National’s Nicola Willis says detailed arrangements for specific circumstances - like people who have a salary job but also make income from side hustles - would have to be worked through if party's re-elected

Joseph Stiglitz considers the long-run political and economic costs of the US president's thuggish cronyism

The opening of Hormuz expected to create new distortions; US data soft; Taiwan data strong; China harvests swell; Aussie inflation stays high; UST 10yr at 4.40%; gold and oil drop hard; NZ$1 = 56.4 USc; TWI-5 = 60.4

Even though there have only been sporadic term deposit rate changes over the past month, the slow but steady shifts have opened up interesting variations between financial institutions