If Aotearoa New Zealand is to shift from being a follower to a leader or pioneer in climate governance, it must involve local knowledge, especially Māori knowledge and leadership, to respond in ways that reflect our local circumstances. If action is to be sustained over years and decades, it requires behaviour that springs from hope, […]
“I’ve seen some of the latest discussion over what was a Twitter image. New Zealand has registered directly with Chinese authorities our concern over the use of that image. It was an unfactual post, and of course that would concern us,” Ardern said.
Some Australian allies expressed concern over the tweet, including New Zealand Prime Minister Jacinda Ardern, with the support coming as Australia looks to strengthen its alliances in the Indo/Pacific region as a guard against Beijing’s increasingly strident diplomacy.
Economist Tony Alexander said this could lead to the Reserve Bank increasing the LVRs to 40 per cent and requesting the ability to use debt to income ratio rules, while the Government could extend the bright line test from five years to up to 10 years.
“I note the bright-line test policy – introduced by National, extended by Labour – is something we’ve asked for some analysis on over the impact it’s having in the market, and in this current environment that is absolutely the right thing to do,” Ardern said, grinning.