Population growth of 2.1% and annual growth of 3.6% should produce per capita growth of 1.5%. So I am a bit skeptical about the Westpac economist analysis which produced the 0.6% figure.
A fair bit of the population growth is in people with temporary and student visas. Many of them, especially students, will be in relatively low paid jobs, so i would wonder if they really increase per capita growth, as opposed to just matching population growth.
I appreciate the actual increase in activity might be concentrated in certain sectors such as construction, but it is invariably the case certain sectors grow faster than other. A few years ago the high growth sector was dairy. In fact you can have declining sectors even in a period of high growth.
Probably the best thing about current growth is that it will reduce unemployment, especially among younger people with limited skills. In fact construction generates quite a few moderate and low skilled jobs. It gets them on the ladder to better jobs.
In North Shore (nearly 10% of the NZ population and a reasonable reflection of much of New Zealand – though I accept North Shore as a whole is better off than say South Auckland) the effects of growth are pretty evident, and seem widespread.
Really great growth in the poverty area too Wayne. Food banks are creaming it and the Salvation Army et al are having a prolonged growth spurt. Prison growth must hold you in awe and it must be heartening to see your brighter future blossoming.
Poverty ? What’s poverty ? Wayne doesn’t see poverty. Wayne is a perennial ‘Young Nat to Old Nat’ trougher. Wayne’s acknowledgment of such ‘horridness’ is to the scandalously temeritous mention of it, rather than the fact of it.
Actually, you can. If the bits keeping the aggregate high are outliers, then yeah, it’s misleading to keep them in.
If everywhere in the country was in recession, but wgtn had gdp increase of 1000%, then the figures would say “healthy growth” when the facts for almost everyone on the ground are “recession”.
At the same time you have to massively ramp up the cost of using personal car transport on Auckland’s motorways, otherwise as the roads empty out it will become more appealing and more convenient to get back into cars.
At the same time you have to massively ramp up the cost of using personal car transport…
No you don’t. You can give the petrol away for free and reduce its availability at something like 15% per annum and we get to be fossil free (ie – car free) by around 2030.
If you insist on looking at in terms of $$$, then maybe the prospect of a stranded asset – that 4WD that’s destined to be junk and impossible to re-sell would be a good enough incentive to get off the personal transport gravy train (sorry for the mixed metaphor 😉 )
edit – should edit to add that the initial cost of giving petrol away for free would be less than $2 billion and that we currently subsidise the fossil industry to the tune of about $2.5 billion per annum.
Yes, you could potentially do it the ‘free but reducing volume’ way. However a population trained to think in terms of electronic dollars and not physical reality could end up pretty confused with how to correctly anticipate and appropriately act.
meh – fill the tank. Bowsers cut out when pre-programmed trajectories of delivery volumes are exceeded and back on again when trajectories are back in range. (Have current and likely availability prominently displayed in a user friendly format in every forecourt)
In essence, getting petrol would be no different to the present, where motorists drive to the station that lets them cash in that supermarket docket or to the one that has a slightly lower price.
As for buying a $40 000 hunk of metal (or whatever it might cost in 2020 or 2025) with the expectation that some of the outlay will be recouped further down the line, well…the world’s full of thems that does stupid.
Donald Trump has made it clear he will nominate Peter Thiel to the Supreme Court if he wins the presidency, Thiel has told friends, according to a source close to the PayPal co-founder.
Trump “deeply loves Peter Thiel,” and people in the real estate mogul’s inner circle are talking about Thiel as a Supreme Court nominee, a separate source close to Trump told The Huffington Post. That source, who has not spoken to Trump directly about Thiel being nominated to the Court, cautioned that Trump’s offers often fail to materialize in real life.
Keith Olbermann – Hillary was Wrong. All of Trump’s Supporters Are “Deplorable”
Ahhh yes the elitist superiority of the lefty commentariat.
In other news, latest CBS/NY Times 4 way national poll including Stein and Johnson: Clinton and Trump are TIED on 42% each.
The Democrats should have picked Bernie, the stronger, untainted, more left wing candidate, instead of going with the Wall St bankster backed candidate.
i have just listened to an apologist for human trafficking responding to allegations from a labour department investigation.
foreign fruit picker being paid $10 an hour and ‘housed’ in an unsuitable caravan.
he suggested id cards for workers amongst other things.
how about a card for the exploitative employer?
i see a direct link from this, to dear leaders pontifications on kiwi workers being lazy, stoned and lacking ambition.
The trickle-down notion— along with its theoretical justification, marginal productivity theory— needs urgent rethinking. That theory attempts both to explain inequality— why it occurs— and to justify it— why it would be beneficial for the economy as a whole. This essay looks critically at both claims. It argues in favour of alternative explanations of inequality, with particular reference to the theory of rent-seeking and to the influence of institutional and political factors, which have shaped labour markets and patterns of remuneration. And it shows that, far from being either necessary or good for economic growth, excessive inequality tends to lead to weaker economic performance. In light of this, it argues for a range of policies that would increase both equity and economic well-being.
It always surprises me that so many people are fooled into thinking that making the rich richer will help them. We have the evidence, it’s been around for centuries and even millennia, that having rich people actually destroys entire societies.
Of course, Stiglitz is still stuck in the delusion that we need growth. Development yes, growth no.
More and more people are now admitting that they regret voting to leave the European Union in last week’s referendum, with many claiming that they never intended to leave but simply wanted to “protest”.
