New Zealand

Some government agencies have already taken action

Rising fuel costs cost the airline NZ$135 million (US$80 million) even after fare increases

The country is emulating Australia, which became the first country in the world last year to implement such a law

The gap increased to NZ$1.95 billion (US$1.2 billion) from a revised NZ$237 million in June

The US dollar tends to lag when growth is looking solid elsewhere in the world, says an expert

Housing remains a drag on the country’s uneven economic recovery

More people are also seeking work

Sustained price weakness adds to the burden on households already battered by surging fuel costs

[SYDNEY] New Zealand business confidence jumped in July as inflation expectations eased and companies turned more optimistic, with key metrics reaching historically solid levels, an ANZ Bank survey showed on Thursday (Jul 30)