Experts are warning the Government's policies designed to reduce the deficit and bring down inflation are worsening the impact of the recession on households and businesses.

Former Productivity Commission Chair Ganesh Nana has led group of 15 economists who've written to the Prime Minister claiming spending cuts are harming the economy.

Nana explained that fiscal policy should not be targeting inflation.

"We want fiscal policies to do other things, which is to focus on that external debt that seems to be being ignored by many."

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Experts are warning the Government's policies designed to reduce the deficit and bring down inflation are worsening the impact of the recession on households and businesses.
Former Productivity Commission Chair Ganesh Nana has led group of 15 economists who've written to the Prime Minister claiming spending cuts are harming the economy.
Nana explained that fiscal policy should not be targeting inflation.
"We want fiscal policies to do other things, which is to focus on that external debt that seems to be being ignored by many."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Ganesh Nana: former Productivity Commission Chair on the open letter saying Government policies are dragging out recession

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e07c3ac4-ab75-41dd-9f8a-b22f0051f197/transcript

European allies of Ukraine are bracing for a response from Russia. 

Ukraine has fired US, and now UK-made missiles into Russian territory. 

UK correspondent Enda Brady says all eyes are on Putin's possible response.

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European allies of Ukraine are bracing for a response from Russia.&nbsp;
Ukraine has fired US, and now UK-made missiles into Russian territory.&nbsp;
UK correspondent Enda Brady says all eyes are on Putin's possible response.
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Enda Brady: UK correspondent on the possible response from Russia after Ukrainian missile attacks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/41d49004-37f3-4b14-9091-b22f007df679/transcript

Nvidia's reported third-quarter earnings have surpassed expectations - and left the chip maker feeling optimistic about its future.

The company's earnings delivered a better-than-expected forecast for the next quarter.

Fisher Funds expert Sam Dickie explained further.

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Nvidia's reported third-quarter earnings have surpassed expectations - and left the chip maker feeling optimistic about its future.
The company's earnings delivered a better-than-expected forecast for the next quarter.
Fisher Funds expert Sam Dickie explained further.
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on Nvidia's third-quarter earnings surpassing expectations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/92dcd01d-5196-4c97-a9bf-b22f007ba08b/transcript

Denmark has agreed on how to implement the world’s first tax on agricultural emissions - including flatulence/farting/burping by livestock.

This comes after months of negotiations between the country’s major parties, farmers, the industry, trade unions and environmental groups.

From 2030, farmers will have to pay a levy of 300 kroner per tonne of methane (as per carbon dioxide equivalent) on emissions from livestock including cows and pigs, which will rise to 750 kroner in 2035. 

The Country's Jamie Mackay explains further.

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Denmark has agreed on how to implement the world’s first tax on agricultural emissions - including flatulence/farting/burping by livestock.
This comes after months of negotiations between the country’s major parties, farmers, the industry, trade unions and environmental groups.
From 2030, farmers will have to pay a levy of 300 kroner per tonne of methane (as per carbon dioxide equivalent) on emissions from livestock including cows and pigs, which will rise to 750 kroner in 2035.&nbsp;
The Country's Jamie Mackay explains further.
LISTEN ABOVE

Jamie Mackay: The Country host on Denmark agreeing to implement world's first tax on emissions

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/465a9b58-bc9d-4778-9736-b22f0076ae2c/transcript

Ganesh Nana: former Productivity Commission Chair on the open letter saying Government policies are dragging out recession

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