Written By: - Date published: 9:18 am, May 29th, 2023 - 68 comments
National’s promise to increase the age of retirement and likely cuts to Cullen fund contributions and state Kiwisaver payments have been seized on by Labour as evidence that National does not care about ordinary people.
Written By: - Date published: 7:48 am, November 20th, 2022 - 69 comments
2023 is going to hit New Zealanders hard. Since the 2011 Christchurch earthquakes New Zealand has been beset by a new major crisis about once every two years. 2022 was our year off and get ready we are in for a strange and hard recession.
Written By: - Date published: 9:44 am, October 15th, 2022 - 19 comments
The political question is whether Kiwis currently losing money on paper can remember this: all investment involves risk and it’s entirely fair for our government to only manage so much of that risk and for the rest to fall on us the investor. Will irrational anxiety beat rational risk in our upcoming politics?
Written By: - Date published: 8:51 pm, August 31st, 2022 - 63 comments
National’s attack on requiring banks to charge GST on the provision of Kiwisaver services the same as smaller services is deeply cynical when its attacks on Kiwisaver in the past are considered.
Written By: - Date published: 8:57 am, July 7th, 2022 - 213 comments
Right now Labour is preparing the ground for its run at 2023’s election with new policy. New policy must be wildly popular. What could make Labour popular enough to them back leading a third term in government?
Written By: - Date published: 10:41 am, August 20th, 2021 - 15 comments
Former Labour Deputy Prime Minister Michael Cullen has died.
Written By: - Date published: 3:18 pm, August 8th, 2019 - 58 comments
With yesterday’s announcement by the Reserve Bank to cut interest rates by 1%, some are suggesting that the government should embark on a massive public works spree to stimulate the economy while increasing national debt at low interest rates. But Kiwisaver reform may be more effective.
Written By: - Date published: 2:06 pm, August 27th, 2018 - 68 comments
The Labour led Government has announced a review into tenancy laws. It’s about time we balanced the rental market, which has for too long let renters down.
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: 12:30 pm, August 18th, 2016 - 22 comments
An excellent piece by Matt Nippert, Caleb Tutty, Olivia Carville in The Herald is generating a lot of discussion this morning. Are you unknowingly investing in tobacco and munitions?
Written By: - Date published: 12:11 am, May 20th, 2016 - 173 comments
What does it really mean to reduce NZ’s total fossil fuel use by 50% by 2030: a warm up discussion for an upcoming thought experiment.
Written By: - Date published: 4:49 pm, May 13th, 2016 - 35 comments
When a corporation launders its earnings in a tax haven, it is completely upfront about where the money came from and who it belongs to, which differentiates the activity from “money laundering.”
Written By: - Date published: 7:00 am, January 27th, 2016 - 79 comments
How many more lies will John Key tell today in his so-called State of the Nation address? Virtual chocolate fish to whomever guesses the closest number.
Written By: - Date published: 8:27 am, July 10th, 2015 - 42 comments
The treasury release of budget policy advice suggests that John Key’s claim that changes to Kiwisaver would not have any effect on participation numbers was, ahem, erroneous.
Written By: - Date published: 10:18 am, June 9th, 2015 - 101 comments
Advocates of Kiwisaver and other funded “retirement savings” schemes perpetuate the fundamental misunderstanding that “conventional” in New Zealand’s case “neo-liberal” economists, speculators, finance companies, politicians and those with a lot of share holding wealth in non-productive enterprises like to perpetuate.
Written By: - Date published: 9:31 am, May 25th, 2015 - 197 comments
National has again refused to consider doing anything about the future of Superannuation. Yet its policies of increasing Crown debt, stopping contributions to the Cullen Fund and attacking Kiwisaver have made a discussion about the future of superannuation more important than ever.
Written By: - Date published: 2:32 pm, May 2nd, 2014 - 105 comments
The response to Labour’s Monetary Policy upgrade has been overall very good and it has dominated the policy debate at the same time as a series of scandals start to circle around the National Party.
Written By: - Date published: 8:05 pm, October 21st, 2013 - 61 comments
Winston Peters’ KiwiFund proposal would nationalise KiwiSaver. Russel Norman supports it, but in competition with private schemes. Cunliffe is open to negotiation. Key is dismissive, but says Peters is so untrustworthy he is likely to back down & form an alliance with National anyway.
Written By: - Date published: 10:01 am, April 29th, 2013 - 31 comments
MSM articles show the big Aussie banks are making record profits, Kiwis can save, and Adam Smith worshiping think tanks are not to be trusted. Cunliffe & Norman said it a while back – NAct policies and government spending cuts are not the answer.
Written By: - Date published: 10:42 am, April 1st, 2013 - 49 comments
Changes to the tax rules that kick in today reverse two decisions made earlier by the government. Dither dither dither.
Written By: - Date published: 10:08 am, November 7th, 2011 - 67 comments
We live in a time of inter-related crises of the environment and the capitalist economic system. So, I guess it’s not surprising to see Labour becoming more environmentally aware at the same time as the Greens propose economic policies that would normally be out of Labour’s playbook. Don’t worry about them becoming too alike, welcome the solid platform for a new government.
Written By: - Date published: 6:37 am, October 28th, 2011 - 100 comments
Well, they said they were going to run this campaign on policy and make the bold moves, and Labour proved that with their savings policy. National is been left floundering. Brand Key is unraveling while Labour starts to dictate the play for the first time since Orewa. But the substance of the savings policy wants a closer look, it has both good and bad aspects.