Economy
Posts on the economy, work, business, income, and labour
Categories under Economy
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An ACT New Zealand
Written By: - Date published: 1:29 pm, September 8th, 2023 - 38 comments
What will New Zealand look like if Act forms part of the next Government?
National does a big sook
Written By: - Date published: 8:58 am, September 5th, 2023 - 51 comments
National, which perfected the art of dirty politics, and which has spent the past couple of years being relentlessly negative and which has had its sock puppets attack individual Labour MPs mercilessly is deeply, deeply, deeply upset that the CTU has pointed out to the public what a Christopher Luxon led Government would actually mean.
This Election we need to talk About China
Written By: - Date published: 11:05 am, September 4th, 2023 - 70 comments
Yes we could do the next five weeks on teeth and taxes, but actually China is pulling us down and our political parties need to make it an election issue.
National’s credibility is on the line
Written By: - Date published: 9:30 am, September 2nd, 2023 - 40 comments
When the history of the 2023 New Zealand Aotearoa general election is written and if Labour gets up to win historians will point to the events of this week as the turning point in what has already been a dramatic year in politics. Because I cannot believe how bad National’s tax cut policy release has been researched and structured and how bad its release is going.
CHL’s Tarras Airport Idea is Unbelievably Stupid
Written By: - Date published: 2:48 pm, September 1st, 2023 - 21 comments
Queenstown Airport has over three decades generated a radial wealth local effect. The economic and social uplift has been massive. That doesn’t mean there will be similar economic benefits by building another one within just over an hours’ drive of the first one.
Four new taxes and a climate funeral
Written By: - Date published: 8:48 am, September 1st, 2023 - 30 comments
National’s announcement of four new taxes to fund tax cuts rely on herculean assumptions that will never be met. And their proposal for climate change will undermine the slow but steady progress the country has been making to meeting its emission reduction goals.
New Zealand’s Greatest Economic Threat is Fonterra
Written By: - Date published: 7:00 am, August 29th, 2023 - 35 comments
Fonterra represents New Zealand’s largest internal economic threat. And promise.
Self-destructive stupidity, New Zealand style
Written By: - Date published: 5:51 am, August 27th, 2023 - 25 comments
Belief in capricious gods would explain the perplexing habit of governments with intelligent and informed people to embrace policies which are manifestly an example of self-destructive stupidity. Clever people doing stupid things.
Fifteen Green MPs, or more
Written By: - Date published: 10:02 am, August 23rd, 2023 - 38 comments
The political courage of the Green Party is paying off.
Critics of ‘degrowth’ economics say it’s unworkable – but from an ecologist’s perspective, it’s inevitable
Written By: - Date published: 8:00 am, August 20th, 2023 - 22 comments
Dr Mike Joy on the ecological imperative of degrowth
The other cost of living crisis
Written By: - Date published: 6:05 am, August 18th, 2023 - 7 comments
Our descendants will curse us
Labour’s GST and WFF policy announcement
Written By: - Date published: 2:06 pm, August 13th, 2023 - 168 comments
As predicted Labour has announced a policy of taking GST off fresh fruit and vegetables and a significant adjustment to Working for Families In House Tax Credit levels and the Thresholds.
We Need to Talk About Blackrock
Written By: - Date published: 9:08 am, August 9th, 2023 - 29 comments
How come New Zealand got to build an entire electricity generating system that lasted for 70 years without much private capital from one massive dam to geothermal and all those pylons and substations and network systems without Blackrock?
The difference between Blackrock and China
Written By: - Date published: 9:03 am, August 9th, 2023 - 4 comments
Some big news yesterday as the Government announced a deal with US Investment Firm Blackrock for a $2 billion fund for renewable electricity projects.
Climate extremes make NZ’s supply chains highly vulnerable – it’s time to rethink how we grow and ship food
Written By: - Date published: 9:59 am, August 5th, 2023 - 32 comments
“It’s clear domestic food supply chains have been increasingly challenged by natural disasters and the ongoing impact of climate change.”