Speaking on BBC Radio 4’s Today programme, Barbara Ansdale, from the Black Country, said she had voted leave but “wasn’t really voting to get out of the union
@ Draco agreed, except possibly it is more than 60% that the top 10% now own??
The survey completely ignores GST paid and any other taxes such as rates.
The survey should look at the change in disposable income: top 10% versus bottom 30% and disposable income after housing costs (especially rent) top 10% versus bottom 30%, since the Gnats came to power. That will tell a completely different story.
We are being softened up for tax cuts before the election by the childish simplistic Seymour.
when you have less you pay less tax. Assuming that there’s no shenanigans with juking the figures on who pays how much tax, e.g. gst vs paye… lol oh wait, exactly that…
Well there is plenty of corporate welfare for Hollywood in NZ. Millions on the legal case on Dotcom…. the irony of the money laundering charges against Dotcom from Hollywood when Hollywood and actors are one of the biggest users of tax havens shown up in the Panama papers (after politicians).
Oh well, we all know that once you become super rich, you are not only exempt from paying normal taxes, but you can also buy politicians and use tax payer funds to hunt out any rivals and make them pick up your legal bill.
Meanwhile on the Dotcom case apparently illegal US behaviour is not relevant to the case????
“Mr Van der Kolk and Mr Ortmann’s lawyer, Grant Illingworth, told the High Court that, crucially, the court had not let the men present evidence of unlawful US behaviour.
“[That includes] a massive search and seizure, manufacturing a situation of urgency in order to get procedural shortcuts … covering up the unlawful activities that preceded the [arrests], downstream attempts to cover that up including a police officer giving incorrect information to this court, [and] unlawfully sending clones of hard drives overseas.”
They had also been prevented from presenting evidence from US extradition law experts that would have shown the charges were not extraditable crimes, defence lawyers said.”
yes, quite – questioned and answered multiple times over several years even
i just cant believe that the net tax lie keeps coming back to life. – Either people are very gullible or very deceitful for it to keep being used time and again
kind of staggered that people wont see the giant hole in the argument and just go back to the start – rinse and repeat
PR, thats just farkin abart wiv pissentichers.
Maybe the bottom 30% have had a reduction in their share of overall income commensurate with the reduction in share of direct income taxes paid…… and conversely the top 10% have had a much larger increase in their income which has led to an increase in their overall share of direct tax paid.
So if you want to make out that the rich are getting hit, give them shitloads more and they end up paying more tax.
With a high number of Maori in the lower social economic group and with a large number continuing to smoke, is the Māori Party advocating for the Government to double the tobacco tax increases putting their support at risk?
Moreover, are they risking putting their people into further fiscal hardship, exacerbating all the problems that come along with that?
This hardly feels like news given my utter lack of surprise:
The “crumbling” state of Dunedin Hospital poses clinical, financial and organisational risk, and the facility could be forced to close if a “significant defect” was found, the strategic assessment for the Dunedin Hospital redevelopment says… signed off by Health Minister Jonathan Coleman and Finance Minister Bill English…
The document warns not to expect more money to run services, and the board is encouraged to look at more privatisation.
“The DHB will need to be innovative in the way it finds capital to make things happen.
“As the DHB’s population is not projected to grow as much as other DHBs, the share of funding under the population-based funding formula is likely to reduce.”
The budget is anticipated to break even in 2019-20 but “the steps to break-even are not completely clear at the moment”…
The document was written by consulting firm Sapere Research Group for the politically appointed Southern Partnership Group.
I take this to mean that there will be increasing outsourcing to “Dunedin’s only private surgical hospital” (which, perhaps coincidentally, had the now National Party cabinet minister Woodhouse as CEO immediately preceding his entry to parliament). They certainly have not had any problems coming up with the money for building work, and just two months ago opened an expansion to their facilities (on the understanding that work would soon be coming their way?):
the new Manaaki by Mercy day-stay facility would provide 1400 endoscopy and opthalmology procedures in the next year.
The facility included two theatres, recovery areas, patient consult rooms and cancer treatment facilities, Mr Whitney said…
The facility would also offer contingency capacity beds in support of Mercy Hospital and Dunedin Hospital in the event of a natural disaster
Mercy Hospital is performing cardiac surgery for Dunedin Hospital.
While it is not unusual for work to be outsourced to Mercy, the private hospital has not performed public cardiac surgery before….
A statement from Southern District Health Board patient services medical director Richard Bunton, who is also one of the surgeons performing cardiac surgery at Mercy, said the hospital was ”partnering” with Mercy over the next year while the ICU was upgraded.
That “next year while the ICU was upgraded” may somewhat protracted by the fact that when it comes to construction the Southern Partnership Group chairman says (from first link):
“We have to keep disappointing people who are wanting to know where it’s going to be and what size it’s going to be.
“Next year we will have a better idea of the options, but even then it’s going to be the following year before we narrow it down,” Mr Blair said.
I see that Phil Goff and James Shaw are demonstrating yet again why The New Zealand Super Fund should be wound up and the money spent or returned to the taxpayer, and why politicians shouldn’t have anything to do with people’s investment decisions.
Goff, if I heard this morning’s Morning Report correctly thinks that the Super Fund should invest in Auckland’s more useless, unprofitable, investments.
The aim of the Super fund was to invest in profitable ventures in order, in 20-30 years time it will be able to afford National Super. Phil seems to think it is a great grey green greasy lump of cash to throw at things that will never pay off. Light rail to the airport seems to be one of his favourites.
