Many forecasters are expecting inflation to be around 2%, well within the Reserve Bank's target range.  

The latest Stats NZ Consumer Price Index number will be released this morning.  

The Reserve Bank was confident last week inflation is now below 3%.  

Westpac Chief Economist Kelly Eckhold told Ryan Bridge that imported things like petrol and electronics have fallen in price, but rates, insurance, and services have increased.  

He says the average of more than 2% reflects divergent trends. 

LISTEN ABOVE 

Many forecasters are expecting inflation to be around 2%, well within the Reserve Bank's target range. &nbsp;
The latest Stats NZ Consumer Price Index number will be released this morning. &nbsp;
The Reserve Bank was confident last week inflation is now below 3%. &nbsp;
Westpac Chief Economist Kelly Eckhold told Ryan Bridge that imported things like petrol and electronics have fallen in price, but rates, insurance, and services have increased. &nbsp;
He says the average of more than 2% reflects divergent trends.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Kelly Eckhold: Westpac Chief Economist ahead of the CPI release, says inflation is predicted to be around 2%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1c71ba59-95c3-4748-aef5-b20a014c4022/transcript

Tauranga businesses are furious about what they label harsh outdoor dining fees following a tough winter. 

They've been waived for the rest of 2024, but in the new year businesses must pay an annual charge based on outdoor dining area.  

In Mount Maunganui it will be $150 per square metre used, which compares to Auckland, where the highest fee is $154 a square metre.  

Black Orchid Collective Cafe Owner Veronica de Oliveira told Ryan Bridge she understands the council wants to control the outdoor areas a bit since the summer is quite busy, but it’s also the only time of the year that they’re actually very busy. 

She thinks that a lot of people will rebel against the fees, and quite a few alfresco set ups will be lost, making the city quiet.  

LISTEN ABOVE 

Tauranga businesses are furious about what they label harsh outdoor dining fees following a tough winter.&nbsp;
They've been waived for the rest of 2024, but in the new year businesses must pay an annual charge based on outdoor dining area. &nbsp;
In Mount Maunganui it will be $150 per square metre used, which compares to Auckland, where the highest fee is $154 a square metre. &nbsp;
Black Orchid Collective Cafe Owner Veronica de Oliveira told Ryan Bridge she understands the council wants to control the outdoor areas a bit since the summer is quite busy, but it’s also the only time of the year that they’re actually very busy.&nbsp;
She thinks that a lot of people will rebel against the fees, and quite a few alfresco set ups will be lost, making the city quiet. &nbsp;
LISTEN ABOVE&nbsp;

Veronica de Oliveira: Black Orchid Collective Cafe Owner on Tauranga City Council raising the fees for alfresco dining

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0c5e10c0-1c81-4b2f-80f4-b20a016d0dc3/transcript

There’s an argument in favour of setting a maximum term for Supreme Court Judges. 

A report from New Zealand Initiative suggests the Supreme Court is getting an exaggerated view of its role and straying into Parliament's domain.

Former ACT MP and lawyer Stephen Franks says there's been grumblings about it among some lawyers. 

He told Ryan Bridge that at the 20th anniversary of the Supreme Court this year, a leading KC presented a paper aligned with this belief. 

He says it read that the law is ceasing to be predictable as the Supreme Court's changing it according to their social values.

LISTEN ABOVE 

<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 16px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">There’s an argument in favour of setting a maximum term for Supreme Court Judges. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 16px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">A report from New Zealand Initiative suggests the Supreme Court is getting an exaggerated view of its role and straying into Parliament's domain.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 16px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">Former ACT MP and lawyer Stephen Franks says there's been grumblings about it among some lawyers. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 16px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">He told Ryan Bridge that at the 20th anniversary of the Supreme Court this year, a leading KC presented a paper aligned with this belief. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 16px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: rgb(255, 255, 255); color: windowtext; text-align: left; text-indent: 0px;">He says it read that the law is ceasing to be predictable as the Supreme Court's changing it according to their social values.
LISTEN ABOVE&nbsp;

Stephen Franks: Former ACT MP and Lawyer on the NZ Initiative report into the Supreme Court

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/98dc2808-1ccc-46dc-a0b8-b20a015ac5a7/transcript

The UK's announced a fresh wave of sanctions against extremist settler groups in the West Bank. 

The measures target three outposts and four organisations which provide or promote support for violence against Palestinian communities. 

British Foreign Minister David Lammy says the inaction of the Israel Government has allowed an environment of impunity to flourish. 

Europe correspondent Gavin Grey told Ryan Bridge it's the third set of sanctions imposed since February. 

He says the previous Government had also been prepared to sanction two Israeli Ministers over comments about blocking aid to Gaza. 

LISTEN ABOVE 

The UK's announced a fresh wave of sanctions against extremist settler groups in the West Bank.&nbsp;
The measures target three outposts and four organisations which provide or promote support for violence against Palestinian communities.&nbsp;
British Foreign Minister David Lammy says the inaction of the Israel Government has allowed an environment of impunity to flourish.&nbsp;
Europe correspondent Gavin Grey told Ryan Bridge it's the third set of sanctions imposed since February.&nbsp;
He says the previous Government had also been prepared to sanction two Israeli Ministers over comments about blocking aid to Gaza.&nbsp;
LISTEN ABOVE&nbsp;

Gavin Grey: Europe Correspondent on the UK imposing sanctions on extremist settler groups in Gaza

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b5b0d77c-6477-4a5a-bdb8-b20a015132b5/transcript

Kelly Eckhold: Westpac Chief Economist ahead of the CPI release, says inflation is predicted to be around 2%

In 1 playlist(s)

Early Edition with Ryan Bridge

Social links

Follow podcast

Recent clips