
Briefly within the information from Aotearoa’s political economic system round housing, poverty and local weather on Tuesday, July 8:
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On the eve of an anticipated pause in fee cuts, the Reserve Financial institution’s new ‘NowCast’ real-time measure of financial exercise reveals GDP has fallen again into recessionary territory within the final three months. See extra in The Lead and Chart of the Day beneath the paywall fold, and listen to extra within the podcast above.
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PM Christopher Luxon and Finance Minister Nicola Willis stated by the primary six months of the yr their Authorities and Funds 2025 was targeted on ‘progress, progress, progress’, however the Crown Accounts for the 11 months to the tip of May very well present the Authorities invested $6.4 billion lower than final yr and $3.6 billion lower than forecast. See extra in The Sidebar.
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A South Island college’s survey college students finds 78% didn’t need the brand new college lunch programme. See Variety of the Day beneath.
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Ministry officers tried desperately on the final minute to cease David Seymour’s lunch programme from going forward due to Libelle/Compass’ poor report with previous contracts. See extra in my Picks & Mixes and Quote of the Day.
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Immediately’s Should-Learn is from Auckland Uni’s Tim Welch: NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning? See extra in my Picks ‘n’ Mixes beneath.
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Immediately’s Good Information story is information from Auckland Council, which has determined to show a golf course right into a wetland. Stuff, RNZ See extra in my Picks & Mixes beneath.
There’s extra element and evaluation for paying subscribers beneath the fold and within the podcast above. If we recover from 100 likes I’ll open it up in full for public studying, listening and sharing.