Shaw seems to believe that the state should decide where people are allowed to invest their own super savings. Ban any Kiwsaver fund from investing, no matter how indirectly, in anyone involved in supplying goods or services to a company in the nuclear industry. No doubt he will expand the rules to any company that makes sugar which is, to a Green, evil, Evil, EVIL. To hell with the fact that people are trying to provide for their retirement. James knows best.
Politicians should never be allowed to get involved in business. They don’t give a damn about benefit to the population they dominate. They just want to give themselves a warm fuzzy feeling.
Shaw is advocating to clear the grey area in our current law.
Apparently, trading shares between shareholders (in unethical investments) isn’t seen as investing in unethical investments, even though the end result is the same. One ends up owning shares in an unethical investment.
Much better to have fraudulent business models like merrill lynch and tax dodge artists like john key to rip off tax payers and investors in the ‘free market’ ????…
It appears most likely american tax payers paid for keys bank of american shares …… it’s a fascinating story and involves merrill lynch being among the worst of the worst and almost bringing down the u.s.a financial system at the start of the GFC ….
And it’s Information I came about thanks to you Alwyn ………..
Key should have his own little pirate flag …………… you’d kiss it 😉
Announced today in Australia: TPP Senate Inquiry welcomed by community group
A Senate inquiry has been called into the Trans-Pacific Partnership trade deal, in response to a letter sent to parliamentarians from 60 community organisations representing over 2 million Australians.
The inquiry was moved jointly by the Greens and the Nick Xenophon Team, supported by the ALP and approved in the Senate on Thursday, September 15.
The TPP is currently being examined by the Joint Standing Committee On Treaties, on which the government has a majority. The assessment of the TPP being considered by the committee has been done by the Department of Foreign Affairs and Trade, which negotiated the Treaty.
“We are delighted that majority in the Senate has answered the call from community organisations representing over 2 million Australians and decided to conduct a Senate inquiry into the TPP,” Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network said today
“The TPP expands corporate rights at the expense of people’s rights and deserves far more critical scrutiny than is possible by the government-dominated Joint Standing Committee on Treaties, which has not conducted independent assessments of the TPP’s economic health and environmental impacts. A Senate inquiry will enable the full critical scrutiny which the TPP deserves.
Bogus? So devastating was the latest One News/Colmar Brunton poll result for Labour that the Opposition leader, Andrew Little, declared it “bogus”. In desperation, Labour released its own – vastly more encouraging – internal poll data from UMR Research. Unfortunately, in political terms, this is a bit like presenting an affidavit testifying to your beauty and intelligence, signed by your Mum.
Brownlee’s being accused by New Zealand First of “spending like a drunken sailor” over the purchase of a new Naval tanker.
Deputy leader Ron Mark claims the new ship is costing the taxpayer twice as much as it should, citing the costs of similar vessels purchased by the Royal Navy and the Norwegian Navy.
so the url: nz among countries with a sex problem? Really, no dear Newshub, NZ has not sex problem, they just don’t get pregnant cause its expensive to have a child, especially if one has no secure tenancy, has no secure job, has no stable income. And that also applies to those that still think they are firmly in the ‘middle class’.
Sub-replacement human fertility is a problem for some humans; supra-replacement fertility is a problem for all humans, and the planet. Neither is sustainable indefinitely, but localised corrections like these are overdue.
Elbridge Colby’s senate confirmation hearing in early March holds more important implications for US partners than most observers in Canberra, Wellington or Suva realise. As President Donald Trump’s nominee for under secretary of defence for ...
China’s defence budget is rising heftily yet again. The 2025 rise will be 7.2 percent, the same as in 2024, the government said on 5 March. But the allocation, officially US$245 billion, is just the ...
Concern is growing about wide-ranging local repercussions of the new Setting of Speed Limits rule, rewritten in 2024 by former transport minister Simeon Brown. In particular, there’s growing fears about what this means for children in particular. A key paradox of the new rule is that NZTA-controlled roads have the ...
Speilmeister:Christopher Luxon’s prime-ministerial pitches notwithstanding, are institutions with billions of dollars at their disposal really going to invest them in a country so obviously in a deep funk?HAVING WOOED THE WORLD’s investors, what, if anything, has New Zealand won? Did Christopher Luxon’s guests board their private jets fizzing with enthusiasm for ...
Christchurch City Council is one of 18 councils and three council-controlled organisations (CCOs) downgraded by ratings agency S&P. Photo: Lynn Grieveson / The KākāMōrena. Long stories shortest:Standard & Poor’s has cut the credit ratings of 18 councils, blaming the new Government’s abrupt reversal of 3 Waters, cuts to capital ...
Figures released by Statistics New Zealand today showed that the economy grew by 0.7% ending the very deep recession seen over the past year, said NZCTU Te Kauae Kaimahi Economist Craig Renney. “Even though GDP grew in the three months to December, our economy is still 1.1% smaller than it ...
What is going on with the price of butter?, RNZ, 19 march 2025: If you have bought butter recently you might have noticed something - it is a lot more expensive. Stats NZ said last week that the price of butter was up 60 percent in February compared to ...
I agree with Will Leben, who wrote in The Strategist about his mistakes, that an important element of being a commentator is being accountable and taking responsibility for things you got wrong. In that spirit, ...
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Two recent foreign challenges suggest that Australia needs urgently to increase its level of defence self-reliance and to ensure that the increased funding that this would require is available. First, the circumnavigation of our continent ...
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According to RNZ’s embedded reporter, the importance of Winston Peters’ talks in Washington this week “cannot be overstated.” Right. “Exceptionally important.” said the maestro himself. This epic importance doesn’t seem to have culminated in anything more than us expressing our “concern” to the Americans about a series of issues that ...
