New Zealand Cost Crisis Drives Election Vows to Rein In Business
In New Zealand, the rising price of everyday items is sobering: bread costs 64% more than three years ago, butter is up 57% and electricity 27%. Hikes like these are causing politicians across the spectrum to propose radical market interventions to improve competition and lower costs ahead of next month’s election.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.