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notices and features - Date published:
5:30 pm, December 11th, 2017 - 39 comments
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Smart move to see Adrian Orr appointed as new head of the NZReserve Bank.
He has been our most progressive force in wealth management in New Zealand that I have ever seen, and has been highly regarded internationally for his consistent performance.
His track record and his policy framework at NZSuper has been outstanding, and he will be well up for any reforms that the new government might want to put in place there.
Sincerely hope they get someone even better to run NZSuper. There’s a lot riding on it.
I’d like to see some analysis of the reserve bank experiment – it doesn’t seem to have produced anything that could be mistaken for a rising tide that lifts all boats. It looks increasingly like yet another unwarranted Rogergnomic outsourcing of government responsibility – and like all the others, a signal failure. Orr is no doubt merely the latest in the long tawdry line of reserve bank execs who perform for financial interests and leave NZ the poorer.
The Reserve Bank is a banking regulator.
That’s it.
The government of the day provides the broader economic direction.
if you want to see analysis of the Reserve Bank, you could do worse than check out its most recent Letter of Expectation from the new government.
Adrian Orr is one of the finest public servants we have ever produced.
Yes…
The Reserve Bank seems to have been obsessed with inflation – a trope that favours financial over productive investment to the detriment of society at large.
Were this Orr fellow indeed the paragon you suggest it ought to be possible, indeed easy, to produce some examples of his no doubt well compensated performance.
Here’s the awards:
https://www.nzsuperfund.co.nz/performance/awards
And here’s the returns:
https://www.interest.co.nz/personal-finance/90056/nz-super-fund-returns-207-june-year-after-costs-and-tax-now-sits-35-bln
Disgraceful abuse of their workforce by Restaurant Brands, denying holiday pay by cynical manipulation of rosters. Most or all of those abused are already paid far below the living wage – most on the minimum wage or a handful of cents above.
Meanwhile, their exploiting scumbag CEO got a 64% payrise to $969,999 p.a. in 2012 , got an additional $1m bonus in 2015 – and god knows what he is being paid now.
Profit is not a dirty word, they used to tell us.
But Profit-Gouging is exploitative, callous, cruel and evil.
That is what these bastards do.
Profit-gougers create hell on Earth for those below them.
We need to cast these bastards down.
Get rid of capitalism.
On radio live they have “the best of” each evening. Just listened to a clip from Garner talking to Jacinda, surprisingly amicable. He finished off by asking her what she was doing for Christmas. She said “I’m going to Gizzy”
Garner replied “Your partner comes from there”. She said “Yes and my parents are coming down and it’ll great”.
Damn that woman puts a smile on my face a regular kiwi doing kiwi stuff. But still with a keen eye on what matters.
Christ, and you lefties spent the last nine years bagging Key for doing the same thing.
Only because he was also an arsehole who was wrecking the country.
At least 46% of voters will be saying the same thing about Ardern
na they are just sulky muppets who arn’t paying enough attention to know how crap the nats are , tell me whats the nats legacy after 9 years.
Getting NZ’s infrastructure development back on track after nines years of Labour playing Santa Claus with taxpayers money.
what the road thats A falling to bits and B not sped the trip up at all , is that it?
Next time in English.
good honest hard work , you should try it , right in ”the we vote blue just because ”country , much fun to be had baiting them too
Wag you need to go for a drive outside of Taumarunui.
why ?will that change the lack of teachers , the over worked doctors , the people living on the streets , will it stop corrupt scum like collins being in national , or them thinking scum like brash and key are fit leaders.
You’ve been spending too much time hanging out the backend of sheep, that’s your problem.
“Building new roads” != “Getting NZ’s infrastructure development back on track.”
– City Rail Link $3.5 billion (partnership with AC)
– Cycleways $ 600 million
– Kiwirail $2.5 billion plus over 9 years
– RONS $4 billion plus
– Irrigation $ 400 million
– Christchurch $8 billion and rising (another $25 b of insurance)
– Kaikoura/Welly $ 1.5 billion and rising
etc
– Preparation for road+rail tunnel under Auckland harbour
– HOP card system being rolled out nationwide
– North-south electricity link rebuilt
– Tonnes of new geothermal on stream
– Closure of last coal-fired power station
Don’t have to like all of them, but National’s infrastructure record is strong.
oh ad i was just playing with the local troll
Yeah, but 75% think English is and Idiot, and the majority can’t be wrong, can they?
And going to his mansion in Hawaii wasn’t so ordinary…the relatability in that case was skilfully faked.
hawaii and gissy a vastly different incase you hadn’t noticed
much prefer Gizzy at least you don’t have to fight for a wave
Yep Key was a regular kiwi alright spending Christmas at his Kiwi bach in……..Oh that’s right Hawaii. So very Kiwi
Over 50% of voters don’t like what you bastards were offering BM.
And 75% don’t like English, the knives will be out for the opposition leader with such a low poll as preferred PM, oh well!
When key was PM there were a lot on here that argued that the preferred PM poll was a meaningless waste of time.
But are less vocal on it now.
By the way just because they vote someone else as preferred PM dosnt mean that they think he an idiot or don’t like him. – there is a newsflash for newsflash.
James
They don’t think he’s an idiot because of the poll for preferred PM, it’s his inability to comprehend the finer details of MMP, he shouldn’t need reminding the number of times National governed with a minority, the very reason NZers voted for MMP, National have manipulated the electoral process to their benefit for as long as they’ve been a party.
again for the hard of thinking – you have no evidence that they think he an idiot at all.
far less your claim that “75% think English is and Idiot,”
if you are going to put a %age figure on something, at least have something to back it up.
A difference is that when Ardern talks about spending Christmas in Gizzy it sounds genuine whereas Key is a charlatan.
Christ, and you lefties spent the last nine years bagging Key for doing the same thing.
True enough – journos dishing up propaganda-friendly questions to politicians sucks a big one.
Thing is, in these stories there’s a big difference between Key and Ardern in two ways:
1. Key made that just about the only kind of interview he’d accept.
2. The journos had a hell of an uphill struggle trying to make Key’s Christmases in Hawaii into a “typical Kiwi bloke” story – they must be breathing a sigh of relief now they can report on Ardern spending Christmas with with rellies in Gisborne.
key is a fondling pervert, a quitter and that’s a fact.
Key had a private holiday dacha in Hawaii. In Gisborne it would be a typical Kiwi holiday, with the BBQ out, kids everywhere, blokes telling tall tales and the ladies telling even taller ones.. Cindy might even pop down to the local dairy for ice blocks.
Whereas Key goes on about being an ordinary kiwi, but, locking himself away in his summer palace.
Just saying …
German spy agency warns of Chinese LinkedIn espionage….
http://www.bbc.com/news/world-europe-42304297
‘Dairy farming could pollute the water drunk by our grandchildren in years to come as scientists have found waste from intensive North Canterbury agriculture is likely to contaminate aquifers.’
https://www.stuff.co.nz/the-press/news/north-canterbury/99535131/nitrates-in-christchurch-drinking-water-at-safe-but-increasing-levels-modelling-shows