Up until a few weeks ago, I had never heard of "Climate Fresk" and at a guess, this will also be the case for many of you. I stumbled upon it in the self-service training catalog for employees at the company I work at in Germany where it was announced ...
Japan and Australia talk of ‘collective deterrence,’ but they don’t seem to have specific objectives. The relationship needs a clearer direction. The two countries should identify how they complement each other. Each country has two ...
The NZCTU strongly supports the OPC’s decision to issue a code of practice for biometric processing. Our view is that the draft code currently being consulted on is stronger and will be more effective than the exposure code released in early 2024. We are pleased that some of the revisions ...
Australia’s export-oriented industries, particularly agriculture, need to diversify their markets, with a focus on Southeast Asia. This could strengthen economic security and resilience while deepening regional relationships. The Trump administration’s decision to impose tariffs on ...
Minister Shane Jones is introducing fastrack ‘reforms’ to the our fishing industry that will ensure the big players squeeze out the small fishers and entrench an already bankrupt quota system.Our fisheries are under severe stress: the recent decision by theHigh Court ruling that the ...
In what has become regular news, the quarterly ETS auction has failed, with nobody even bothering to bid. The immediate reason is that the carbon price has fallen to around $60, below the auction minimum of $68. And the cause of that is a government which has basically given up ...
US President Donald Trump’s tariff threats have dominated headlines in India in recent weeks. Earlier this month, Trump announced that his reciprocal tariffs—matching other countries’ tariffs on American goods—will go into effect on 2 April, ...
Hi,Back in June of 2021, James Gardner-Hopkins — a former partner at law firm Russell McVeagh — was found guilty of misconduct over sexually inappropriate behaviour with interns.The events all related to law students working as summer interns at Russell McVeagh:As well as intimate touching with a student at his ...
Climate sceptic MP Mark Cameron has slammed National for being ‘out of touch’ by sticking to our climate commitments. Photo: Lynn GrievesonMōrena. Long stories shortest:ACT’s renowned climate sceptic MP Mark Cameron has accused National of being 'out of touch' with farmers by sticking with New Zealand’s Paris accord pledges ...
Now I've heard there was a secret chordThat David played, and it pleased the LordBut you don't really care for music, do you?It goes like this, the fourth, the fifthThe minor falls, the major liftsThe baffled king composing HallelujahSongwriter: Leonard CohenI always thought the lyrics of that great song by ...
People are getting carried away with the virtues of small warship crews. We need to remember the great vice of having few people to run a ship: they’ll quickly tire. Yes, the navy is struggling ...
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US President Donald Trump’s hostile regime has finally forced Europe to wake up. With US officials calling into question the transatlantic alliance, Germany’s incoming chancellor, Friedrich Merz, recently persuaded lawmakers to revise the country’s debt ...
We need to establish clearer political boundaries around national security to avoid politicising ongoing security issues and to better manage secondary effects. The Australian Federal Police (AFP) revealed on 10 March that the Dural caravan ...
The NZCTU Te Kauae Kaimahi have reiterated their call for Government to protect workers by banning engineered stone in a submission on MBIE’s silica dust consultation. “If Brooke van Velden is genuine when she calls for an evidence-based approach to this issue, then she must support a full ban on ...
The Labour Inspectorate could soon be knocking on the door of hundreds of businesses nation-wide, as it launches a major crackdown on those not abiding by the law. NorthTec staff are on edge as Northland’s leading polytechnic proposes to stop 11 programmes across primary industries, forestry, and construction. Union coverage ...
It’s one thing for military personnel to hone skills with first-person view (FPV) drones in racing competitions. It’s quite another for them to transition to the complexities of the battlefield. Drone racing has become a ...
Seymour says there will be no other exemptions granted to schools wanting to opt out of the Compass contract. Photo: Lynn GrievesonLong stories shortest:David Seymour has denied a request from a Christchurch school and any other schools to be exempted from the Compass school lunch programme, saying the contract ...
Russian President Boris Yeltsin, U.S. President Bill Clinton, Ukrainian President Leonid Kuchma, and British Prime Minister John Major signed the Nuclear Nonproliferation Treaty in ...
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Myanmar was a key global site for criminal activity well before the 2021 military coup. Today, illicit industry, especially heroin and methamphetamine production, still defines much of the economy. Nowhere, not even the leafiest districts ...
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Whenever Christopher Luxon drops a classically fatuous clanger or whenever the government has a bad poll – i.e. every week – the talk resumes that he is about to be rolled. This is unlikely for several reasons. For starters, there is no successor. Nicola Willis? Chris Bishop? Simeon Brown? Mark ...
Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a new study by the Kiel Institute suggests. Currently, budget debt rules are forcing governments to finance increases ...
The NZCTU remains strongly committed to banning engineered stone in New Zealand and implementing better occupational health protections for all workers working with silica-containing materials. In this submission to MBIE, the NZCTU outlines that we have an opportunity to learn from Australia’s experience by implementing a full ban of engineered ...
The Prime Minister has announced a big win in trade negotiations with India.It’s huge, he told reporters. We didn't get everything we came for but we were able to agree on free trade in clothing, fabrics, car components, software, IT consulting, spices, tea, rice, and leather goods.He said that for ...
I have been trying to figure out the logic of Trump’s tariff policies and apparent desire for a global trade war. Although he does not appear to comprehend that tariffs are a tax on consumers in the country doing the tariffing, I can (sort of) understand that he may think ...
