Tracy Withers

Wellington

Reporter at Bloomberg News

Bloomberg News reporter in New Zealand. All opinions are my own. @business

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Articles

New Zealand raises alert code as offshore volcano simmers

1 week ago | detroitnews.com | Tracy Withers

New Zealand officials have raised the alert code for the offshore volcano Whakaari/White Island, which is emitting large steam and gas plumes containing more ash. The island, situated off the east coast of the North Island, erupted suddenly in December 2019, killing 22 people, mostly tourists, who were on it at the time. Tourists are no longer able to visit.
New Zealand Raises Alert Code as Offshore Volcano Simmers

1 week ago | bloomberg.com | Tracy Withers

White Island in 2020. (Bloomberg) -- New Zealand officials have raised the alert code for the offshore volcano Whakaari/White Island, which is emitting large steam and gas plumes containing more ash. The island, situated off the east coast of the North Island, erupted suddenly in December 2019, killing 22 people, mostly tourists, who were on it at the time. Tourists are no longer able to visit.
New Zealand Inflation Accelerates More Than Expected to 2.5%

1 week ago | financialpost.com | Tracy Withers

Article content(Bloomberg) — New Zealand’s annual inflation accelerated for the first time in almost three years, while still remaining within the Reserve Bank’s target band, suggesting policymakers can press ahead with further easing to support the economy. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
New Zealand Inflation Accelerates More Than Expected to 2.5% (2)

1 week ago | news.bloombergtax.com | Tracy Withers

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New Zealand Raises Alert Code as Offshore Volcano Simmers

1 week ago | flipboard.com | Tracy Withers

BREAKING NEWSDisgraced footy identity Ricky Nixon is handcuffed by detectives in bulletproof vests after allegedly threatening to kill policeScandal-plagued former AFL player manager Ricky Nixon has been has pleaded with police to be 'gentle' with him as he was arrested in dramatic …
New Zealand Inflation Accelerates More Than Expected to 2.5%

1 week ago | bloomberg.com | Tracy Withers

Shoppers browse goods at a street side stall in Auckland, New Zealand. (Bloomberg) -- New Zealand’s annual inflation accelerated for the first time in almost three years, while still remaining within the Reserve Bank’s target band, suggesting policymakers can press ahead with further easing to support the economy. The Consumers Price Index rose 2.5% in the first quarter from a year earlier, quickening from 2.2% three months prior, government data showed Thursday.
RBNZ to Review Spending, Staffing as Government Limits Funding

1 week ago | bloomberg.com | Tracy Withers

(Bloomberg) -- New Zealand’s central bank will review its spending and staffing levels after agreeing a five-year funding package with the government that was smaller than initially sought. The Reserve Bank will receive operating expenditure funding of NZ$750 million ($440 million) versus NZ$1.03 billion it had requested, Finance Minister Nicola Willis said Wednesday in Wellington. The average annual allocation of NZ$150 million is 25% less than the RBNZ is budgeting this year, she said.
New Zealand Parliament Rejects Bill That Stirred Racial Tensions

2 weeks ago | bloomberg.com | Tracy Withers

Members of Parliament following the rejection of the principles of the Treaty of Waitangi bill in Wellington, on April 10. (Bloomberg) -- New Zealand’s parliament has rejected legislation that sought to define the principles of the Treaty of Waitangi, the 1840 agreement between indigenous Māori and the British Crown that is considered the nation’s founding document.
New Zealand Gold Rush: Historic Reefton Sees Mining Boom Return

3 weeks ago | bloomberg.com | Matthew Brockett |Tracy Withers

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New Zealand PM Will Push For Dairy in Trade Deal With India

1 month ago | ca.finance.yahoo.com | Tracy Withers

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. • None How Britain’s Most Bike-Friendly New Town Got BuiltNew Zealand is ready for some tough negotiations with India as it seeks a free-trade agreement that includes dairy, Prime Minister Christopher Luxon said. The two nations agreed to start working toward an agreement during Luxon’s official visit this week. He met Indian Prime Minister Narendra Modi for bilateral talks Monday in New Delhi.