caledonia/" aria-label="Read more about Pro-independence protesters, French police clash in New Caledonia">Read more</a>

CoveragePost

Wenda calls on Euro politicians to sign Brussels Declaration on West Papua

January 25, 2024

Asia Pacific Report A leading West Papuan advocate has welcomed this week’s launch of the Brussels Declaration in the European Parliament, calling on MPs to sign it. “The Declaration is an important document, echoing the existing calls for a UN High Commissioner for Human Rights visit to West Papua made by the Pacific Islands Forum ... <a title="Wenda calls on Euro politicians to sign Brussels Declaration on West Papua" class="read-more" href="https://eveningreport.nz/2024/01/25/wenda-calls-on-euro-politicians-to-sign-brussels-declaration-on-west-papua/" aria-label="Read more about Wenda calls on Euro politicians to sign Brussels Declaration on West Papua">Read more</a>

CoveragePost

Keith Rankin Analysis – Political Culture and Close Elections

December 22, 2023

Analysis by Keith Rankin. When countries’ national elections are closely fought, it means that the median voters critically determine the parliamentary or congressional outcome. But, though depending to a considerable extent on the prevailing political culture, the centre-of-gravity of the resulting government may be far from that median usually ‘centrist’ position of the voters. The ... <a title="Keith Rankin Analysis – Political Culture and Close Elections" class="read-more" href="https://eveningreport.nz/2023/12/22/keith-rankin-analysis-political-culture-and-close-elections/" aria-label="Read more about Keith Rankin Analysis – Political Culture and Close Elections">Read more</a>

CoveragePost

Keith Rankin Analysis – Government by Cliché

November 28, 2023

Analysis by Keith Rankin. The new government is making a weak start to its tenure. On Morning Report (RNZ, 28 Nov 2023, Prime Minister Luxon to lead first cabinet meeting), Mr Luxon repeated a comment such as he has made several times before: “The number one job is to rebuild the economy so we can ... <a title="Keith Rankin Analysis – Government by Cliché" class="read-more" href="https://eveningreport.nz/2023/11/28/keith-rankin-analysis-government-by-cliche/" aria-label="Read more about Keith Rankin Analysis – Government by Cliché">Read more</a>