The UK Telegraph on Ardern
The UK Telegraph reports:
The approval rating for Jacinda Ardern’s government has plunged to its lowest level since her election victory, as New Zealand’s economy struggles to recover from her harsh pandemic restrictions. …
New Zealand’s current inflation rate of 7.3 per cent is the highest in more than 30 years.
And while the price of real estate has fallen, rising mortgage interest rates have kept many new buyers out of the market.
This week’s opinion poll also found that nearly half of those questioned believed the economy would worsen over the next year, as cost of living prices continued to rise.
The downbeat view follows a period of draconian Covid restrictions imposed by the government, including an international travel ban that isolated New Zealand from the rest of the world.
And our Covid death rate is now much the same as Australia’s.