Kiwibank: RBNZ must move faster with bigger cuts.
Kiwibank economists are calling on the RBNZ to move faster and harder with rate cuts:
🔻50bps in Oct to 2.5%
🔻25bps in Nov to 2.25%
🔻Possibly down to 2.0% by Feb 2026
With 10 of 16 industries shrinking, the risk of waiting is deeper economic scarring — weaker investment, rising unemployment, and further erosion of confidence.
Full article below.
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Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.4% For. Self-service is less frustrating and convenient.
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43.5% I want to be able to choose.
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47.1% Against. I want to deal with people.
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