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

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

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