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Economics

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NZ Budget 2022: Record $11.1 billion post-covid boost for health system

May 20, 2022

By Craig McCulloch, RNZ News deputy political editor More than two million New Zealanders will get a one-off $350 sweetener as part of the Budget’s centrepiece $1 billion cost-of-living relief package. The temporary short-term support is counterbalanced by a record $11.1 billion for the health system as the government scraps district health boards (DHBs) and ... <a title="NZ Budget 2022: Record $11.1 billion post-covid boost for health system" class="read-more" href="https://eveningreport.nz/2022/05/20/nz-budget-2022-record-11-1-billion-post-covid-boost-for-health-system/" aria-label="Read more about NZ Budget 2022: Record $11.1 billion post-covid boost for health system">Read more</a>

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NZ’s focus on private vehicles an ‘off-track’ climate change plan, say critics

May 17, 2022

RNZ News Critics of New Zealand’s new $4.5 billion global warming plan to help New Zealanders into electric vehicles and hybrids say a significant cheque for the Clean Car programme is sending the wrong message about the role cars play in the country’s future. Victoria University of Wellington’s environmental studies Professor Ralph Chapman said — ... <a title="NZ’s focus on private vehicles an ‘off-track’ climate change plan, say critics" class="read-more" href="https://eveningreport.nz/2022/05/17/nzs-focus-on-private-vehicles-an-off-track-climate-change-plan-say-critics/" aria-label="Read more about NZ’s focus on private vehicles an ‘off-track’ climate change plan, say critics">Read more</a>

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Keith Rankin Essay – Liberal Democracy in the new neonationalist era: The Three ‘O’s

May 13, 2022

Analysis by Keith Rankin. Modern ‘western’ governments are known as ‘liberal democracies’. While each political party in a liberal democracy has a ‘policy agenda’ which it would like to implement, only single-party governments have a realistic opportunity to fully implement their agenda; and they typically need multiple terms of single party (or near single party) ... <a title="Keith Rankin Essay – Liberal Democracy in the new neonationalist era: The Three ‘O’s" class="read-more" href="https://eveningreport.nz/2022/05/13/keith-rankin-essay-liberal-democracy-in-the-new-neonationalist-era-the-three-os/" aria-label="Read more about Keith Rankin Essay – Liberal Democracy in the new neonationalist era: The Three ‘O’s">Read more</a>

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Keith Rankin Essay – Problem of Price Increases: ‘Cost of Living’ versus ‘Inflation’

April 21, 2022

Analysis by Keith Rankin. The new (though not unfamiliar to older New Zealanders) crisis of 2022 (and most likely beyond) has become, alternatively, a ‘cost of living’ or an ‘inflation’ crisis. The public discussion treats these two ‘enemies of the people’ as one and the same thing. But they are not. Indeed such conflation is ... <a title="Keith Rankin Essay – Problem of Price Increases: ‘Cost of Living’ versus ‘Inflation’" class="read-more" href="https://eveningreport.nz/2022/04/21/keith-rankin-essay-problem-of-price-increases-cost-of-living-versus-inflation/" aria-label="Read more about Keith Rankin Essay – Problem of Price Increases: ‘Cost of Living’ versus ‘Inflation’">Read more</a>

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New Zealand and Singapore add climate to partnership priorities

April 20, 2022

By Russell Palmer, RNZ News digital journalist Prime Minister Jacinda Ardern and her Singaporean counterpart Lee Hsien Loong have added a focus on climate and sustainability to the enhanced relationship between the two countries. Speaking after bilateral talks in Singapore, the pair jointly announced a fifth pillar would be added to the agreement on the ... <a title="New Zealand and Singapore add climate to partnership priorities" class="read-more" href="https://eveningreport.nz/2022/04/20/new-zealand-and-singapore-add-climate-to-partnership-priorities/" aria-label="Read more about New Zealand and Singapore add climate to partnership priorities">Read more</a>

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Fiji’s Biman Prasad calls out ‘dire straits’ Bainimarama government

