It may buy votes but doesn’t much help the needy afford food.
Category: Economy
Centrist Exclusives
![Economic update July 2023 2 Economic update July 2023 - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/08/20152402/ROCvkG5jgV7O5oMo7uEsjPFQemZ-26NHf0LOlZUkSeZ4nQiJE7PUYX0WZ3nyvnILiR5OP_w7o_0WwapmArOsRZgX979XemLYcFFBOoENElPMxprPPvdnA5v-hqbX-Sehho7z3o84xrFw5zSU85PI5IM.png)
Economic update July 2023
RBNZ holds 5.5% interest rate and explores digital currency further. Consumer prices rise while milk and property prices drop.
Centrist Exclusives
![What is the Progressive Home Ownership fund? 3 What is the Progressive Home Ownership fund? - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/08/20151855/fZpFRYaraTZTxkLdjdJYGmL3Ry4qT1Y9darSHUIK7iUV0i7se0ckwfqUGJTV_X2z3KR7pH7nG8nJy5MreU1kzmyz6jpt2y_5dgZLHm9UIlon6pR9JcHXEH7hc13gZCu5AmtTTez7LRaIOlGcuEEhoNo.png)
What is the Progressive Home Ownership fund?
$400 million fund to help make homes affordable is not meeting objectives.
Economy
![Bank economists warn of much higher interest rates on horizon 4 Bank economists warn of much higher interest rates on horizon - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/07/18051559/Centrist-Images-for-New-Website-82.png)
Bank economists warn of much higher interest rates on horizon
More pain for mortgage holders?
Economy
![New fintech firm arrives in NZ; critics concerned about fraud 5 New fintech firm arrives in NZ; critics concerned about fraud - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/07/18051603/Centrist-Images-for-New-Website-81.png)
New fintech firm arrives in NZ; critics concerned about fraud
Much of its revenue “could not be verified with total satisfaction”.
Centrist Exclusives
![Economic update June 2023 6 Economic update June 2023 - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/07/20134411/fPI3GnO6-0y95VWf6cnulIwPTnF8mKVY9BTaXJUHXmpZpnFFsjkhVEBonxAYDsGJShAnfrGAhks9-EA8PaAwnLHM8CjI6h6c7VNwq9-i5z_lPaM7DUgoKykHmPdXAmYUEPXL_i5hZ63sRhRlKrRsHQ0.jpg)
Economic update June 2023
Inflation and cost of living biggest concerns for Kiwis.
Economy
![GDP better overall, but worse per capita 7 GDP better overall, but worse per capita - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/06/18051526/Centrist-Images-for-New-Website-13.png)
GDP better overall, but worse per capita
Politicians and media outlets conveniently choose to cherry-pick the positive headlines.
Centrist Exclusives
![A look at wealth versus capital gains tax 8 A look at wealth versus capital gains tax - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/06/20131757/3tee5Trq6NGzD_kG1xxE0d3tBEw7Rw8Ckc-9MhLaggGNa4GiDo8qjb2ORiknINND-YusYC4ow499aUl8EOlIKaMIB45uSl76ae2eCgiifQJh5Pf_x-ui-yHgEdbngfPA0x31UZ2VHdgG4p-wYlf6XIM.png)
A look at wealth versus capital gains tax
If NZ decides to “tax the rich”, there is still the question of how.
Centrist Exclusives
![National attempts to woo primary industry 9 National attempts to woo primary industry - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/06/20130651/8rfGJyA9LAyOHViX4vDvG6HX8yH-nGnrQWbpUgotxuGzl64xyu5-IeRffpRVKA266OWANKKrU2i1kzKEpu8Wt_GJ7ssAFUFkuN2Dob9wEl-1IV2mf94P6Qjlp7b1R1-b2kzpGTqVlu16g3H2JbWcxw8.jpg)
National attempts to woo primary industry
National’s agricultural emissions policy garners support from farmers and biotech firms.
Centrist Exclusives
![Green Party tax policy could burn a lot of CO2 with wealthy leaving 10 Green Party tax policy could burn a lot of CO2 with wealthy leaving - Centrist](https://media.centrist.co.nz/wp-content/uploads/2023/06/20131455/WasVkc5-97JZlMvHLWV_X6l4tAj6uwGgSFu2o8COMtZfT1bisV9ycmL1xpZgyosV90BXCSaz1kehTuyDVjtlY3sIy7iZl0EdUFOo7mkRqBqmZYVag_76QWKVTj5UqwhlVaAyFNmsuHOIK6y-iYQ37d8.jpg)
Green Party tax policy could burn a lot of CO2 with wealthy leaving
Realistic or Fantasy Island?