Written By: - Date published: 7:30 am, March 30th, 2020 - 47 comments
Post Covid-2019 what is going to happen to New Zealand’s tourism market?
Written By: - Date published: 4:27 pm, March 17th, 2020 - 24 comments
The Minister of Finance says that we are facing the worst of any of the scenarios that they had been preparing for. In response the government’s rescue package is bigger than anything New Zealand has ever seen.
Written By: - Date published: 8:54 am, March 13th, 2020 - 152 comments
With the world’s economy in turmoil and infection rates continuing to surge the responses of different countries to the crisis shows markedly different results. And the issue could be the determining issue of this year’s election.
Written By: - Date published: 8:44 am, March 12th, 2020 - 12 comments
2020 will now be the year that New Zealand will now rely on Auckland to get its shit together.
Written By: - Date published: 8:51 am, February 13th, 2020 - 14 comments
Simon Bridges has claimed that a GDP growth Jacinda Ardern used was wrong even though it was the figure released by Statistics NZ.
Written By: - Date published: 7:10 am, November 27th, 2019 - 24 comments
One hundred and sixty three British economists have signed a letter to the Financial Times to say they believe that Labour should form the next government. The UK economy needs reform. For too long it has prioritised consumption over investment, short-term financial returns over long-term innovation, rising asset values over rising wages, and deficit reduction […]
Written By: - Date published: 10:57 am, November 17th, 2019 - 30 comments
Nick Kelly on UK austerity and who should have paid for the financial crisis.
Written By: - Date published: 9:54 am, November 17th, 2019 - 105 comments
“I’ve grown up knowing nothing but the revolution of the early 1980s. This is this operating system which was uploaded in New Zealand and people have tried to install better policies or better programs, but if they don’t work with the system, they are crashing”
Written By: - Date published: 3:58 am, November 16th, 2019 - 2 comments
Nick Kelly on why the 2008 Global Financial Crisis is still having a dramatic effect on United Kingdom Politics.
Written By: - Date published: 7:11 am, October 18th, 2019 - 40 comments
The CTU has launched a campaign to raise awareness about a discussion paper released by the Government on fair pay agreements amongst media comment that government support may not be secure.
Written By: - Date published: 6:21 pm, October 14th, 2019 - 121 comments
The October TV One/Colmar Brunton poll is out. Like yesterday’s devastating TV3 poll result showing National not waving, but drowning, today’s poll confirms that NZ is still heading toward an historic Labour/Green Government, despite the Tories flirting with numbers in the high fifties.
UPDATE: Some weirdness with the numbers: they add up to 101% and 47% does not actually give National 60 seats, so the ‘Poll Says National Can Govern’ headlines are a wee bit optimistic. TRP.
Written By: - Date published: 8:13 am, September 24th, 2019 - 67 comments
Greta Thunberg has spoken at the UN Climate Change summit and has warned the world that it is stealing the dreams and hopes of young people through its failure to address climate change.
Written By: - Date published: 7:30 am, August 14th, 2019 - 39 comments
In May this year the New Zealand Treasury was projecting growth accelerating from 2.4% to 3% in 2019-20 while the Reserve Bank has pessimistically cut interest rates to 1%. Both can’t be right.
Written By: - Date published: 7:30 am, August 13th, 2019 - 125 comments
David Seymour has written a critique of Deborah Russel’s review of the hard right economic tome “Economics in one lesson”. And totally missed the point of what she was saying.
Written By: - Date published: 7:05 am, July 3rd, 2019 - 105 comments
ANZ is complaining that the Reserve Bank wants it to hold additional capital in case of a run on the banks.
Written By: - Date published: 5:05 pm, February 3rd, 2019 - 56 comments
Polymath economist Professor Michael Hudson’s latest article is a geopolitical panoramic masterpiece, sparked by outrage at a series of concurrent events on January 31 which he predicts means that 2019 will be the “year of global fracture.” Definitely worth a read.
Written By: - Date published: 12:13 pm, December 21st, 2018 - 287 comments
China has apparently been sprung hacking hundreds of western businesses and Government agencies, including some here in NZ. Should we be worried?
Written By: - Date published: 2:52 pm, November 29th, 2018 - 29 comments
The GCSB ban on Spark’s use of Huawei technology means this government has gone from “honest broker” to poodle in a very short time. Pressure has been applied by the US and others, apparently fearing we are the “soft underbelly” of the Five Eyes spy network. Maybe its time we got out of that too – it was designed for war.
Written By: - Date published: 1:17 pm, November 13th, 2018 - 71 comments
That’s the big question ‘big’ people are asking these days.
Written By: - Date published: 2:20 pm, November 7th, 2018 - 14 comments
The latest unemployment data showing the jobless rate falling to under 4% follows the equally bad 1.0% economic growth in the September quarter and a budget surplus of $5.5b, confirming the economy is going down like Donald Trump, as predicted by the ANZ Bank’s business confidence survey
Written By: - Date published: 10:29 am, November 2nd, 2018 - 215 comments
More than that, it needs to be torn down before it makes a serious bid at flight.
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.