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Economics

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NZ’s ‘no frills’ cost-of-living Budget centres on cheaper childcare

May 19, 2023

By Craig McCulloch, RNZ’s deputy political editor Young families are the clear target of Labour’s election-year Budget, but its flagship promise – cheaper childcare – will not kick in until next year. The 2023 Budget — billed as a “no frills” affair — is set against a volatile economic backdrop with the government now forecast ... <a title="NZ’s ‘no frills’ cost-of-living Budget centres on cheaper childcare" class="read-more" href="https://eveningreport.nz/2023/05/19/nzs-no-frills-cost-of-living-budget-centres-on-cheaper-childcare/" aria-label="Read more about NZ’s ‘no frills’ cost-of-living Budget centres on cheaper childcare">Read more</a>

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French Polynesia’s economy on ‘good path’, says Paris-based institute

May 9, 2023

By Walter Zweifel, RNZ Pacific reporter The French Polynesian economy has been given a positive assessment in the aftermath of the covid-19 pandemic by the body issuing the French Pacific franc. The Overseas Emission Institute said it expected French Polynesia should return to its pre-crisis level of GDP in the first quarter of 2023. It ... <a title="French Polynesia’s economy on ‘good path’, says Paris-based institute" class="read-more" href="https://eveningreport.nz/2023/05/09/french-polynesias-economy-on-good-path-says-paris-based-institute/" aria-label="Read more about French Polynesia’s economy on ‘good path’, says Paris-based institute">Read more</a>

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Fiji’s reduced VAT ‘a failed gamble’ – a vision now needed, says Naidu

April 27, 2023

By Meri Radinibaravi in Suva The gamble that the previous FijiFirst government took in 2016 — in reducing the value added tax (VAT) rate from 15 percent to 9 percent — was basically done to please the people, says Fiscal Review Committee chair Richard Naidu. He said this gamble failed miserably because government expenditure continued ... <a title="Fiji’s reduced VAT ‘a failed gamble’ – a vision now needed, says Naidu" class="read-more" href="https://eveningreport.nz/2023/04/27/fijis-reduced-vat-a-failed-gamble-a-vision-now-needed-says-naidu/" aria-label="Read more about Fiji’s reduced VAT ‘a failed gamble’ – a vision now needed, says Naidu">Read more</a>

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Fiji tax system – ‘we’ll look after our vulnerable people’, says Prasad

April 23, 2023

By Shayal Devi in Suva Any attempt to review or change Fiji’s existing taxation system will be done with proper consideration of all reports and recommendations on the issue, says Fiji’s finance minister. Professor Biman Prasad, who is also co-deputy Prime Minister, said that any decision to make such changes lay solely with the government. ... <a title="Fiji tax system – ‘we’ll look after our vulnerable people’, says Prasad" class="read-more" href="https://eveningreport.nz/2023/04/23/fiji-tax-system-well-look-after-our-vulnerable-people-says-prasad/" aria-label="Read more about Fiji tax system – ‘we’ll look after our vulnerable people’, says Prasad">Read more</a>

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Fiji’s economic summit addresses ‘daunting’ challenges, says Rabuka

April 20, 2023

By Viliame Tawanakoro in Suva Fiji’s Coalition government strongly believes that addressing the country’s priorities head-on is the cornerstone to building a progressive and prosperous nation for future generations, says Prime Minister Sitiveni Rabuka. Speaking at the National Economic Summit 2023 in Suva today, Rabuka said the event was an opportunity for Fiji to take ... <a title="Fiji’s economic summit addresses ‘daunting’ challenges, says Rabuka" class="read-more" href="https://eveningreport.nz/2023/04/20/fijis-economic-summit-addresses-daunting-challenges-says-rabuka/" aria-label="Read more about Fiji’s economic summit addresses ‘daunting’ challenges, says Rabuka">Read more</a>

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How Fukushima wastewater into Pacific will disrupt seafood trade

April 15, 2023

Public opinion will dictate how Japanese seafood is received after the wastewater is disposed of into the Pacific Ocean. The global seafood market faces turmoil with the release of the Fukushima nuclear wastewater from Japan into the Pacific Ocean, computer modelling predicts. Japan announced in 2021 it will release more than 1.25 million tonnes of ... <a title="How Fukushima wastewater into Pacific will disrupt seafood trade" class="read-more" href="https://eveningreport.nz/2023/04/15/how-fukushima-wastewater-into-pacific-will-disrupt-seafood-trade/" aria-label="Read more about How Fukushima wastewater into Pacific will disrupt seafood trade">Read more</a>

