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Mideast fallout impacts investments

Inflation could hit 3.7% under Treasury’s ‘worst-case’ inflation scenario. 

It’s while petrol prices have risen about 45 to 50 cents a litre, adding about $23 to the price of filling an average car.  

Finance Minister Nicola Willis has outlined the government's priorities - First a focus on supply chains, then potential and anticipated freight disruptions, and lastly our economic response.   

Ministers are meeting daily, written situation updates twice-daily, they’re working closely with importers – we're being told not to panic. 

But, after criticising the last government to no end about its economic decisions during the pandemic - what tools does this government have to ease cost-of living pressures? 

Today on The Front Page, NZ Herald business editor at large Liam Dann is with us to talk through what we could do next. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

Inflation could hit 3.7% under Treasury&rsquo;s &lsquo;worst-case&rsquo; inflation scenario.&nbsp;
It&rsquo;s&nbsp;while petrol prices have risen about 45&nbsp;to&nbsp;50 cents a&nbsp;litre, adding about $23 to the price of filling an average car.&nbsp;&nbsp;
Finance Minister Nicola Willis&nbsp;has outlined the government's priorities - First a focus on supply chains, then potential and&nbsp;anticipated&nbsp;freight disruptions, and lastly our economic response.&nbsp;&nbsp;&nbsp;
Ministers are meeting daily, written situation updates twice-daily,&nbsp;they&rsquo;re&nbsp;working closely with importers &ndash;&nbsp;we're&nbsp;being told not to panic.&nbsp;
But, after&nbsp;criticising&nbsp;the last government to no&nbsp;end about&nbsp;its economic decisions during the pandemic -&nbsp;what tools does this&nbsp;government have to ease cost-of living pressures?&nbsp;
Today on The Front Page, NZ Herald business editor at large Liam Dann is with us to talk through what we could do next.&nbsp;
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Editor/Producer: Richard Martin Producer: Jane Yee

How high could fuel prices go, and what help could be on the way?

Becoming a nation of investors and savers

A top economist advises thinking about working from home to save fuel.

Iran's maintaining its chokehold on the Strait of Hormuz - retaliating to the continued bombing assault by the US and Israel.

It's led Sri Lanka to move to a four-day working week from tomorrow. 

Westpac economist Kelly Eckhold says unless things change quickly, something will have to be done within the next three weeks. 

"Through the Covid period, we were able to save quite a lot of fuel with the hard lockdowns. We're not going to save anywhere near that amount, but it'll certainly help provide more fuel for the higher-priority users of it." 

LISTEN ABOVE

A top economist advises thinking about working from home to save fuel.
Iran's maintaining its chokehold on the Strait of Hormuz - retaliating to the continued bombing assault by the US and Israel.
It's led Sri Lanka to move to a four-day working week from tomorrow.&nbsp;
Westpac economist Kelly Eckhold says unless things change quickly, something will have to be done within the next three weeks.&nbsp;
"Through the Covid period, we were able to save quite a lot of fuel with the hard lockdowns. We're not going to save anywhere near that amount, but it'll certainly help provide more fuel for the higher-priority users of it."&nbsp;
LISTEN ABOVE

Mideast fallout impacts investments

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