A letter to Chris Hipkins
Written By: - Date published: 2:57 pm, July 30th, 2023 - 31 comments
My 2c on what I think Chris Hipkins needs to do to win this year’s election.
Should We Worry About Green and Maori Party Taxes?
Written By: - Date published: 7:47 am, July 30th, 2023 - 163 comments
We need to recognise our risk to the capital flight risk of the 1%, but also recognise the benefit to the 99% of us.
Should Labour take GST off fresh food?
Written By: - Date published: 10:53 am, July 28th, 2023 - 87 comments
National’s Nicola Willis has claimed that Labour will soon announce policy to take GST off fresh fruit and vegetables.
Future Green Wins Will Be Hard
Written By: - Date published: 10:47 am, July 25th, 2023 - 5 comments
It does not mean they are not worth trying; it means they will be fights against entrenched power.
Why a change of Government would be a bad thing – school lunches
Written By: - Date published: 12:14 pm, July 14th, 2023 - 63 comments
Act has declared its class prejudice by advocating for the cancellation of the free lunch in schools programme even though the benefits are clear and recognised and the programme helps poor kids’ nutrition and education.
Hipkins’ tax gamble
Written By: - Date published: 6:25 pm, July 12th, 2023 - 92 comments
Chris Hipkins today stated that for any future Government he leads after the next election there will be no wealth or capital gains tax implemented. End of story.
The very strange election campaign
Written By: - Date published: 9:06 am, July 8th, 2023 - 86 comments
With 98 days to go despite large parts of the electorate being very grumpy the polls are neck and neck and Labour can still win. This is what they have to do.
Rules-based cricket disorder
Written By: - Date published: 10:22 pm, July 6th, 2023 - 12 comments
“It isn’t cricket” supposedly set the ethical standard around the British Empire for over a century. Last week saw Lords, the ‘home of cricket,’ validate a damning report about racism, elitism, classism and sexism in British cricket just days after it was issued.
The Mind of Xi Jinping
Written By: - Date published: 12:08 pm, July 5th, 2023 - 17 comments
An excellent interview with a well-connected American who would like to see the US and China work together, and knows Xi Jinping well, provides some real insight as to why he is a serious leader. Interviewed today by Richard Harman, Tim Groser backs it up.
Sepuloni 1 Luxon 0
Written By: - Date published: 8:49 am, June 28th, 2023 - 12 comments
Yesterday in Parliament National attempted to embarrass Carmel Sepuloni in question time by asking her detailed economic questions. But the attempt backfired.
Why selling Auckland Port Operations is a particularly silly thing to do
Written By: - Date published: 4:30 pm, June 25th, 2023 - 4 comments
It is a given that the right in power want to sell public assets off and the left want to retain those assets. And it appears that the right’s eyes are on Ports of Auckland.
Brown wants to privatise Ports of Auckland Operations
Written By: - Date published: 10:59 am, June 23rd, 2023 - 22 comments
Fresh from his success at selling off part of Auckland Council’s Airport shares Wayne Brown has proposed another privatisation, that of Ports of Auckland Operations by way of the granting of an operating lease for the Port’s activities.
Luxon Aeterna
Written By: - Date published: 8:02 am, June 16th, 2023 - 48 comments
Ad reports on Christopher Luxon’s meeting in Wanaka.
The hypocrisy of the attacks on Michael Wood
Written By: - Date published: 1:20 pm, June 12th, 2023 - 13 comments
According to National holding a modest shareholding can open a Minister to allegations of conflict of interest but owning seven investment properties and proposing beneficial tax treatment of landlords does not.
Luxon, the idiot for whom ignorance is bliss
Written By: - Date published: 12:45 pm, June 12th, 2023 - 29 comments
Last night I watched Christopher Luxon in a interview with Jack Tame on Q&A from youtube. My takeaway from it was that I don’t want this fool anywhere near actual policy. He exhibited a blissful ignorance about downstream effects of genetic engineering, climate change, and productivity in our economy. Even where I agreed with him like on GE – I didn’t want this idiot implementing policy on it.
This is what *ending poverty* looks like in New Zealand
Written By: - Date published: 6:05 am, June 12th, 2023 - 160 comments
Poverty is a political choice, and the Green Party is choosing to end it. – James Shaw
- Page-turning rural gothic: Ash by Louise Wallace, reviewed
Summer reissue: Books editor Claire Mabey reviews poet Louise Wallace’s debut novel. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. A famous poet once said to ...1 week ago - A brief history of New Zealand’s weirdest mystery food dumps
Summer reissue: Alex Casey talks a stroll through headlines detailing hundreds of beached kiwifruit, dozens of mailbox sausages and one giant mystery ham. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...1 week ago
- My Greatest Trip: My awkward high-school exchange to Germany
Summer reissue: Hera Lindsay Bird on her Bildungsroman. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. I would never have gone to Germany if it wasn’t ...1 week ago
- Following the Swiss wolf, who walked 2,000 kilometres for love
Summer reissue: When we insert ourselves into the lives of animals, we become complicit in their fates. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. Before ...1 week ago
- Prison or nothing: The ‘self-perpetuating downward spiral’ in New Zealand’s mental health syst...
Summer reissue: With specialist mental health services in ‘chaos’, people who need help end up in destructive cycles and prison. Experts say there are solutions, but is political will and leadership lacking? The Spinoff needs to double the number of paying members we have to continue telling these kinds of ...1 week ago
- Daily crossword, Friday 3 January
The post Daily crossword, Friday 3 January appeared first on Newsroom. ...1 week ago - Newsroom daily quiz, Friday 3 January
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- Pryde ‘may have to wait’ over tribunal report, says Fiji President’s office
By Cheerieann Wilson in Suva Fiji’s Office of the President has confirmed that the Tribunal’s report on allegations of misconduct against suspended Director of Public Prosecutions Christopher Pryde does not need to be made public at this stage. The tribunal, chaired by Justice Anare Tuilevuka with Justices Chaitanya Lakshman and ...1 week ago - Virgin Australia confirms ‘serious security incident’ with crew in Fiji
By Anish Chand in Suva Virgin Australia has confirmed a “serious security incident” with its flight crew members who were in Fiji on New Year’s Day. Virgin Australia’s chief operating officer Stuart Aggs said the incident took place on Tuesday night – New Year’s Eve The crew members were in ...1 week ago
- CPJ condemns ban on Al Jazeera – network decries bid to ‘hide the truth’
Pacific Media Watch The New York-based global media watchdog Committee to Protect Journalists has condemned a decision by the Palestinian Authority to suspend Al Jazeera’s operations in the West Bank and called for it to be reversed “immediately”. “Governments resort to censoring news outlets when they have something to hide,” ...1 week ago
- New Caledonia political crisis costs one third of multi-million French package
By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk An emergency 231 million euro (NZ$428 million) French aid package for New Caledonia has been reduced by one third because of the French Pacific territory’s current political crisis. The initial French package was endorsed in early December 2024, in an 11th-hour ...1 week ago
- Isidore of Seville: the patron saint of the internet who shaped knowledge for generations
Source: The Conversation (Au and NZ) – By Darius von Guttner Sporzynski, Researcher, Historian, Australian Catholic University Stone statue of Saint Isidore of Seville at the National Library of Spain. WH_Pics/Shutterstock In a world where information flows freely, it’s easy to forget that, for centuries, knowledge was much harder to ...1 week ago
- Why your spin bike has become a clothes rack – and what you can do about it, according to behaviou...
Source: The Conversation (Au and NZ) – By Swee-Hoon Chuah, Professor of Behavioural Economics, Tasmanian Behavioural Lab, University of Tasmania Shutterstock Chances are that the end of the year has made you assess some of your 2024 New Year’s resolutions. Perhaps you, like us, bought a home spin bike ...1 week ago
- Most adults will gain half a kilo this year – and every year. Here’s how to stop ‘weight creep...
Source: The Conversation (Au and NZ) – By Nick Fuller, Clinical Trials Director, Department of Endocrinology, RPA Hospital, University of Sydney Allgo/Unsplash As we enter a new year armed with resolutions to improve our lives, there’s a good chance we’ll also be carrying something less helpful: extra kilos. At ...1 week ago
- Mind-bending, body-snatching, blood-sucking: parasites are bizarre yet vital for life on Earth
Source: The Conversation (Au and NZ) – By Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University ijimino, Shutterstock Parasite, zombie, leech – these words are often used to describe people in unkind ways. Many of us recoil when ticks, tapeworms, fleas, ...1 week ago
- Ka tuku te rākau: Handing over the baton of protest to a new generation
Summer reissue: As tens of thousands showed their support for the hīkoi to parliament, the organisers were busy behind the scenes ensuring things run smoothly. For many, this was their first time leading a kaupapa of this scale – and it wasn’t all easy. The Spinoff needs to double the ...1 week ago
- The multi-billion dollar startup sector is bouncing back – 8 big trends will shape 2025
Source: The Conversation (Au and NZ) – By Rod McNaughton, Professor of Entrepreneurship, University of Auckland, Waipapa Taumata Rau Startups have always been at the forefront of innovation. But factors such as artificial intelligence (AI), sustainability and decentralisation are set to reshape industries in 2025. Businesses are defined as startups ...1 week ago
- How having a baby makes it more likely Australian couples rely on the man’s income
Source: The Conversation (Au and NZ) – By Francisco Perales, Adjunct Associate Professor, School of Social Science, The University of Queensland fizkes/Shutterstock Australian women are better educated than men but still face poorer job prospects and lower incomes. We see this in Australia’s stubbornly persistent gender pay gap ...1 week ago
- Can animals make ‘art’? These examples from nature suggest so
Source: The Conversation (Au and NZ) – By Susan Hazel, Associate Professor, School of Animal and Veterinary Science, University of Adelaide Shutterstock According to Britannica, “art” can be described as something “consciously created through an expression of skill or imagination” – whereas Wikipedia defines it more narrowly as a ...1 week ago
- A drink with Lucinda Light, the greatest MAFS participant of all time
Summer reissue: Married at First Sight superfan Tara Ward charges down the aisle to meet this season’s brightest star. It is a Thursday afternoon, and I am staring deep into Lucinda Light’s eyes. It feels like my own personal version of the eye gazing task on Married At First Sight ...1 week ago
- Dame Tariana Turia suffers a stroke, surrounded by family
The former politician is surrounded by her whānau after suffering a stroke earlier this week. ...1 week ago - ‘If we can do a wedding in 5 days, we can do anything we set our minds to’
Comment: Some people make long lists of things they want to do. When my partner Solly and I decided we wanted to get married, just five days before I flew out on tour with the Black Ferns and he flew out to play for Biarritz, I said, ‘well, how many ...1 week ago
- To belong should never be beyond hope
Opinion: I recently had a wonderful meal with Bariz Shah and his wife Saba, together with their two pre-school children. I had to admit that I hadn’t read Bariz’s book Beyond Hope yet, but after talking about their life over dinner, I knew I had to read it.Imagine arriving in Auckland ...1 week ago
- ‘It was just the right word’: When ‘bugger’ took New Zealand by storm
Summer reissue: It’s a quarter of a century since the nation was stopped in its tracks by a dog saying the word ‘bugger’. This is the complete history of Buggermania – the ad, the controversy, and the enduring legacy. The Spinoff needs to double the number of paying members we ...1 week ago
- On being undeniably, irretrievably old
Summer reissue: David Hill is in his ninth decade. In a touching tribute to his late friend, he challenges some myths about ‘old farts’. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign ...1 week ago
- The half-a-million-dollar decision that still haunts the book industry
Summer reissue: Narrative Muse was awarded $500,000 to boost sales of New Zealand books. Three years later, industry insiders report that it has had little, if any, impact. What went wrong? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. ...1 week ago
- Newsroom daily quiz, Thursday 2 January
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- Daily crossword, Thursday 2 January
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- Obituary: Former Race Relations Conciliator Wally Hirsh dies
Brought to this country by his German Jewish refugee parents in 1938, Hirsh said his membership of a minority gave him special sensitivity to race issues. ...1 week ago
- A total eclipse of the Moon, Saturn’s rings ‘disappear’, meteors and more: your guide to the s...