As Syria and international partners negotiate the country’s future, France has sought to be a convening power. While France has a history of influence in the Middle East, it will have to balance competing Syrian ...
One of the eternal truths about Aotearoa's economy is that we are "capital poor": there's not enough money sloshing around here to fund the expansion of local businesses, or to build the things we want to. Which gets used as an excuse for all sorts of things, like setting up ...
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At a time of rising geopolitical tensions and deepening global fragmentation, the Ukraine war has proved particularly divisive. From the start, the battle lines were clearly drawn: Russia on one side, Ukraine and the West ...
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Max Harris and Max Rashbrooke discuss how we turn around the right wing slogans like nanny state, woke identity politics, and the inefficiency of the public sector – and how we build a progressive agenda. From Donald Trump to David Seymour, from Peter Dutton to Christopher Luxon, we are subject to a ...
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“Bugger the pollsters!”WHEN EVERYBODY LIVED in villages, and every village had a graveyard, the expression “whistling past the graveyard” made more sense. Even so, it’s hard to describe the Coalition Government’s response to the latest Taxpayers’ Union/Curia Research poll any better. Regardless of whether they wanted to go there, or ...
Prof Jane Kelsey examines what the ACT party and the NZ Initiative are up to as they seek to impose on the country their hardline, right wing, neoliberal ideology. A progressive government elected in 2026 would have a huge job putting Humpty Dumpty together again and rebuilding a state that ...
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By international standards the New Zealand healthcare system appears satisfactory – certainly no worse generally than average. Yet it is undergoing another redisorganisation.While doing some unrelated work, I came across some international data on the healthcare sector which seemed to contradict my – and the conventional wisdom’s – view of ...
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What a patsy piece on Parata.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11710547
History will show Hekia is right on this and the left…well they tried their best I suppose
Is that your crystal ball or your navel you’re gazing into, Pucky? Either way, dust or lint is causing poor reception.
I suppose that’s the thing about history is that we’ll have to wait a couple of decades to see I was right
In ten years will have far more pressing and physical issues to worry about, like global avg temps climbing over 2 deg C.
Well when you put it like that
Our economy is performing brilliantly … so are we better off?
Simple answer for 90% of us, Liam.
No.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11710745
A couple of articles he should read.
Economic lies about the “rock star economy”
http://thedailyblog.co.nz/2016/09/13/economic-lies-about-the-rock-star-economy/
We have a rock star economy addicted to meth
http://thedailyblog.co.nz/2016/09/15/we-have-a-rock-star-economy-addicted-to-meth/
“Strip out the student/worker visa scam immigration and rebuilding from a natural disaster and our actual growth rate is a mere .6%”
– But you can’t strip it out, its already there. May as well say without the 3.6% growth we’d have 0% growth
Population growth of 2.1% and annual growth of 3.6% should produce per capita growth of 1.5%. So I am a bit skeptical about the Westpac economist analysis which produced the 0.6% figure.
A fair bit of the population growth is in people with temporary and student visas. Many of them, especially students, will be in relatively low paid jobs, so i would wonder if they really increase per capita growth, as opposed to just matching population growth.
I appreciate the actual increase in activity might be concentrated in certain sectors such as construction, but it is invariably the case certain sectors grow faster than other. A few years ago the high growth sector was dairy. In fact you can have declining sectors even in a period of high growth.
Probably the best thing about current growth is that it will reduce unemployment, especially among younger people with limited skills. In fact construction generates quite a few moderate and low skilled jobs. It gets them on the ladder to better jobs.
In North Shore (nearly 10% of the NZ population and a reasonable reflection of much of New Zealand – though I accept North Shore as a whole is better off than say South Auckland) the effects of growth are pretty evident, and seem widespread.
Really great growth in the poverty area too Wayne. Food banks are creaming it and the Salvation Army et al are having a prolonged growth spurt. Prison growth must hold you in awe and it must be heartening to see your brighter future blossoming.
🙂
Growth in our community food bank has been an astonishing 100% over the past year. I wonder if Bill will crow about that?
Poverty ? What’s poverty ? Wayne doesn’t see poverty. Wayne is a perennial ‘Young Nat to Old Nat’ trougher. Wayne’s acknowledgment of such ‘horridness’ is to the scandalously temeritous mention of it, rather than the fact of it.
Actually, you can. If the bits keeping the aggregate high are outliers, then yeah, it’s misleading to keep them in.
If everywhere in the country was in recession, but wgtn had gdp increase of 1000%, then the figures would say “healthy growth” when the facts for almost everyone on the ground are “recession”.
Is this the way to solve Auckland’s traffic woes?
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11710710
No.
This is.
Here is a list of cities that currently provide public transport for free.
https://farefreepublictransport.com/city/
At the same time you have to massively ramp up the cost of using personal car transport on Auckland’s motorways, otherwise as the roads empty out it will become more appealing and more convenient to get back into cars.
At the same time you have to massively ramp up the cost of using personal car transport…
No you don’t. You can give the petrol away for free and reduce its availability at something like 15% per annum and we get to be fossil free (ie – car free) by around 2030.
If you insist on looking at in terms of $$$, then maybe the prospect of a stranded asset – that 4WD that’s destined to be junk and impossible to re-sell would be a good enough incentive to get off the personal transport gravy train (sorry for the mixed metaphor 😉 )
edit – should edit to add that the initial cost of giving petrol away for free would be less than $2 billion and that we currently subsidise the fossil industry to the tune of about $2.5 billion per annum.
