News
General News from around the world
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New Zealand Defence Force personnel working as part of international sanctions enforcement against North Korea have detected and reported illicit ship-to-ship transfers and vessels of interest.
In April the Government committed a Royal New Zealand Air Force P-3K2 Orion maritime patrol aircraft in support of United Nations Security Council sanctions against North Korea.
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Read more: RNZAF completes North Korea sanctions enforcement deployment
- Article: https://www.nzdf.mil.nz/nzdf/news/rnzaf-completes-north-korea-sanctions-enforcement-deployment/
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ACT leader David Seymour is sceptical about what one economist has described as a "positive surprise" increase in New Zealand's gross domestic product (GDP).
GDP is calculated by comparing what the Government owes with what it produces. Figures released on Thursday show it increased 1.6 percent in the first three months of this year.
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- Article: https://www.newshub.co.nz/home/politics/2021/06/act-leader-david-seymour-sceptical-as-government-praised-for-positive-surprise-gdp-increase.html
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New Zealand Gross Domestic Product (GDP) rose 1.6 percent in first quarter of this year, latest figures show.
In an announcement on Thursday, Statistics New Zealand confirmed GDP, a measure of growth in national outputs, rose 1.6 percent during the March 2021 quarter.
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Read more: New Zealand GDP up 1.6 percent in latest figures
- Article: https://www.newshub.co.nz/home/money/2021/06/new-zealand-gdp-up-1-6-percent-in-latest-figures.html
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The Reserve Bank is looking to restrict lending to house buyers whose debts outstrip their income - a tool known as debt-to-income (DTI) ratio limits.
Finance Minister Grant Robertson has agreed "in principle" to allow DTIs, which the Reserve Bank has described as "likely to be the most effective additional tool" to help stabilise ballooning house prices.
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- Article: https://www.newshub.co.nz/home/politics/2021/06/debt-to-income-limits-reserve-bank-looks-to-restrict-lending-to-house-buyers-whose-debts-outstrip-income.html
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So now it will only be investors that buy houses, increasing the price of the housing market and not those that are needing the house in the first place... right!
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If you're wanting to buy a home, you might need to lower your expectations about what you can afford after the Government gave the Reserve Bank the power to cap mortgages against your income.
That means the amount you're allowed to borrow could be cut.
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- Article: https://www.newshub.co.nz/home/money/2021/06/broker-warns-poor-will-get-poorer-if-government-introduces-debt-to-income-caps-to-stop-monster-mortgages.html
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Wellington retailers in the central shopping corridor are scared a plan to ban cars from the area will cause businesses to close or abandon the area.
What is known as the Golden Mile - Lambton Quay, Manners and Willis Streets and Courtenay Place - will only be open to buses, cyclists and pedestrians.
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Read more: Wellington businesses anxious over Golden Mile car ban plan
- Article: https://www.newshub.co.nz/home/new-zealand/2021/06/wellington-businesses-anxious-over-golden-mile-car-ban-plan.html
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Wellington is moving ahead with plans to ban cars from four main "golden mile" streets - Courtenay Place, Lambton Quay, Manners and Willis Streets.
The streets will only be open to buses, cyclists and pedestrians. Side streets will also be closed off where they intersect with them.
Car parks would be removed and footpaths widened, and Midland Park on Lambton Quay would also be expanded.
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Read more: Wellington to ban cars from city's Golden Mile streets
- Article: https://www.newshub.co.nz/home/new-zealand/2021/06/wellington-to-ban-cars-from-city-s-golden-mile-streets.html
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Analysis - Is New Zealand navigating the China-West, politics-trade relationship in a craven way? Increasingly that seems to be the view from overseas, and especially Australia.
New Zealand's relationship with China has been in the spotlight while Scott Morrison has been meeting Jacinda Ardern in Queenstown
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Read more: Australia turns up heat on NZ's relationship with China
- Article: https://www.rnz.co.nz/news/on-the-inside/443769/australia-turns-up-heat-on-nz-s-relationship-with-china
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Subcategories
Politics Article Count: 319
General Politics
Defence Article Count: 1102
General Defence Articles
Science Article Count: 76
Sciencey stuff
World Article Count: 591
World News
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