The Reserve Bank announced yesterday a 0.5% cut to the OCR, which the CTU has called “a recognition of weakness” in a floundering economy. Joint health unions have released a letter sent to Health NZ regarding cuts to digital infrastructure, amidst the news coming out of the 450-page document dump released by the organisation on Tuesday. In political news, an RNZ analysis has found more than $500,000 in political donations to National, Act and New Zealand First related to fast-track projects. A debate took place on Tuesday night with Act Party leader David Seymour and Ngāti Toa leader Helmut Modlik going head-to-head on the place of Te Tiriti in modern Aotearoa.
Union coverage
- CTU – Not everyone will benefit from interest rate cut, economist warns
- NZEI – ‘No more support, no more help’: Primary schools dealing with more trauma, injury and violence
- NZNO – Health NZ looking to save $100m in data and digital work, say unions
Employment
- Fears mill closures could create ‘ghost towns’ in the central North Island
- KiwiRail cost cutting set to cost jobs and services across the North Island
Politics
- $500,000 in political donations associated with fast track projects
- The awkward five days that exposed Health NZ’s financial crisis
- ‘It’s not going to make a big contribution’ – Govt’s heated tobacco products trial in ‘tatters’
- Growing deficit, demand pressures: What we learned from Health NZ’s document dump
Te Ao Māori
- David Seymour goes head-to-head in a heated debate with iwi leader
- Government and iwi partner to build affordable homes
- Te Tiriti o Waitangi: Live analysis of the Seymour-Modlik debate
Economics
- Reserve Bank cuts Official Cash Rate to 4.75%
- Higher interest income helps Reserve Bank pay dividend to Government