The Kākā by Bernard Hickey
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Thursday's Chorus: Sugar taxes work
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Thursday's Chorus: Sugar taxes work

Sugar taxes cut consumption 15%, global research review finds, but Govt rules it out again; Oil over US$120/bbl on EU oil ban and refining capacity shortages; Christchurch stadium cost blowout

TLDR: The Government has again rejected the case for a sugar tax to tackle Aotearoa-NZ’s obesity epidemic, despite a major new research review showing such taxes reduce consumption by 15%. Meanwhile, our hospitals are at breaking point due to staff shortages, Covid cases, quake-prone buildings and a surge in flu infections.

IBD patients and supporters march on the offices of Pharmac and then to Parliament in 2020. Photo: Lynn Grieveson/Getty Images

Elsewhere in the news overnight:

  • on the eve of the dissolution of DHBs and as winter flu cases surge, our major hospitals face staffing and building crises that is burning out staff and delaying surgeries;

  • the United States backed a major new trade initiative with Taiwan overnight in another push to contain China; and,

  • US President Joe Biden agreed to send long-range missiles and armed drones to Ukraine, which Vlodomyr Zelensky said he wouldn’t use to attack Russian territory.

My apologies for no chorus yesterday. I just got swamped with a breakfast speaking engagement in Kapiti and post-Covid tiredness. I’m back on the horse today.

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The Kākā by Bernard Hickey
Choruses
The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.