EU, New Zealand signs FTA… bilateral trade volume expected to increase by 30%   Mention of ‘strengthening European economic security’… strategy to reduce dependence on China and Russia   On the 9th, the European Union (EU) signed a Free Trade Agreement (FTA) with New Zealand. According to the EU website and foreign media such as…

Higher mortgage rates, more people affected   Westpac economist says many borrowers are expected to spend more money on debt management costs as they move to higher mortgage rates. According to the bank’s economic update, more and more borrowers are rolling over to higher mortgage rates, and about 50% of all mortgages are expected to…

Bank 1 year mortgage rate, increased to over 7%   ASB has raised several fixed mortgage rates, including its key 1-year mortgage rate. ASB, one of New Zealand’s large banks owned by Australia, has raised its 6-month and 1-year rates to 7.25%, its 18-month rate to 6.95%, and its 2-year rate to 6.79%. ASB is…

Doctor prescribes ‘4 cans of Coca-Cola’ to patient with chicken bone stuck in throat…what was the effect?”   A New Zealand emergency doctor has neatly solved the problem by having a patient who came in with a chicken bone fragment stuck in their throat drink four cans of Coca-Cola, according to New Zealand media Stuff…