Monetary policy, inflation lowers but economic recession expected   As the price continues to rise, the central bank warns that inflation is too high and that companies and workers need to lower their expectations to avoid deeper economic downturns and higher interest rates than expected. Inflation is a phenomenon that is occurring not only in…

New Zealand also prohibits the use of TikTok app for lawmakers and parliamentary staff   New Zealand MPs and parliamentary staff are banned from using the TikTok app on their work phones, according to New Zealand officials on the 17th. This ban, which takes effect at the end of this month, follows similar moves in…

New Zealand ranks 10th in the world happiness index… What country has been the top-ranked for six consecutive years?   On March 20th, the United Nations Sustainable Development Solutions Network (SDSN) published the World Happiness Report (WHR) for this year, on the occasion of “International Day of Happiness.” The UN has designated March 20th as…

New Zealanders’ household savings have increased compared to before COVID-19, but 25% do not save at all.   A survey found that 25% of New Zealanders do not save at all.   New Zealand households’ savings have increased compared to before the COVID-19 pandemic, but 25% of New Zealanders do not save at all, according…