Economy

Posts on the economy, work, business, income, and labour

Categories under Economy

We are all in this together

Written By: - Date published: 10:02 am, November 2nd, 2021 - 206 comments

Increasing levels of angst at the current lockdown can be related to privilege.

The Covid vaccine rollout

Written By: - Date published: 10:48 am, October 30th, 2021 - 185 comments

Matt Nippert’s in depth article in the Herald this morning provides a well researched deep insight into the Government’s vaccine roll out.  And as it progresses the New Zealand response places us mid table and improving in the OECD vaccination comparison and gives us some hope that the Delta outbreak may be controlled.

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.

Good Again

Written By: - Date published: 7:48 am, October 28th, 2021 - 23 comments

COVID has reminded us how good New Zealand is, and we should remember how we were reminded.

Why vaccine mandates are needed

Written By: - Date published: 9:07 am, October 27th, 2021 - 165 comments

The Government has announced vaccine mandates for some publicly facing businesses designed to help minimise the spread of a virus that has killed millions of people world wide.

In December 2022 We Will Be …

Written By: - Date published: 8:00 am, October 25th, 2021 - 15 comments

A year ago we were preparing for the America’s Cup and threading our way through the latest crisis quite well.  What will we be planning next year?

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.

Friday will change Us As Citizens

Written By: - Date published: 8:04 am, October 22nd, 2021 - 210 comments

While we may have been lifted out of martial lockdowns and some rights have been reinstated in limited form, we have surrendered to another more pervasive power.  The power of big data.

National’s plan – open and be damned

Written By: - Date published: 9:43 am, October 21st, 2021 - 71 comments

Yesterday National released what feels like take 16 of its Covid response plan, this one focussing on business interests and setting a hard timeline for reopening.  But getting significant details wrong and rehashing failed policies previously tried in England has dampened its effect.

Jacinda Ardern: Tear Down This Wall

Written By: - Date published: 11:18 am, October 17th, 2021 - 109 comments

In the coming months Fortress New Zealand will be dismantled.  What will take its place?

Why Can’t We Do More?

Written By: - Date published: 8:44 am, October 16th, 2021 - 35 comments

The Government’s dramatic action taken over the past 18 months to respond to Covid and the population’s overwhelming support suggests that it should be taking similar drastic action to address poverty and climate change.

David Seymour is all class

Written By: - Date published: 8:35 am, October 12th, 2021 - 71 comments

David Seymour suggested that suburbs where the vaccination rate hit 90% should be allowed extra freedom.  But an analysis suggests that the wealthiest parts of Auckland, including Remuera and Epsom would qualify, whereas the poorer parts of Auckland would struggle to qualify.

More Promises from Prime Minister Morrison

Written By: - Date published: 1:03 pm, October 11th, 2021 - 14 comments

So, the Australian Prime Minister Scott Morrison is preparing for a November resumption of international air travel.

China and Real Estate Developers

Written By: - Date published: 9:14 am, October 10th, 2021 - 17 comments

Speaking of contagion, China is dealing with an outbreak of real estate market ebola.

Pandora papers and NZ

Written By: - Date published: 8:42 am, October 9th, 2021 - 18 comments

While we have mainly been occupied with containing the current Covid-19 outbreak, world news has been looking at documents revealing probable dirty capital and tax dodging by the affluent. NZ has a delayed local problem with this. Warning was given. We should just terminate the supporting legislation and replace it with transparency. (Updated)

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.

CPTPP V Nuclear Submarines

Written By: - Date published: 2:45 pm, September 19th, 2021 - 41 comments

In a piece of incredible timing, on the same day as Australia, the United States and the United Kingdom announced their defence technology procurement pact and pissed off ally and competitor alike, China formally applied to join the Comprehensive and Porgressive Agreement for Trans-Pacific Partnership.

COVID, We Need To Talk About Class

Written By: - Date published: 9:51 am, September 14th, 2021 - 27 comments

We’ve never seen a nationwide disease illustrate class and deprivation like the future of the country depended on it. Not like this. This should change us.

New Zealand Superconductors

Written By: - Date published: 8:10 am, September 8th, 2021 - 18 comments

Just to note a little sadness at the sale of New Zealand’s High Temperature Superconductor business out of Scott Technology (a robotics specialist company based in Dunedin sold to a Brazilian meat company a few years back).

The Top 20 Biggest U.S. Military Interventions, Best to Worst

Written By: - Date published: 10:39 am, August 31st, 2021 - 76 comments

With the last flights coming out of Kabul, it’s time to review whether this US attitude to the world is a good idea.

How Far Ought The State Go In A Pandemic?

Written By: - Date published: 8:30 am, August 29th, 2021 - 120 comments

Even in a time of crisis, people have human rights that must be upheld.

Ardern Needs to do More Than Manage Crisis

Written By: - Date published: 2:23 pm, August 25th, 2021 - 24 comments

For a country that has sought to form advantage for itself with strong and hard COVID-19 lockdowns, we’re not gaining any more advantage than yet another binge-purge cycle of supply tension and shortages, rapid economic downturn softened by tens of billions of subsidy, followed by unsustainable booms, over and over again.

RIP Michael Cullen

Written By: - Date published: 10:41 am, August 20th, 2021 - 15 comments

Former Labour Deputy Prime Minister Michael Cullen has died.

Down With Farmer Bashing

Written By: - Date published: 6:05 am, August 13th, 2021 - 126 comments

A Guest Post by DB Brown on how and why regenerative stock grazing matters ecologically, and where best to place our anger about climate change.

We are stuck

Written By: - Date published: 7:13 am, August 12th, 2021 - 45 comments

New Zealand has one of the most concentrated and oligopolistic economies in the world, and also one of the least commercially protected societies. Will we ever be able to break out of it? If you look across our society, it is the relationships of less than 20 main companies with our government that form a […]

When We Needed Electricity, it Was Shut Off

Written By: - Date published: 1:49 pm, August 10th, 2021 - 104 comments

Minister Woods and Prime Minister Ardern have been reduced to asking a series of questions about why Transpower got major electricity providers to drastically cut power last night.

What if all New Zealanders had enough to live on?

Written By: - Date published: 6:10 am, August 6th, 2021 - 97 comments

Rather than economics, can we talk about the values that underlie how we manage the country?

Aotearoa New Zealand approaches full employment

Written By: - Date published: 8:28 am, August 5th, 2021 - 84 comments

Yesterday Statistics New Zealand announced a dramatic drip in the unemployment rate as well as solid increases in wage rates and average weekly earnings for workers.  While the Government celebrated Employers thought it was a crisis.

Nurses refuse pay offer

Written By: - Date published: 7:00 am, July 30th, 2021 - 28 comments

NZNO members who work in district health boards (DHBs) have voted by clear majority to reject the latest offer in their negotiations with the DHBs, saying it fails to address the chronic and systemic safe staffing issues in a way that would ensure and protect the future of the health system.

Why isn’t govt hitting utes much harder?

Written By: - Date published: 7:52 am, July 26th, 2021 - 51 comments

Aotearoa has been super sizing its vehicle fleet for over a decade and given Jacinda Ardern claim that Climate Change as her generation’s nuclear-free moment, why is her government not smacking ute owners and other gas guzzlers much harder than the just the feebate? Large vehicles increase climate change and wild weather. Fringe Benefit tax is payable on them and usually not collected. Plus they are deadly dangerous to pedestrians and other vehicles.