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77% of NZ’s business leaders say a CGT or equivalent is needed as chorus for CGT increases

Written By: - Date published: 7:06 pm, October 16th, 2024 - 90 comments

ANZ, ASB and Simplicity are the latest to join the 77% of business leaders who now say CGT is essential for NZ. CGT goes wholly to the government so why is Luxon so against it?

NZ Election: National’s tax policy

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.

Chloe Swarbrick: We don’t live in a game of Monopoly

Written By: - Date published: 10:04 am, March 10th, 2023 - 49 comments

The case for redistribution of wealth in New Zealand.

The smartest guys in the room

Written By: - Date published: 7:08 am, December 24th, 2022 - 9 comments

Vector has received a warning letter from the Commerce Commission for attempting to artificially boost the value of assets so that price increases for power could be imposed.

BusinessNZ has been telling porkies about fair pay agreements

Written By: - Date published: 7:55 am, June 13th, 2022 - 10 comments

BusinessNZ’s attempt to put New Zealand on the ILO naughty list because of fair pay agreements has failed.

The importance of proper mask wearing

Written By: - Date published: 8:58 am, January 27th, 2022 - 55 comments

With an Omicron surge appearing to be inevitable the importance of proper mask wearing has never been more important.

Revisiting Riverton: the Longwood Loop food resiliency project

Written By: - Date published: 6:15 am, December 22nd, 2021 - 22 comments

Key here is the resilience politics of greenies, DIYers and anarchists, where we just don’t wait for the government to act, we get on with and build the new ways ourselves.

The 2022 Economic Boom

Written By: - Date published: 11:18 am, December 12th, 2021 - 23 comments

New Zealand is seeing a strong, business-led recovery.  But what will we do with this success?

Fair pay agreements – the employers fight back

Written By: - Date published: 10:19 am, December 11th, 2021 - 48 comments

BusinessNZ and Federated Farmers have this week attacked the Government for intending to implement policy designed to improve the plight of poorly paid workers.

Fonterra’s Capital Restructure

Written By: - Date published: 2:26 pm, December 7th, 2021 - 32 comments

Fonterra is in the middle of a big restructure of its capital. It is still the case given its dominance over us that where Milk Supertanker Fonterra goes, we go.

ANZ Bank clearly believes that greed is good

Written By: - Date published: 9:00 am, October 29th, 2021 - 131 comments

ANZ Bank has  just announced a $1.92 billion profit for the year to September 30, 2021.  This is about 1% of the nation’s Gross Domestic Product.

Won’t someone think of the business owners?

Written By: - Date published: 12:04 pm, October 24th, 2021 - 174 comments

This week Judith Collins was reported to be close to tears.  But not about the possibility of a significant number of deaths but by the prospect of business closures.

Have we just thrown the fight, before the war has ended?

Written By: - Date published: 8:59 am, October 6th, 2021 - 53 comments

With all the unfortunate rhetoric around “giving up on the elimination strategy”.

Small businesspeople around me, who have quietly carried on with the program, and have been supportive of the Government strategy of elimination, even though, in many cases, it has been personally costly, are telling me,, “why did we bother”!

It doesn’t matter if it is the actual Government intention, or the media interpretation, the damage has now been done.

Government introduces law to assist tenants

Written By: - Date published: 8:59 am, September 29th, 2021 - 19 comments

Barry Soper and the Property Council are up in arms about proposals to ensure that all commercial tenants should only pay a fair proportion of their rental if their use of the premises has been affected by responses to the Covid pandemic.

Riverton rocks: support the pilot for social and economic rejuvenation and resilience in rural NZ

Written By: - Date published: 6:05 am, May 31st, 2021 - 12 comments

The South Coast Environment Centre is creating a local food network that connects growers and customers directly, creates food resiliency, and keeps money in the local economy. Today is the last day of their Pledgeme, and they need a bit more support to push them over the top.

Where Did Business Go?

Written By: - Date published: 8:56 am, May 22nd, 2021 - 34 comments

Back in the day when we had useful Opposition, business leadership could be relied upon to think as if they had interests in common as business. This budget, their ability to think let alone lead has deserted them.

What local food can look like (and why)

Written By: - Date published: 6:05 am, May 21st, 2021 - 10 comments

The South Coast Environment Centre is creating a local food network that connects growers and customers directly, creates food resiliency, and keeps money in the local economy. This is an exemplar of climate, economic and community sustainability.

Onya Michael

Written By: - Date published: 8:47 am, May 8th, 2021 - 34 comments

Yesterday Minister of Labour Michael Wood led the announcement of a policy that conceivably could do more to address the decline in workers wages and conditions over the past 40 years than anything else tried recently.

The daily critics whinge

Written By: - Date published: 4:09 pm, April 16th, 2021 - 22 comments

I was just reading a post by Bryan Gould on his current perspective on news media in “The Government v. the people”. It resonated because some news and opinion media are getting tedious. It made me reflect on my current habits because much of what he is discussing is that I remember as something in my rear view mirror. Not what I do today.

The Unbearable Lightness of the Bright-Line Test

Written By: - Date published: 4:20 pm, March 13th, 2021 - 96 comments

The bright-line test is a red herring and does nothing to deter housing speculation.

You have 30 min to get your business in order!

Written By: - Date published: 12:50 pm, March 12th, 2021 - 77 comments

Government should have announced the decision for Auckland to go down to Level 1 first thing this morning.

So! You want a “plan”?

Written By: - Date published: 4:36 pm, March 11th, 2021 - 50 comments

Expecting a bit much aren’t you? We haven’t had that since Muldoon. At least he had them. The kind of people now asking for a plan were those who complained about governments that “interfered with the sacred ‘free market’” and screamed about “central planning”, “picking winners”, “protectionism” etc. They prefer just getting cheap labour to give the illusion of economic growth. And build a cycleway!

Senior Business Leaders Call Out To Government. Again

Written By: - Date published: 8:12 am, March 3rd, 2021 - 41 comments

Senior business leaders have called for more openness and clarity from the Government on its plan for getting New Zealand to “COVID normal”.  But have failed to say what they would do to contribute or what they are doing to help.

Is New Zealand’s The Best Little Economy In The World?

Written By: - Date published: 7:23 am, January 26th, 2021 - 53 comments

New Zealand is the best-managed country in the world. And currently has one of the best economies.

C’mon Grant

Written By: - Date published: 10:40 am, November 18th, 2020 - 51 comments

This government must demonstrate that it has the ability to lead the New Zealand economy where it has stated it wants it to go. It does not want more headlines like the average house in Auckland now being priced at $1 million.

Mood of the Boardroom: National is toast

Written By: - Date published: 11:07 am, September 28th, 2020 - 45 comments

The NZ Herald Mood of the Boardroom finance election debate should be for National what it is like attending a Living Wage campaign meeting for Labour.  They should be at home and the participants should be solidly behind them.  But not this year.

Choosing ‘enough’ rather than ‘more’

Written By: - Date published: 6:05 am, September 18th, 2020 - 104 comments

A brief look at steady state economics and the values of enough rather than more.

“Reds under the Bed”.

Written By: - Date published: 8:40 am, September 4th, 2020 - 78 comments

Everyone has recently had an education on  “Socialism” working in practice.

And a graphic illustration of the shortcomings, of under regulated “Free market” Capitalism, Globalism, tax cuts for the rich, and the mania for monetising everything in sight, and “running it like a business”.

National’s policy platform

Written By: - Date published: 8:35 am, August 5th, 2020 - 45 comments

For a party that promised to be a policy factory National’s policy offerings are severely deficient.

Quarantine costs – critics fruitlessly whine

Written By: - Date published: 9:13 am, July 30th, 2020 - 28 comments

I’m reasonably happy with where the coalition wound up on the quarantine cost recovery. It sends a clear economic signal to businesses and the fools who want to travel during a global pandemic. It will discourage some of the stupidity of the travel addicted. It also balances the legal position. Something that most of the critics clearly aren’t thinking through and cause them to whine without realistic alternatives

New Zealand believes Labour are better economic managers than National

Written By: - Date published: 7:51 am, July 28th, 2020 - 51 comments

There used to be a mantra in New Zealand politics that National were always perceived to be better managers of the economy than Labour.  Until now.

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