April 18, 2022

By Venkat Raman in Auckland Fiji’s National Federation Party leader and Member of Parliament Dr Biman Prasad is confident that the incumbent Voreqe Bainimarama government will be defeated in this year’s general election, because — as he says — “People have had enough; they want a change”. Speaking to the media in Auckland on Wednesday, ... <a title="Fiji’s Biman Prasad calls out ‘dire straits’ Bainimarama government" class="read-more" href="https://eveningreport.nz/2022/04/18/fijis-biman-prasad-calls-out-dire-straits-bainimarama-government/" aria-label="Read more about Fiji’s Biman Prasad calls out ‘dire straits’ Bainimarama government">Read more</a>

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PNG police chief demands covid-19 emergency funding reports from UN

April 12, 2022

PNG Post-Courier Papua New Guinea’s Police Commissioner David Manning — who is also head of the country’s Covid-19 National Control Centre — has placed United Nations agencies on notice that they must reveal how they have spent virus emergency funding over the past two years. Manning said Prime Minister James Marap and other Members of ... <a title="PNG police chief demands covid-19 emergency funding reports from UN" class="read-more" href="https://eveningreport.nz/2022/04/12/png-police-chief-demands-covid-19-emergency-funding-reports-from-un/" aria-label="Read more about PNG police chief demands covid-19 emergency funding reports from UN">Read more</a>

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Keith Rankin Analysis – Borrowing Hurdles: Unintended Consequences arising from Wilful Blindness

March 23, 2022

Analysis by Keith Rankin. On 1 December 2021 the CCCFA (Credit Contracts and Consumer Finance Act) entered Aotearoa New Zealand with more stealth than the Omicron BA2 variant. It resulted in unintended consequences that were (and are) entirely predictable. There are two sets of ‘unintended but predictable consequences’: those consequences that make anxious and desperate ... <a title="Keith Rankin Analysis – Borrowing Hurdles: Unintended Consequences arising from Wilful Blindness" class="read-more" href="https://eveningreport.nz/2022/03/23/keith-rankin-analysis-borrowing-hurdles-unintended-consequences-arising-from-wilful-blindness/" aria-label="Read more about Keith Rankin Analysis – Borrowing Hurdles: Unintended Consequences arising from Wilful Blindness">Read more</a>

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OP-ED: Pandemic pushes SDGs further out of reach of Asia and the Pacific

March 17, 2022

Armida Salsiah Alisjahbana – United Nations Under-Secretary-General and Executive Secretary ESCAP. 2022 marks the second anniversary of the COVID-19 pandemic, and while an end to the pandemic is in sight, it is far from over and the consequences will be felt for decades to come. At the same time, the 2030 Agenda for Sustainable Development ... <a title="OP-ED: Pandemic pushes SDGs further out of reach of Asia and the Pacific" class="read-more" href="https://eveningreport.nz/2022/03/17/op-ed-pandemic-pushes-sdgs-further-out-of-reach-of-asia-and-the-pacific/" aria-label="Read more about OP-ED: Pandemic pushes SDGs further out of reach of Asia and the Pacific">Read more</a>

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Keith Rankin Essay – Rising ‘Cost of Living’ and Inflation

March 16, 2022

Analysis by Keith Rankin. The big new story in the news cycle – in New Zealand but not only in New Zealand – is the rising ‘cost of living’, which is usually conflated with ‘inflation’. These topics – together and separately – are, like Covid19, devolved to ‘social science’ (macroeconomist in this case) ‘experts’; within ... <a title="Keith Rankin Essay – Rising ‘Cost of Living’ and Inflation" class="read-more" href="https://eveningreport.nz/2022/03/16/keith-rankin-essay-rising-cost-of-living-and-inflation/" aria-label="Read more about Keith Rankin Essay – Rising ‘Cost of Living’ and Inflation">Read more</a>

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PNG faces dilemma over ‘momentous’ decision to reopen Bougainville’s Panguna mine

February 20, 2022

Last week the Bougainville Autonomous Government announced an agreement had been reach with Panguna landowners to reopen the island’s controversial gold and copper mine. Once the backbone of the Papua New Guinea economy, Panguna has been idle since the civil war began more than 30 years ago — a war the mine was at least ... <a title="PNG faces dilemma over ‘momentous’ decision to reopen Bougainville’s Panguna mine" class="read-more" href="https://eveningreport.nz/2022/02/20/png-faces-dilemma-over-momentous-decision-to-reopen-bougainvilles-panguna-mine/" aria-label="Read more about PNG faces dilemma over ‘momentous’ decision to reopen Bougainville’s Panguna mine">Read more</a>