Yes, you could potentially do it the ‘free but reducing volume’ way. However a population trained to think in terms of electronic dollars and not physical reality could end up pretty confused with how to correctly anticipate and appropriately act.
meh – fill the tank. Bowsers cut out when pre-programmed trajectories of delivery volumes are exceeded and back on again when trajectories are back in range. (Have current and likely availability prominently displayed in a user friendly format in every forecourt)
In essence, getting petrol would be no different to the present, where motorists drive to the station that lets them cash in that supermarket docket or to the one that has a slightly lower price.
As for buying a $40 000 hunk of metal (or whatever it might cost in 2020 or 2025) with the expectation that some of the outlay will be recouped further down the line, well…the world’s full of thems that does stupid.
Keith Olbermann – Hillary was Wrong. All of Trump’s Supporters Are “Deplorable”
https://youtu.be/lctYermoe-o
Promises promises….
.
Donald Trump has made it clear he will nominate Peter Thiel to the Supreme Court if he wins the presidency, Thiel has told friends, according to a source close to the PayPal co-founder.
Trump “deeply loves Peter Thiel,” and people in the real estate mogul’s inner circle are talking about Thiel as a Supreme Court nominee, a separate source close to Trump told The Huffington Post. That source, who has not spoken to Trump directly about Thiel being nominated to the Court, cautioned that Trump’s offers often fail to materialize in real life.
http://www.huffingtonpost.com/entry/trump-peter-thiel-supreme-court_us_57d80d57e4b09d7a687f9b03
…salmonella….listeria…..what could possibly go wrong…
http://thehill.com/regulation/healthcare/296152-trump-says-he-would-eliminate-food-safety-regulations
Ahhh yes the elitist superiority of the lefty commentariat.
In other news, latest CBS/NY Times 4 way national poll including Stein and Johnson: Clinton and Trump are TIED on 42% each.
The Democrats should have picked Bernie, the stronger, untainted, more left wing candidate, instead of going with the Wall St bankster backed candidate.
i have just listened to an apologist for human trafficking responding to allegations from a labour department investigation.
foreign fruit picker being paid $10 an hour and ‘housed’ in an unsuitable caravan.
he suggested id cards for workers amongst other things.
how about a card for the exploitative employer?
i see a direct link from this, to dear leaders pontifications on kiwi workers being lazy, stoned and lacking ambition.
Beneficiaries were drug-tested some time last year… of the 8,000 tested, 22 failed.
Let’s test 8,000 employers and see what the result is …. addled like they are by ‘p’ and coke and speed and pot ….
spot on, vto.
not that you will read that in too many papers.
some of these emplyers appear to be addled by $ and the need to accumulate more $.
Joseph Stiglitz Says Standard Economics Is Wrong. Inequality and Unearned Income Kills the Economy
It always surprises me that so many people are fooled into thinking that making the rich richer will help them. We have the evidence, it’s been around for centuries and even millennia, that having rich people actually destroys entire societies.
Of course, Stiglitz is still stuck in the delusion that we need growth. Development yes, growth no.
Buyer’s remorse, with bells.
http://www.huffingtonpost.co.uk/entry/brexit-eu-referendum-people-regretting-leave-vote_uk_5770e6b3e4b08d2c56397a46
More like complete dumb arses
More mainstream media bullshit. The corporate MSM always wanted REMAIN to win.
Yep. In 10 years everyone within the UK will be thanking the leave vote.
Within about 5 years I think. That migrant flood from Africa and the ME is only going to intensify.
http://www.kiwiblog.co.nz/2016/09/bottom_decile_better_off_now_than_under_labour.html
“with the top 10 per cent of households forecast to pay 37.2 per cent of income tax in 2016/17, compared with 35.5 per cent in 2007/08.”
“the 30 per cent of households with the lowest incomes are forecast to pay just 5.4 per cent of income tax, compared with 6.3 per cent in 2007/08.”
So if you want a fairer NZ where the richer households pay more tax and the poorer households pay less tax then the answer is obvious: vote National 🙂
The top 10% own 60% of all wealth and should, therefore, be paying 60% of all taxes.
@ Draco agreed, except possibly it is more than 60% that the top 10% now own??
The survey completely ignores GST paid and any other taxes such as rates.
The survey should look at the change in disposable income: top 10% versus bottom 30% and disposable income after housing costs (especially rent) top 10% versus bottom 30%, since the Gnats came to power. That will tell a completely different story.
We are being softened up for tax cuts before the election by the childish simplistic Seymour.
Hey Draco the richer are paying more tax under National then they did under Labour which means the trend is going in the right direction
Give your vote john Key so the trend continues 🙂
when you have less you pay less tax. Assuming that there’s no shenanigans with juking the figures on who pays how much tax, e.g. gst vs paye… lol oh wait, exactly that…
well according to Gareth Morgan no?
http://morganfoundation.org.nz/new-zealand-income-tax-unfair-favours-rich/
you know the guy who is on record for not paying taxes as is his son?
https://www.tvnz.co.nz/one-news/business/only-half-of-nz-s-most-wealthy-paying-top-tax-rate-6200604
http://www.stuff.co.nz/dominion-post/business/6295855/Morgan-I-should-be-taxed-more
lol, mate, no money in the world could entice me to vote for the Hairpuller in Chief. He is just that disgusting.
They worked to what the system allowed them to do. They didn’t do anything criminal.
And good of them for highlighting issues with the NZ tax system and remarking on how unfair it is.
