The Kākā by Bernard Hickey
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Wednesday's Chorus: Kainga Ora development torched
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Wednesday's Chorus: Kainga Ora development torched

Kainga Ora says 48-home site fire is suspicious; Govt backflips on weak ETS rules; Parker revolts over wealth tax dumping; Climate warming judged responsible for July heatwaves; AMOC collapse paper
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Kainga Ora’s building programme has received a blow with an apparent arson attack on a controversial East Tamaki project. Photo: Lynn Grieveson /Getty Images

TL;DR: Widening inequality is driving increasing opposition to social housing in wealth suburbs. Labour’s wealth tax architect has resigned as Revenue minister in frustration/protest. The Government has backflipped on its looser ETS settings. Scientists warn a climate tipping point is closer. Antarctica’s ice sheets are still melting in the middle of winter.

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The Kākā by Bernard Hickey
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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.