Posts on the economy, work, business, income, and labour
Written By: - Date published: 10:31 pm, September 27th, 2023 - 16 comments
Earlier this year Andrew Marr wrote in the New Statesmen, that Britain’s problem was that it wanted Scandinavian levels of Public Services and North American levels of taxation. His view was that Britain was overdue for an honest debate about tax and public spending. In New Zealand, there is a similar challenge.
Written By: - Date published: 8:58 am, September 25th, 2023 - 39 comments
Nicola Willis has essentially confirmed that the design of National’s foreign purchase of land tax was and remains sufficient to be done on the back of an envelope.
Written By: - Date published: 7:59 am, September 24th, 2023 - 22 comments
After Stats NZ shot down National’s claim that the country is in recession National pirouetted by claiming that New Zealand WILL be in recession in the near future and that the Reserve Bank has predicted this. But according to the Reserve Bank this may not be true …
Written By: - Date published: 9:07 am, September 21st, 2023 - 7 comments
A year ago this month, the Liz Truss/Kwasi Kwarteng mini-budget destroyed once and for all the myth that the Tories are better at managing the economy. The New Zealand National Party could not even wait until they were in government to prove the same applies to them.
Written By: - Date published: 6:01 am, September 20th, 2023 - 15 comments
From the outside, the New Zealand 2023 General Election seems both lacklustre and slightly strange. The Labour Government, having won a huge majority in 2020 is now fighting for its political life. Yet National, the main centre-right opposition party is still on average polling significantly worse now than they were when it lost power in 2017.
Written By: - Date published: 5:06 am, September 17th, 2023 - 9 comments
I like my Huawei phone. I’m looking forward to the new Mate 60Pro. It’s launch means the US-led sanctions aiming to crush Huawei, with New Zealand as a fast follower, have completely failed to set back Chinese technology.
Written By: - Date published: 2:01 pm, September 16th, 2023 - 19 comments
“Everyone should be able to spend quality time with their whānau and friends”
Written By: - Date published: 8:19 am, September 14th, 2023 - 115 comments
Independent economists have calculated that there is a half a billion dollar hole in National’s foreigner land purchase tax policy.
Written By: - Date published: 9:23 am, September 13th, 2023 - 2 comments
A damning report from Russel Norman on how the agricultural industry blocked climate action for the past two decades.
Written By: - Date published: 9:17 am, September 13th, 2023 - 26 comments
National has reached new levels of excessive hyperbole in response to the PREFU release which was better than expected.
Written By: - Date published: 8:58 am, September 5th, 2023 - 51 comments
National, which perfected the art of dirty politics, and which has spent the past couple of years being relentlessly negative and which has had its sock puppets attack individual Labour MPs mercilessly is deeply, deeply, deeply upset that the CTU has pointed out to the public what a Christopher Luxon led Government would actually mean.
Written By: - Date published: 9:30 am, September 2nd, 2023 - 40 comments
When the history of the 2023 New Zealand Aotearoa general election is written and if Labour gets up to win historians will point to the events of this week as the turning point in what has already been a dramatic year in politics. Because I cannot believe how bad National’s tax cut policy release has been researched and structured and how bad its release is going.
Written By: - Date published: 2:48 pm, September 1st, 2023 - 21 comments
Queenstown Airport has over three decades generated a radial wealth local effect. The economic and social uplift has been massive. That doesn’t mean there will be similar economic benefits by building another one within just over an hours’ drive of the first one.
Written By: - Date published: 8:48 am, September 1st, 2023 - 30 comments
National’s announcement of four new taxes to fund tax cuts rely on herculean assumptions that will never be met. And their proposal for climate change will undermine the slow but steady progress the country has been making to meeting its emission reduction goals.
Written By: - Date published: 7:00 am, August 29th, 2023 - 35 comments
Fonterra represents New Zealand’s largest internal economic threat. And promise.
Written By: - Date published: 5:51 am, August 27th, 2023 - 25 comments
Belief in capricious gods would explain the perplexing habit of governments with intelligent and informed people to embrace policies which are manifestly an example of self-destructive stupidity. Clever people doing stupid things.
Written By: - Date published: 8:00 am, August 20th, 2023 - 22 comments
Dr Mike Joy on the ecological imperative of degrowth
Written By: - Date published: 2:06 pm, August 13th, 2023 - 168 comments
As predicted Labour has announced a policy of taking GST off fresh fruit and vegetables and a significant adjustment to Working for Families In House Tax Credit levels and the Thresholds.
Written By: - Date published: 9:08 am, August 9th, 2023 - 29 comments
How come New Zealand got to build an entire electricity generating system that lasted for 70 years without much private capital from one massive dam to geothermal and all those pylons and substations and network systems without Blackrock?
Written By: - Date published: 9:03 am, August 9th, 2023 - 4 comments
Some big news yesterday as the Government announced a deal with US Investment Firm Blackrock for a $2 billion fund for renewable electricity projects.
Written By: - Date published: 9:59 am, August 5th, 2023 - 32 comments
“It’s clear domestic food supply chains have been increasingly challenged by natural disasters and the ongoing impact of climate change.”
Written By: - Date published: 2:57 pm, July 30th, 2023 - 31 comments
My 2c on what I think Chris Hipkins needs to do to win this year’s election.
Written By: - Date published: 7:47 am, July 30th, 2023 - 163 comments
We need to recognise our risk to the capital flight risk of the 1%, but also recognise the benefit to the 99% of us.
Written By: - Date published: 10:53 am, July 28th, 2023 - 87 comments
National’s Nicola Willis has claimed that Labour will soon announce policy to take GST off fresh fruit and vegetables.
Written By: - Date published: 12:14 pm, July 14th, 2023 - 63 comments
Act has declared its class prejudice by advocating for the cancellation of the free lunch in schools programme even though the benefits are clear and recognised and the programme helps poor kids’ nutrition and education.