Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader notes that the Reserve Bank forecasts that more than 80% of beef and sheep farmers would be unprofitable if any future emissions pricing on carbon dioxide equivalent hit $150 per tonne.
OPINION: This old mutt reckons with inflation at 30-year highs and interest rates on an endless upward trajectory, Reserve Bank Governor Adrian Orr would be singularly focused on tackling these issues.
Banks may increasingly lose patience with farms with very high cost structures and very high debt burdens, warns Chris Bloor, financial systems analyst at the Reserve Bank of New Zealand.
Market commentators are indicating with 80% certainty the Reserve Bank of New Zealand will lower the official cash rate by 25 basis points next month and then it will begin to stabilise.
NZ's financial system is resilient and functions effectively, but risks to the financial stability outlook have increased further in the past six months.
Federated Farmers has welcomed the Reserve Bank's decision to cut the Official Cash Rate by 25 basis points to 2.25%.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…