Wednesday, 27 July 2022 12:42

Crisis move

Written by Milking It

font size decrease font size increase font size
Print
Email

OPINION: When three senior Government ministers issue a media release on a Sunday afternoon extending cost of living support, eyebrows are rightly raised.

So, when Grant Robertson (Finance), Megan Woods (Energy) and Michael Wood (Transport) recently announced "significant additional support", they knew something we didn't.

Sure enough, the next day, Stats NZ released its quarterly Consumer Price Index for the three months to June and it wasn't happy reading.

The cost of living crisis is getting worse as inflation hits 7.3%, the highest increase since 1990. The increase was largely driven by rising rents and construction costs.

Let's hope the next quarterly Consumer Price Index contains less doom and gloom.

More like this

Free speech

Free speech

OPINION: The Free Speech Union is taking this one too far.

Drug survey

Drug survey

OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is growing and making up a disproportionate share of nonnegative workplace drug test results.

Genuine Hipkins

OPINION: At the recent NZ Dairy Industry Awards, opposition leader Chris Hipkins made a surprise appearance.

Unserious greens

OPINION: The Greens aren't serious people when it comes to the economy, so let's not spend too much on their fiscal fantasies.

Science fiction

OPINION: Last week's announcement of Prime Minister’s new Science and Technology Advisory Council hasn’t gone down too well in the science community.

Popular Reads

25 years on - where are they now?

To celebrate 25 years of the Hugh Williams Memorial Scholarship, Ravensdown caught up with past recipients to see where their…

Farmers Advised to Look Beyond Palm Kernel Price When Buying Supplementary Feed

When buying supplementary feeds, farmers need to consider the entire package on offer – service, freight and all the components…

Farmers reject ruminant methane strategy

According to a new farmer survey, many farmers are rejecting New Zealand’s current ruminant methane strategy.

ANZCO Foods' net profit plunges

Meat processor ANZCO Foods’ net profit has plunged on the back of lower market returns which squeezed margins and impacted…

Mid-Canterbury dairy farmer boosts milksolids by 50% with millennial mindset

A Mid-Canterbury dairy farmer is bringing a millennial mindset to his family farm and is reaping the rewards, with a…

Featured

NZ scientists make breakthrough in Facial Eczema research

A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.

LIC Space folds for good

Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.

Editorial: Time for common sense

OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).

2024–25 apple harvest exceeds expectations, says Apples and Pears NZ CEO

The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.

Fieldays 2025 unveils new sustainability initiatives with industry partners

Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.

Fonterra's record forecast organic milk price

Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.

National

New National Fieldays CEO excited to lead iconic four-day event

Newly appointed National Fieldays chief executive Richard Lindroos says his team is ready, excited and looking forward to delivering the…

No regrets choosing cows over boardroom

Winning the 2025 New Zealand Share Farmers of the Year still hasn't sunk in for Thomas and Fiona Langford.

Taranaki farmers face uncertain outlook despite grass growth after drought

The grass may be growing again in the drought-stricken coastal area of Taranaki, but the outlook for many farmers there…

Doctors and rural women welcome pre-Budget boost for urgent and after-hours care

Doctors and rural women are welcoming the recent pre-budget announcement from the Government that it would be boosting funding to…

DairyNZ Farmers Forum underway

Over 300 farmers and rural professionals have gathered in Hamilton for the first DairyNZ Farmers Forum for this year.

Machinery & Products

Shearing legend hooked on CanAm

Sir David Fagan, world-renowned competitive sheep shearer with 642 shearing titles worldwide and a knighthood to his name, now runs…

Advanced seeding technology on show

Available as part of the Lemken portfolio, a leading name in advanced seeding technology, Equalizer, sees its CII 8/762N Planter…

50 years of tractor pull

This year, the Fieldays Tractor Pull, in association with PTS Logistics, mark a major milestone – 50 years of crowd-thrilling…

New design Claas tractors set for Fieldays debut

Well known for its dominance in the harvesting arena, Claas has channelled its engineering excellence and a deep knowledge of…

The Wrangler's birthday bash

It's the Wrangler Limited’s 30th birthday and to celebrate the milestone a prototype of the E Series Wrangler - a…

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

Milking It

Free speech

OPINION: The Free Speech Union is taking this one too far.

Drug survey

OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is…

» eNewsletter