Labour Party, Compulsory financial skills education part of Labour’s plan   The Labour Party has committed to making financial education a mandatory subject in schools to teach children about managing money effectively. “We want all New Zealand youths to leave school equipped with financial management skills. Leaving it to chance is far too crucial an…

Korean MP Melissa Lee to Challenge for 6th Term in New Zealand General Election in October   In the upcoming New Zealand general election scheduled for October, Korean-origin Member of Parliament Melissa Lee of the National Party is set to challenge for her 6th consecutive term. Lee, who first entered the New Zealand Parliament in…

Hana-Rawhiti Maipi-Clarke may become New Zealand’s youngest MP     In the upcoming New Zealand general election, a young woman in her early twenties has thrown down the gauntlet by contesting under the Maori Party banner. According to New Zealand media reports on the 21st, the Maori Party announced its candidates for the general election…

Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time   “No Anticipated Rate Reductions Before the First Half of 2025”   The Reserve Bank of New Zealand (RBNZ) has, as expected, maintained the benchmark interest rate at 5.5% for a consecutive…