NZ will shift away from lockdowns and give business more freedom to operate.

On December 2 at midnight (so effectively from December 3) New Zealand will move into the Covid-19 Protection Framework

Referred to as the 'traffic-light' system

  • Regions will then be put into red, orange or green settings depending on their vaccination levels and exposure to Covid-19.

The move to the new system has been well-flagged.

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The Reserve Bank of New Zealand meet this week, a rate hike is as close to certain as is possible. The only question is 25 or 50bps. Markets favour 25bps but 50bp is reasonably priced also. More here: