Economy

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

Categories under Economy

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Bankers gonna bank

Written By: mickysavage - Date published: 8:09 am, June 18th, 2019 - 117 comments

The former head of ANZ and the current owner of John Key’s Omaha property, David Hisco, has left the employment of the Bank in somewhat newsworthy circumstances.

Flact Tax

Written By: mickysavage - Date published: 7:54 am, June 17th, 2019 - 175 comments

Act has proposed a tax increase for the bottom 64% of all tax payers.

What have Unions ever done for freeloaders?

Written By: mickysavage - Date published: 8:39 am, June 16th, 2019 - 198 comments

Two teachers who support individual contracts and performance pay are upset that they are not going to immediately get the benefit the Teachers Unions negotiated for their members.

The Hong Kong protest worked

Written By: advantage - Date published: 8:22 am, June 16th, 2019 - 20 comments

Carrie Lam, the Chief Executive of Hong Kong, has permanently suspended the legislative proposal to enable extradition of Hong Kong people to among other places mainland China.

Farewell Mr Makhlouf

Written By: advantage - Date published: 12:39 pm, June 13th, 2019 - 46 comments

Gabriel Makhlouf will be remembered because of events surrounding the unauthorised access of Treasury information by National. History should result in him being remembered for more positive things, like the creation of a new framework that has restructured how the government spends public money from the ground up.

The Teachers’ strike

Written By: mickysavage - Date published: 7:32 am, June 6th, 2019 - 77 comments

Teaching is approaching a crisis point. Sure it has taken 9 years of the last Government’s rule to wreck the system. But this Government is expected to repair quickly the damage that the last Government caused.

Despatches from Surrealistan

Written By: Mike Smith - Date published: 4:15 am, June 6th, 2019 - 7 comments

London feels surreal. Joined the demo against Trump, in town to see the Queen, see off the Prime Minister, and plunder the NHS in the name of ‘free trade.’ Saw the play “The Last Temptation of Boris Johnson,” which might be prescient.

The Attack of the Snowflakes

Written By: Incognito - Date published: 7:00 am, June 4th, 2019 - 119 comments

National is playing the innocent victim of Budgetgate whilst being the aggressive attacker all along.

The Coming Global Economic Slowdown and New Zealand

Written By: advantage - Date published: 8:45 am, June 3rd, 2019 - 49 comments

With the United States – China trade war well underway, the sick chaos of Brexit is shrinking the U.K. economy and slowing much of Europe’s economy, and smaller economies such as that of Mexico in the crosshairs through further politically manufactured trade disputes, the second half of this year looks for New Zealand nowhere near as rosy as the first half.

Politicians Don’t Know Jack

Written By: Incognito - Date published: 7:01 am, June 3rd, 2019 - 63 comments

Politicians rely on information provided to them, not on an encyclopaedic memory and an IQ of a genius.

Bene bashing

Written By: mickysavage - Date published: 11:27 am, June 1st, 2019 - 101 comments

National has engaged in the most crass form of beneficiary bashing in opposing Government changes to the benefit system announced in the budget and passed under urgency.

The Treasury website hack that wasn’t

Written By: mickysavage - Date published: 7:30 am, May 30th, 2019 - 168 comments

The police has confirmed that a poorly secured website partially searchable through Treasury’s website’s search function was the cause of the release of sensitive budget information.

Labour to relax fiscal responsibility rules

Written By: mickysavage - Date published: 9:00 am, May 24th, 2019 - 72 comments

Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.

Parliament’s culture

Written By: mickysavage - Date published: 12:24 pm, May 22nd, 2019 - 128 comments

The report into Parliament’s workplace culture has described behaviour that is of major concern.

Death tax fake news

Written By: mickysavage - Date published: 10:47 am, May 21st, 2019 - 62 comments

Social media was responsible for the repeated broadcasting of the claim that Labor in Australia intended to bring in a death tax. What should happen when claims that are clearly wrong are made?

The hard change of forestry

Written By: advantage - Date published: 10:41 am, May 18th, 2019 - 98 comments

Forestry is forcing an important tilting point between mitigating climate change and land use, and it’s going to affect the viability of some North Island towns.

Why Labour’s student debt policy is a success

Written By: mickysavage - Date published: 1:56 pm, May 15th, 2019 - 85 comments

National has claimed that Labour’s tertiary fees policy is failing because numbers applying for it have not increased. But National clearly has failed to understand that the policy is about reducing student loan totals or it is deliberately misinterpreting the reason for the policy.

Huawei go again

Written By: Mike Smith - Date published: 10:31 pm, May 12th, 2019 - 29 comments

Mike Pompeo has just been in Britain trying to bully the UK government out of using Huawei for its 5G network. He and other officials have been heavying countries around the world. Its not working, but one thing is clear. It makes GCSB’s head Andrew Hampton’s assertion that its decision to reject Huawei was independent is simply not believable.

US China trade talks and New Zealand

Written By: advantage - Date published: 7:30 am, May 12th, 2019 - 91 comments

Donald Trump’s trade war with China is way, way bad for New Zealand.

Zero carbon bill – let the battle commence

Written By: mickysavage - Date published: 8:21 am, May 9th, 2019 - 102 comments

The Zero Carbon bill is already being attacked by farming groups who are clearly concerned at the implications for their industry. And National is already showing signs that it will play politics with the issue.

Watch out Iran

Written By: mickysavage - Date published: 8:10 am, May 7th, 2019 - 57 comments

National Security Advisor John Bolton has announced that the US is sending an aircraft carrier and a bomber task force to the Middle East.

This Could Happen To You

Written By: Incognito - Date published: 7:00 am, May 6th, 2019 - 58 comments

For some reason, this story struck a nerve. An 80-year old had his 59-year career terminated by an impersonal e-mail from a faceless manager. Ironically, the manager on his public LinkedIn profile likes a post entitled “Treat a janitor with the same respect as the CEO”. Isn’t it sad that we now treat people as […]