Your attitude exemplifies why trying to get on with the left wing is a useless, thankless task.
Some of us on the left appreciate Gareths honesty CV.
Well there is plenty of corporate welfare for Hollywood in NZ. Millions on the legal case on Dotcom…. the irony of the money laundering charges against Dotcom from Hollywood when Hollywood and actors are one of the biggest users of tax havens shown up in the Panama papers (after politicians).
Oh well, we all know that once you become super rich, you are not only exempt from paying normal taxes, but you can also buy politicians and use tax payer funds to hunt out any rivals and make them pick up your legal bill.
Meanwhile on the Dotcom case apparently illegal US behaviour is not relevant to the case????
“Mr Van der Kolk and Mr Ortmann’s lawyer, Grant Illingworth, told the High Court that, crucially, the court had not let the men present evidence of unlawful US behaviour.
“[That includes] a massive search and seizure, manufacturing a situation of urgency in order to get procedural shortcuts … covering up the unlawful activities that preceded the [arrests], downstream attempts to cover that up including a police officer giving incorrect information to this court, [and] unlawfully sending clones of hard drives overseas.”
They had also been prevented from presenting evidence from US extradition law experts that would have shown the charges were not extraditable crimes, defence lawyers said.”
http://www.radionz.co.nz/news/national/313289/extra-evidence-would-not-have-helped-dotcom-crown
And the US is keeping that money they raided illegally.
http://www.radionz.co.nz/news/national/310864/us-courts-refuse-to-release-dotcom's-assets
Maybe Dotcom should have gone with Joyce’s defence of ‘pretty legal’…
Not sure what you’re talking about has any relevance but that’s ok, send this into Grant Robertson and you’ll probably get a job on his media team 🙂
why are you trying to talk taxes while not including all forms of taxation and share of income/wealth?
its completely dishonest –
questioned and answered 🙂
yes, quite – questioned and answered multiple times over several years even
i just cant believe that the net tax lie keeps coming back to life. – Either people are very gullible or very deceitful for it to keep being used time and again
kind of staggered that people wont see the giant hole in the argument and just go back to the start – rinse and repeat
PR, thats just farkin abart wiv pissentichers.
Maybe the bottom 30% have had a reduction in their share of overall income commensurate with the reduction in share of direct income taxes paid…… and conversely the top 10% have had a much larger increase in their income which has led to an increase in their overall share of direct tax paid.
So if you want to make out that the rich are getting hit, give them shitloads more and they end up paying more tax.
Just saying that in comparison to Labour National are doing a better job of taxing the rich and the poor 🙂
but you’re using nonsense to say it – that doesnt actually work
DPF is only talking income tax – which isnt all tax.
He’s engaging in a deliberate lie
Will he “stick it to Wall Street”? Probably by crashing it again.
Meanwhile, the racism and misogyny he’s sponsoring continues to take its toll:
http://www.salon.com/2016/03/30/trump_supporters_first_pepper_spray_then_yell_nr_lover_to_15_year_old_protester_in_paul_ryans_hometown/
If you’re supporting Trump, these are the people standing at your side. Did you ever think that you’d make common cause with them?
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11710932
Men, your country needs you! Time to stand up (or sit or lie, however your prefer) and take this issue in both hands and do it for NZ! 🙂
I hear Shane Jones is already getting warmed up and Len Browns bursting at the seems 😉
Should Len Brown’s DNA be spread about in such a way ?
It would only serve to fill the population with (more) numpties, retard dancers and face self-slappers.
Aw c’mon, its a Friday so lighten up a little 🙂
Hey, Pucky. Could you take a peek into your crystal ball and or navel and tell me what you see ahead for Chester Burrows?
I’m not sure, hes been under the radar for a while now, I’ll send out my little birds and see what comes up
Unless you have some information perhaps..?
NZ First?
With a high number of Maori in the lower social economic group and with a large number continuing to smoke, is the Māori Party advocating for the Government to double the tobacco tax increases putting their support at risk?
Moreover, are they risking putting their people into further fiscal hardship, exacerbating all the problems that come along with that?
I believe so. What say you?
http://www.newshub.co.nz/politics/maori-party-mp-marama-fox-wants-cigarettes-banned-2016091420
This hardly feels like news given my utter lack of surprise:
https://www.odt.co.nz/news/dunedin/health/hospital%E2%80%99s-facilities-crumbling
I take this to mean that there will be increasing outsourcing to “Dunedin’s only private surgical hospital” (which, perhaps coincidentally, had the now National Party cabinet minister Woodhouse as CEO immediately preceding his entry to parliament). They certainly have not had any problems coming up with the money for building work, and just two months ago opened an expansion to their facilities (on the understanding that work would soon be coming their way?):
https://www.odt.co.nz/news/dunedin/hospital-day-stay-facility-opened
https://www.odt.co.nz/news/dunedin/health/public-heart-surgery-mercy-hospital
That “next year while the ICU was upgraded” may somewhat protracted by the fact that when it comes to construction the Southern Partnership Group chairman says (from first link):
Thanks for sharing.
Mercy Hospital Cabinet Club rewards.
Pasupial,
In respect of ICU, that unit is being rebuilt, in the same part of the ward block, to be finished in early 2018.
It is however expected to be redundant in 7-10 years, because a new ICU will likely be part of the $300m rebuild.
There’s a bit more detail here:
https://www.odt.co.nz/news/dunedin/date-set-start-new-icu
https://www.odt.co.nz/news/dunedin/intensive-care-plan-revealed
Pasupial,
In respect of the ICU, that unit is being rebuilt, in the same part of the ward block, to be finished in early 2018.
