Asia Pacific > NZ Market: Speculators drive NZU price rally as limited climate spending announced in budget

NZ Market: Speculators drive NZU price rally as limited climate spending announced in budget

Published 06:27 on May 30, 2024  /  Last updated at 06:27 on May 30, 2024  / /  Asia Pacific, New Zealand

The spot NZU price has climbed nearly 7% in recent days as the coalition government announced little in new funding on climate initiatives in its latest budget Thursday, focusing instead on funding tax breaks and public service spending.
The spot NZU price has climbed nearly 7% in recent days as the coalition government announced little in new funding on climate initiatives in its latest budget Thursday, focusing instead on funding tax breaks and public service spending.


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