New Zealand Foreign Minister Nanaia Mahuta has sounded a warning over debt levels among the Pacific nations, saying it is a key area of vulnerability that needs to be addressed. Speaking to TVNZ’s Q+A program on July 17 said she was concerned about the way development in the Pacific was being funded, particularly by China….
NZ Minister Concerned About Pacific Debt Levels to China
July 19, 2022
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New Zealand Timelapse | Simple Happiness Episode 9
Relax for an hour and let your worries be replaced by stunning aerial timelapse views from some of New Zealand’s most beautiful and iconic locations captured in ultra-high definition, paired with brand new motivational and relaxing epic music. New Zealand is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the…
New Zealand Inflation Hits 7.3 Percent, Highest in 32 Years
July 18, 2022
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Asia & PacificBusiness & MarketseconomyGrant RobertsoninflationInternationalNew ZealandReserve Bank of New ZealandWorld
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New Zealand’s (NZ) annual inflation accelerated to 7.3 percent in June, reaching a new 32-year high and surpassing market expectations. According to Stats NZ, the increase was led by housing costs, with an 18 percent jump in construction prices and a 4.3 percent increase in rentals for housing. “Supply chain issues, labour costs, and higher…
New Zealand Reserve Bank Raises Cash Rate to 2.5 Percent, ‘Broadly Comfortable’ With Hike Rate
July 13, 2022
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The Reserve Bank of New Zealand (RBNZ) made its sixth consecutive cash rate hike in July, moving the rate up another 50 basis points to 2.5 percent. The move was widely expected by most analysts as the central bank continues to combat spiralling inflation, which was last reported in February at 6.9 percent. The monetary…
Australia to Provide $2 Million in Aid to Kiribati as Country’s Drinking Water Dry’s Up
Australia will provide an extra $2 million (US$1.4 million) in aid assistance for Kiribati as the pacific country’s drought continues to worsen. The assistance comes following the country’s state of disaster declaration on June 13, after the pacific nation experienced below-average rainfall over the past 6 months, which has led to high levels of salinity in…
Australia to Provide $2 Million in Aid to Kiribati as Country’s Drinking Water Dries Up
Australia will provide an extra $2 million (US$1.4 million) in aid assistance for Kiribati as the pacific country’s drought continues to worsen. The assistance comes following the country’s state of disaster declaration on June 13, after the pacific nation experienced below-average rainfall over the past 6 months, which has led to high levels of salinity in…
Chinese State-Run Media Jumps on New Zealand PM’s Softening Stance Towards Beijing
July 11, 2022
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Chinese state-run media has noted New Zealand Prime Minister Jacinda Ardern’s softer stance towards China in her recent major foreign policy speech. The Global Times, a Chinese regime mouthpiece, claimed in an article that this softer language towards Beijing signalled that Australia’s “wishful thinking” to “rally” New Zealand against China had stalled. Ardern said in…
Australia Could Grant New Zealand Immigrants Voting Rights: PM
July 11, 2022
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Prime Minister Anthony Albanese has flagged possible voting rights for Kiwis in Australia and a more “common sense” approach to the country’s 501 deportation policy. If implemented, it would align Australia’s voting policy with New Zealand—where Australians living across the Tasman for more than one year are able to vote. “We’ll be asking the Joint…
Ardern Warns Against ‘Black and White’ View of Competition With Beijing
July 8, 2022
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New Zealand Prime Minister Jacinda Ardern has spoken out against framing the conflict in Ukraine and countering ongoing Chinese aggression through a “black and white” lens, saying nations do not need to choose between autocracies or democracies. Ardern’s latest views stand in stark contrast to that of U.S. President Joe Biden, who has vowed to…
New Zealand’s Escalating Crime Wave ‘Decades in the Making’: Police Minister
July 6, 2022
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Decades of family abuse has contributed to the rampant crime rate in New Zealand, with one politician comparing the lawlessness to that in South Africa. “We’ve had the most crime, especially the most gun crime, that I can ever remember,” former federal Member of Parliament Matt King told The Epoch Times. King said helping children…
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