It is expected to be redundant in 7-10 years, because a new ICU will likely be part of the $300m rebuild.
There’s a bit more detail here:
https://www.odt.co.nz/news/dunedin/date-set-start-new-icu
https://www.odt.co.nz/news/dunedin/intensive-care-plan-revealed
http://www.stuff.co.nz/national/politics/opinion/84243686/poor-polls-sensitive-issue-as-labour-mps-brace-for-genderbalanced-list
Will Labour keep its pledge to gender balance its caucus by 2017 ? This will be interesting.
wasnt that only ever a goal and not a fixed line in the sand?
you know – aspirational stuff
No – they actually passed it by the looks:
http://www.stuff.co.nz/national/politics/9357211/Labours-gender-quota-gets-go-ahead
Well, this could be awkward for a few MP’s
I see that Phil Goff and James Shaw are demonstrating yet again why The New Zealand Super Fund should be wound up and the money spent or returned to the taxpayer, and why politicians shouldn’t have anything to do with people’s investment decisions.
Goff, if I heard this morning’s Morning Report correctly thinks that the Super Fund should invest in Auckland’s more useless, unprofitable, investments.
The aim of the Super fund was to invest in profitable ventures in order, in 20-30 years time it will be able to afford National Super. Phil seems to think it is a great grey green greasy lump of cash to throw at things that will never pay off. Light rail to the airport seems to be one of his favourites.
Shaw seems to believe that the state should decide where people are allowed to invest their own super savings. Ban any Kiwsaver fund from investing, no matter how indirectly, in anyone involved in supplying goods or services to a company in the nuclear industry. No doubt he will expand the rules to any company that makes sugar which is, to a Green, evil, Evil, EVIL. To hell with the fact that people are trying to provide for their retirement. James knows best.
Politicians should never be allowed to get involved in business. They don’t give a damn about benefit to the population they dominate. They just want to give themselves a warm fuzzy feeling.
Shaw is advocating to clear the grey area in our current law.
Apparently, trading shares between shareholders (in unethical investments) isn’t seen as investing in unethical investments, even though the end result is the same. One ends up owning shares in an unethical investment.
Keep pumping that sugar Alwyn. It’s good for shortening your life.
Much better to have fraudulent business models like merrill lynch and tax dodge artists like john key to rip off tax payers and investors in the ‘free market’ ????…
It appears most likely american tax payers paid for keys bank of american shares …… it’s a fascinating story and involves merrill lynch being among the worst of the worst and almost bringing down the u.s.a financial system at the start of the GFC ….
And it’s Information I came about thanks to you Alwyn ………..
Key should have his own little pirate flag …………… you’d kiss it 😉
Announced today in Australia: TPP Senate Inquiry welcomed by community group
http://www.scoop.co.nz/stories/WO1609/S00034/tpp-senate-inquiry-welcomed-by-community-groups.htm
No such luck here in NZ.
Mr Trotter on the Polls and the UMR release…
http://bowalleyroad.blogspot.co.nz/2016/09/a-better-poll.html
Love the opening …
Bogus? So devastating was the latest One News/Colmar Brunton poll result for Labour that the Opposition leader, Andrew Little, declared it “bogus”. In desperation, Labour released its own – vastly more encouraging – internal poll data from UMR Research. Unfortunately, in political terms, this is a bit like presenting an affidavit testifying to your beauty and intelligence, signed by your Mum.
Clinton will lose the election, either by resigning due to Parkinsons disease (rumour) or simply trumped……maybe Bernie will replace her?
Brownlee’s being accused by New Zealand First of “spending like a drunken sailor” over the purchase of a new Naval tanker.
Deputy leader Ron Mark claims the new ship is costing the taxpayer twice as much as it should, citing the costs of similar vessels purchased by the Royal Navy and the Norwegian Navy.
http://www.newshub.co.nz/politics/new-navy-ship-a-rip-off-nz-first-claims-2016091216
National’s economic (mis)management coming to the fore again.
To be fair, NZ has a somewhat questionable history when it comes to defence procurements.
True but I don’t think that there’s been a case where they’ve paid twice as much for the same item.
I can neither confirm nor deny offhand.
However, I’ve yet to hear Brownlee’s side of it.
He may have a legitimate excuse. Then again, he may not.
It’s been estimated Japan’s population could fall by half in just 24 years.
On average, a country needs a birth rate of 2.2 children per woman just to hold the population steady – what’s known as “replacement fertility”.
Japan’s at 1.4
New Zealand is also below that line, at 2.04
Australia’s got it worse – just 1.77
The world’s worst is Singapore – 0.81.
http://www.newshub.co.nz/nznews/nz-among-countries-with-a-sex-problem-2016091420?ref=ves-nextauto
so the url: nz among countries with a sex problem? Really, no dear Newshub, NZ has not sex problem, they just don’t get pregnant cause its expensive to have a child, especially if one has no secure tenancy, has no secure job, has no stable income. And that also applies to those that still think they are firmly in the ‘middle class’.
Newshub, stupid shite as always.
No sex problem?
http://www.stuff.co.nz/national/84167679/new-zealand-is-no-paradise-is-it-the-most-sexist-place-on-earth
Reducing population sounds like a bloody good thing to me – bring it on and spread it around a lot more.
Sub-replacement human fertility is a problem for some humans; supra-replacement fertility is a problem for all humans, and the planet. Neither is sustainable indefinitely, but localised corrections like these are overdue.