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.
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.
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?
Written By: - Date published: 9:12 am, August 11th, 2018 - 139 comments
…in a single graph.
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.
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.
Written By: - Date published: 11:47 am, June 10th, 2018 - 125 comments
Matthew Hooton and Fran O’Sullivan have claimed that the Government’s decision to ban off shore petroleum exploration is “Orwellian”, part of an attempt to divert attention from other issues, bad for the environment and bad for jobs. Are they right?
Written By: - Date published: 9:14 am, May 24th, 2018 - 21 comments
Is NZ’s fishing industry just a domestic version of the tobacco companies? And how much would that really matter?
Written By: - Date published: 4:11 pm, May 2nd, 2018 - 16 comments
National has promised to overturn Auckland’s Regional Fuel Tax. But has no proposal for how the funding will be replaced.
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
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.
Written By: - Date published: 4:34 pm, February 14th, 2018 - 123 comments
Fletcher announces more huge losses but directors still laughing all the way to the bank
Written By: - Date published: 2:15 pm, February 11th, 2018 - 35 comments
Biofuels and fossil. The difference?
Written By: - Date published: 6:10 pm, February 9th, 2018 - 109 comments
New Zealanders 17 years ago accepted the idea of a national dairy monopoly on the condition it would deliver outstanding returns. The cost has been high — filthy and unswimmable rivers. Now it turns out the result has been a financial fiasco – the whole thing is literally bullshit, or more correctly, cowshit.