Source: The Conversation (Au and NZ) – By Nick Lomb, Honorary Professor, Centre for Astrophysics, University of Southern Queensland The totally eclipsed Moon on 26 May 2021. Geoffrey Wyatt, Powerhouse Museum, CC BY In addition to the annual parade of star pictures or constellations passing above our heads each night, ...1 week ago
- The surprising ways ‘swimming off’ a hangover can be risky, even if alcohol has left your system
Source: The Conversation (Au and NZ) – By Amy Peden, NHMRC Research Fellow, School of Population Health & co-founder UNSW Beach Safety Research Group, UNSW Sydney Wanderlust Media/Shutterstock It’s the morning after a big night and you’re feeling the effects of too much alcohol. So it can be ...1 week ago
- Getting jiggy with it: Inside the wild world of competitive speed puzzling
Summer reissue: If you thought jigsaw puzzles were meant to be relaxing, think again. Tara Ward lifts the lid on one of the Masters Games’ most intense and demanding events. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please ...1 week ago
- All 85 of The Spinoff’s rankings, ranked from worst to best
Summer reissue: The rankers become the ranked: Hera Lindsay Bird tackles the most meta ranking of them all. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today. ...1 week ago
- Set your political imagination free (and some pleas for humanity in the NY)
Opinion: I got this book as holiday reading (I know, what a nerd!) but read it straight away. Although David Runciman is a professor, he also does popular podcasts and this is very accessible. It wanders through an eclectic bunch of thinkers who share a goal of “liberating our political ...1 week ago
- The NZ ‘voice of the century’ who wound up in a psych hospital for 16 years
Summer reissue: Mina Foley was a formidable talent dogged by wild rumours about her mental breakdown. What is the truth? The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a ...1 week ago
- Ten wild political predictions for 2025
For the eighth year in a row, The Spinoff asked a hand-selected group of experts for their most outlandish political prophecy. And for the eighth year in a row, they did not disappoint. Madeleine Chapman (editor, The Spinoff) Winston Peters will realise just how bad it feels to hand over ...1 week ago
- How Mukpuddy conjured up a bold new vision of Badjelly the Witch
Mukpuddy co-founder Ryan Cooper tells Alex Casey about bringing Badjelly to a whole new generation of New Zealand kids. They conjured Badjelly back with a simple tweet. It was sometime in 2018 when Ryan Cooper’s co-founder of Mukpuddy animation studios Alex Leighton was sketching a witch, and wondered aloud if ...1 week ago
- Daily crossword, Wednesday 1 January
The post Daily crossword, Wednesday 1 January appeared first on Newsroom. ...1 week ago
- Newsroom daily quiz, Wednesday 1 January
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- Animal Justice Party Condemns Planned Mass Euthanasia Of 1,000 Canada Geese In Christchurch
"This mass slaughter is an ineffective, inhumane, and costly waste of ratepayers' money," says Danette Wereta, General Secretary of the AJP. "It’s a short-term fix that fails to address the root causes of the issue and risks exacerbating the problem ...1 week ago
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