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‘Big picture vision’ conversations missing in Pacific, says Aqorau

March 29, 2023

By Giff Johnson in MajuroBig picture conversations about the future of the Pacific islands should be happening, but they are not, says one of the region’s foremost commentators in an interview published n the Marshall Islands Journal. Breaking down barriers between Pacific islands to spur economic development, visioning 21st century skills that island youth must ... <a title="‘Big picture vision’ conversations missing in Pacific, says Aqorau" class="read-more" href="https://eveningreport.nz/2023/03/29/big-picture-vision-conversations-missing-in-pacific-says-aqorau/" aria-label="Read more about ‘Big picture vision’ conversations missing in Pacific, says Aqorau">Read more</a>

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Rob Campbell: Public service bosses of ‘Pyongponeke’ forget who they’re supposed to serve

March 6, 2023

COMMENTARY: By Rob Campbell In Pyongyang there is a public service which would appeal to our own Public Service Commissioner in Aotearoa New Zealand. It never makes any dissenting or controversial view known. Rather it readies itself for any potential change in the face of the Kim family leadership. Ever ready to resume the daily ... <a title="Rob Campbell: Public service bosses of ‘Pyongponeke’ forget who they’re supposed to serve" class="read-more" href="https://eveningreport.nz/2023/03/06/rob-campbell-public-service-bosses-of-pyongponeke-forget-who-theyre-supposed-to-serve/" aria-label="Read more about Rob Campbell: Public service bosses of ‘Pyongponeke’ forget who they’re supposed to serve">Read more</a>

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Females do 73 percent of unpaid housework in Fiji, says new report

March 5, 2023

By Wata Shaw in Suva Females do 73 percent of the unpaid household work in Fiji, compared with 27 percent by males, says a new research report. The report titled “Beyond 33 percent: The Economic Empowerment of Fiji Women and Girls”, authored by Professor Wadan Narsey, was launched in Suva last week by the Fiji ... <a title="Females do 73 percent of unpaid housework in Fiji, says new report" class="read-more" href="https://eveningreport.nz/2023/03/05/females-do-73-percent-of-unpaid-housework-in-fiji-says-new-report/" aria-label="Read more about Females do 73 percent of unpaid housework in Fiji, says new report">Read more</a>

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Mediawatch: Signal to noise – is NZ’s AM radio really under threat?

March 5, 2023

RNZ News Old-fashioned AM radio was an information lifeline for many in Aotearoa New Zealand during last month’s Cyclone Gabrielle when other sources wilted without power. Now a little-known arrangement that puts proceedings of Parliament on the air has been cited as a threat to its future. But is a switch-off really likely? And what’s ... <a title="Mediawatch: Signal to noise – is NZ’s AM radio really under threat?" class="read-more" href="https://eveningreport.nz/2023/03/05/mediawatch-signal-to-noise-is-nzs-am-radio-really-under-threat/" aria-label="Read more about Mediawatch: Signal to noise – is NZ’s AM radio really under threat?">Read more</a>

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‘Shameful wage stealing’ endemic at Australian universities, says report

March 1, 2023

By Kalinga Seneviratne in Sydney A National Tertiary Education Union (NTEU) report claims that “wage theft has shamefully become an endemic part of universities’ business models” while Australia’s biggest public universities record massive surpluses and their vice-chancellors earn more than A$1 million a year in wages. The union report, released late last month and titled ... <a title="‘Shameful wage stealing’ endemic at Australian universities, says report" class="read-more" href="https://eveningreport.nz/2023/03/01/shameful-wage-stealing-endemic-at-australian-universities-says-report/" aria-label="Read more about ‘Shameful wage stealing’ endemic at Australian universities, says report">Read more</a>

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‘Our future looks secure’, says Puna on Pacific Islands Forum unity

February 22, 2023

By Lydia Lewis, RNZ Pacific journalist Regional leaders will meet this week at the Pacific Islands Forum (PIF) Special Leaders Retreat in Fiji. “We have come through a period of some fracture,” incoming PIF Chair Mark Brown, who is prime minister of Cook islands, said. “Re-establishing those ties, re-establishing relationships, that’s going to be an ... <a title="‘Our future looks secure’, says Puna on Pacific Islands Forum unity" class="read-more" href="https://eveningreport.nz/2023/02/22/our-future-looks-secure-says-puna-on-pacific-islands-forum-unity/" aria-label="Read more about ‘Our future looks secure’, says Puna on Pacific Islands Forum unity">Read more</a>