Ainsley Thomson
Personal Finance Editor at Bloomberg News
Personal finance editor at Bloomberg News. Based in Wellington. Opinions are my own.
Articles
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1 week ago |
bloomberg.com | Ainsley Thomson
Good morning and welcome back, it’s Ainsley here with all the news you need to start your working week. Today’s must-reads:• Opposition parties mull coalition return• East coast flood cleanup begins• Banks stuck with DAZN’s Foxtel M&A loanThe opposition parties appear on track to return to the Coalition, a longstanding alliance that suffered a surprise split last week in the wake of the disastrous election.
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1 week ago |
flipboard.com | Ainsley Thomson
6 hours agoPolice officer fighting for life after on-duty traffic incident is named - as four people arrestedThames Valley Police said PC Christopher Miller remained in a critical life-threatening condition in hospital following the incident in Stoke Poges, …1 hour agoEx-flight attendant caught smuggling 100 lbs.
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2 weeks ago |
bloomberg.com | Ainsley Thomson
Nicola Willis(Bloomberg) -- New Zealand Finance Minister Nicola Willis had billed Thursday’s budget as a sober affair that would contain “no unicorns, no rainbows.”Women working in female-dominated fields were arguably the biggest losers, with the government estimating contingency savings of NZ$12.8 billion ($7.6 billion) over four years by making it harder for them to lodge pay equity claims.
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2 weeks ago |
bloomberg.com | Ainsley Thomson
Lake Wakatipu in Queenstown. (Bloomberg) -- Wealthy Americans eying New Zealand as a haven are hoping the government will soon relax a ban on house sales to foreigners, according to advisers. Since New Zealand overhauled its golden visa program last month, there has been a surge of interest from would-be US investors, but the inability to buy a house in the country remains an obstacle, said Marcus Beveridge, managing director at Queen City Law in Auckland who specializes in foreign investment.
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2 weeks ago |
bloomberg.com | Ainsley Thomson
Good morning and welcome back, it’s Ainsley here with all the news you need to kick off your working week. Today’s must-reads:• RBA expected to cut interest rates• Productivity growth at 60-year low• Gina Rinehart doubles US stocks betEconomists and money markets expect the Reserve Bank will announce a quarter percentage-point cut tomorrow to bring its cash rate to a two-year low of 3.85%.
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RT @markets: The chief executive of National Australia Bank said there are increasing divisions within the country’s economy, making the ta…
A retail crime wave is sweeping through New Zealand and Australia, underscoring the hardship many people are facing as costs for everyday items rise https://t.co/gc47kEiYJm via @economics
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