zealand’s Archives - Citizen Watch Report

Australia’s welfare bill could exceed the size of New Zealand’s entire economy in just a few years

April 9, 2026 3:21 pm

Australia's welfare bill could exceed the size of New Zealand's entire economy in just a few years https://t.co/bn8RUpbmhv — Daily Mail (@DailyMail) April 9, 2026 Australia is heading toward a welfare blowout so large that Commonwealth social spending could soon …

How a cookie tin lottery at New Zealand’s Parliament helps decide what becomes law

May 23, 2025 2:13 pm

The ceremonial lottery at Parliament, where bills are drawn randomly from what’s known as “the biscuit tin” in local parlance, is a way to ensure every New Zealand legislator has the chance to advance a proposed law, no matter how …

Inflation Alert! The Reserve Bank of New Zealand’s Monetary Policy Review July: The Official Cash Rate (OCR) held at 5.5%. Employment above sustainable level, Consumer spending slows. Could this be the start of other central banks pausing this time as the Fed take the lead with the July rate hike?

July 12, 2023 9:45 am

by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …