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National will be gutted – Moodys gives New Zealand an Aaa credit rating

Written By: - Date published: 12:47 pm, September 23rd, 2018 - 59 comments

National’s chicken little the sky is falling mantra about New Zealand’s economy has been dealt a large hole by Moody’s confirming New Zealand’s Aaa AAA credit rating.

Tax Working Group report depressing reading

Written By: - Date published: 6:10 pm, September 21st, 2018 - 66 comments

The Tax Working Group says the gaping holes in our tax system make it unfair and undermine its integrity, but the prospect of the electorate embracing even its limited recommendations on taxing capital gains make for depressing contemplation.

GDP figures expose business confidence survey nonsense

Written By: - Date published: 1:29 pm, September 20th, 2018 - 99 comments

ANZ Bank’s Outlook business confidence survey has been forecasting gloom and doom for the economy ever since the surprise election result turfed out the National Party. Today’s GDP data showed the economy has actually been pumping along faster than the Reserve Bank believes is good for it.

Someone tell the business sector, Kiwis like this Government

Written By: - Date published: 8:00 am, September 18th, 2018 - 29 comments

A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.

They got bailed out and we got sold out

Written By: - Date published: 12:05 pm, September 15th, 2018 - 56 comments

Ros Wynne Jones in the Daily Mirror excoriates the excesses of the Banking system and wonders why the rest of us tolerate bankers’ behaviour.

What does it take for bosses not to get their bonus?

Written By: - Date published: 11:26 am, September 13th, 2018 - 17 comments

Why is it that all risk lies with the shareholders? Why does poor performance by a company not result in CEO and top management bonuses being clawed back?

Fonterra’s loss

Written By: - Date published: 9:35 am, September 13th, 2018 - 67 comments

Fonterra has just reported an after tax loss of $196 million for the 2018 year. It’s never had an annual loss in its history.

Business confidence verses business certainty

Written By: - Date published: 11:13 am, August 31st, 2018 - 37 comments

Lately the news has been all doom and gloom about business confidence.  But what is the reality?  And should we worry what an Australian Bank is telling us?

Period. End. Done.

Written By: - Date published: 12:12 pm, August 26th, 2018 - 42 comments

The Scottish government has just taken a massive step to eradicate period poverty. Why not here?

Elizabeth Warren and Accountable Capitalism

Written By: - Date published: 8:30 am, August 21st, 2018 - 22 comments

U.S. Senator Elizabeth Warren is proposing a law change that would require US corporations to consider its workers and community in company decisions and prevent political donations from being made unless 75% of shareholders agreed.

Let them fall

Written By: - Date published: 8:00 am, August 3rd, 2018 - 105 comments

We’ve seen a fair few construction companies go under or get close to it recently.

Corporatism.

Written By: - Date published: 12:35 pm, August 1st, 2018 - 44 comments

Hand in hand with “compassionate liberalism”.

Scrap the spending cap

Written By: - Date published: 8:45 am, July 23rd, 2018 - 152 comments

Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.

Is Matthew Hooton becoming a socialist?

Written By: - Date published: 8:38 am, July 20th, 2018 - 41 comments

Occasional Standard reader Matthew Hooton has written a cogent column on industrial relations in which he realises and accepts that wages for ordinary workers are too low.

Arses and Elbows

Written By: - Date published: 11:35 am, July 1st, 2018 - 50 comments

Deserving workers and undeserving workers in the public service.

updated

Liberalism Uber Alles

Written By: - Date published: 11:29 am, June 13th, 2018 - 32 comments

If the political class think liberalism has failed, then why is it that the process of killing off NZ Post is approaching completion?

Is it OK to bring a hand grenade to a business meeting?

Written By: - Date published: 8:15 am, June 11th, 2018 - 15 comments

Darien Fenton writes about Business New Zealand’s early approach to the Fair Pay panel.

Fair Pay Agreements – a no-brainer

Written By: - Date published: 1:09 pm, June 8th, 2018 - 32 comments

Remember when you could pay a mortgage, keep the kitchen cupboard full, take the kids to the movies now and then, by working as a bus driver, a freezing worker, a journalist, or any number of other solid middle-Kiwi jobs? When a decent working life was a given…

Comrade Simon supports Nurses Strike

Written By: - Date published: 3:52 pm, May 28th, 2018 - 21 comments

For the first time possibly ever a National leader has supported the right of the rank and file to engage in industrial action to improve their living conditions.

Fudget for Austerity

Written By: - Date published: 12:31 pm, May 19th, 2018 - 71 comments

Some proposals on why we just got the budget we did.

Squeeze

Written By: - Date published: 9:17 am, May 13th, 2018 - 40 comments

This is as good a year as it is going to get to squeeze your employer for a fair wage.

A Great Business Opportunity

Written By: - Date published: 10:03 am, May 6th, 2018 - 55 comments

410 ppm. And rising.

The Australian banking system review

Written By: - Date published: 8:00 am, May 2nd, 2018 - 17 comments

The review into Australia’s banking system really matters to New Zealand and is doing New Zealand an almighty good service.

National is yeah nah on climate change

Written By: - Date published: 8:21 am, April 30th, 2018 - 34 comments

National’s Blue Green conference on the weekend suggests that the party has moved on from outright denial that cliamte change exists to grudging acceptance that it is a phenomenon but “balance” requires that it is tolerated.

Why Can’t We Hold Vector Accountable?

Written By: - Date published: 8:28 am, April 19th, 2018 - 85 comments

For those of us who were without electricity to their houses in Auckland for several days, it’s worth turning our thoughts to Vector.

Government blocks off shore oil and gas drilling

Written By: - Date published: 10:13 am, April 12th, 2018 - 158 comments

The Government has announced that there will be no new offshore oil and gas exploration permits issued under the block offer process.

NRT: A lawless multinational

Written By: - Date published: 6:15 am, March 30th, 2018 - 5 comments

Idiot/Savant at No Right Turn on Facebook and the Privacy Commissioner.

Productivity

Written By: - Date published: 9:00 am, March 14th, 2018 - 32 comments

A more productive economy – and society – has been an elusive goal for many of New Zealand’s previous governments.  The last National Government failed.  What will Labour do to succeed?

Cullen says 2020 election effectively a referendum on tax

Written By: - Date published: 1:20 pm, March 7th, 2018 - 32 comments

Don’t hold your breath for recommendations of radical tax reform from the Tax Working Group. Chair Sir Michael Cullen says the 2020 election will be a referendum on tax and he is already kicking for touch

Some Trash.

Written By: - Date published: 11:52 am, March 1st, 2018 - 27 comments

Being anti-plastic is all the rage these days. How might business respond?

Global Sharemarkets

Written By: - Date published: 9:05 am, February 15th, 2018 - 63 comments

Recent volatility in the U.S. stockmarkets has attracted calls that capitalism is facing a crisis.  But the reality appears to be different.

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