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The double tax hitting ratepayers in the pocket, another rate cut looms and concrete data shows hard times roll on – Inside Economics
ANALYSIS: Liam Dann takes a deeper dive into the week's economic news. Source: NZ Herald Business News
Government warned of risks with polytech merger break-up: ‘Similar, if not worse’ financials
A paper said the proposed future appears to be similar, if not worse. Source: NZ Herald Business News
New Zealand house values slump 13% below Covid peak
The housing market is still adjusting to a softer economic environment. Source: NZ Herald Business News
Reserve Bank of Australia cuts cash rate target to 3.60%
The Reserve Bank of Australia has cut its Official Cash Rate target to 3.6%. Source: NZ Herald Business News
Adrian Orr’s Reserve Bank hiring spree unwound, with proposal for 1 in 4 jobs to be cut
The proposal would only take staffing back to 2023 levels. Source: NZ Herald Business News