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notices and features - Date published:
5:30 pm, April 30th, 2021 - 11 comments
Categories: Daily review -
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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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Were a level 4 lockdown to occur what would the cost be compared to what tourism would bring in with the trans – Tasman bubble?
Same with a level 3 lockdown just in Auckland, Wellington or Christchurch?
Those who think the trans-Tasman bubble is going to rejuvenate hospitality or the tourism industry may do better just having people in their own country.
Not in a country this small.
I was looking at just having NZ tourism and hospitality short – term 6 – 9 months until most who want Covid vaccination get it. A lock down would send hospitality and tourism backwards during a lockdown and be costly.
The bubble is doing nothing for tourism in terms of inbound punters. Like nothing.
https://www.odt.co.nz/regions/queenstown/resort-busy-local-tourists-where-are-aussies
Where the benefit is, is in freeing up over half of the MIQ space, and allowing people on both sides of the Tasman to visit the whanu. There was a lot of people in the first few days to catch up on the period since the announcement, everyone re-booked to avoid 14 days in MIQ, then it slowed dramatically. A friend's son came over last week on a flight with one person every third row, like about 10 -15 people.
This has resulted in a very large increase in confidence domestically, which is doing the deed for the tourism industry. After two weeks of the border being open we've had two Australians through our gallery in Queenstown. We've also had one of our better Aprils, and none of that was in AUD. From what I've heard this boost in trade is common, but not universal, around town.
The risk that New Zealand and Australia both face is infection coming from outside through MIQ or goods imports, not from the general population. Both countries are equal in that risk, we've both had our leaks / scares and have dealt with them. In Queenstown we've got just as much to fear of a person from Auckland or Christchurch as we have a person from Sydney or Melbourne.
Community infection has come from MIQ in both Oz and NZ. I differ as I think community transmission is more likely to come from people breaching the trans – Tasman bubble than from MIQ. Not even 2 weeks of the trans – Tasman bubble and people who have been a casual contact could have been exposed to Covid – 19. See what the situation is in the next week or two in both countries.
Not sure about the ski season as a warmer than usual winter is expected.
Art always looks good on a wall.
Still some way to go in the recycling effort – the Key years put us way behind.
New Zealand’s recycling capabilities have been put to shame in an international survey.
Consumers International, of which Consumer NZ is a member, assessed 11 products available across nine countries to see how well they could be recycled.
Never mind the All Blacks, the Aussies are beating us at recycling – hard to believe, and even harder to stomach.
Its only worth it in a few categories.
We're getting better in roading, but no big step up until NZTA loosens up its criteria.
A lot of material presently going to landfill ought to be incinerated along with the coal at Huntly – unrecyclable plastic or plastic/paper mixtures. If it goes to landfill, and it doesn’t biodegrade, eventually it ends up in drinking water. And there should be some rules for packaging, even if industry have to make some of their own.
Agree.
Price up plastic bales to landfill until they can become Huntly fuel.
It would be a great start.
Very interesting review of the Cambridge Capital Controversies a central issue in economics.
http://bilbo.economicoutlook.net/blog/?p=47348
Also discussed here in a review of Piketty's Capital. This one is easier to understand.
https://www.dissentmagazine.org/article/kapital-for-the-twenty-first-century
Thanks for that. I have an economic theory now. That Douglas et al signed up for the Treasury's model in the 1980's because they did not want to admit they didn't understand it.
'Forgive them, oh Lord, for they know not what they do!'