What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
Tauranga housing crisis: Housing register up 30% since the 2017 state housing sell-off
Most of Tauranga’s state houses were transferred from Housing New Zealand (now part of Kāinga Ora) to the…
Air New Zealand cuts more Hawke’s Bay flights as fuel costs surge
In the email, CEO Nikhil Ravishankar explained jet fuel had surged from around US$85-$90 a barrel to above…
Brussels backs windfall tax on big firms to ease pain from energy crisis – POLITICO
This wouldn’t be the first time that EU capitals have raided the profits of energy companies to ease…
Northland charities warn child poverty crisis worsening with cost of living
“Poverty, youth suicide, truancy, rheumatic fever … they are all inter-related,” she said. “Poverty impacts whānau in a…
Why the fuel crisis is hitting New Zealand particularly hard
“New Zealand is unusually car-dominated,” Woodward told the Herald. “We have more cars per thousand population than almost…
Fuel shortage, global risk and election could drive Auckland apartment prices down: Agent
The middle to tail end of this year is ”not looking particularly promising”, Dunn said. “Things like international…
Northland residents using Afterpay to buy essentials amid cost-of-living crisis
One woman Checkpoint spoke to described it as a “sucker punch or sucker pull”. “It’s like spending your…
Southeast Asia oil crisis puts sovereign ratings at risk
Iran war Subsidies to offset soaring fuel prices could worsen finances, inflation Rumors that gas prices would spike…
Air New Zealand cuts Nelson, Tauranga flights as jet fuel prices surge
Smith wrote that Nelson was one. “Air New Zealand has announced today it is canning 70 Nelson flights…
Christopher Luxon speaks as fuel crisis takes toll at pumps, Trump threatens to ‘take out’ Iran
But Luxon this morning rejected the idea of whipping people into a frenzy over the fuel crisis to…
Chocolate prices an added strain this Easter amid NZ cost-of-living crisis
He said some of that was down to ingredients. “Cocoa prices around the world saw a pretty large…