Written By:
mickysavage - Date published:
8:00 am, September 18th, 2018 - 29 comments
Categories: business, cost of living, Economy, economy, housing, poverty -
Tags:
A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.
The IPSOS survey showed that housing was the most pressing issue with 50% of those surveyed considering it to be an issue. Next was poverty (32%), then healthcare (31%), cost of living (26%) and crime (24%). Recipients were asked to select from a list of 20 issues the three most important issues facing the country.
There was also increased concern about the three major issues with concern for housing increasing to 50%, from 41%, poverty 32% up from 29%, and healthcare 31%, up from 27%.
Interestingly housing was much more important in New Zealand than in Australia. The figures were 50% in NZ (#1 issue) compared to 24% in Australia (#4 issue). Poverty was 32% in NZ (#2 issue) compared to 15% in Australia (#8 issue). The cost of living was 26% in NZ (#4 issue) compared to 35% in Australia (#1 issue). And the economy was 9% in NZ (#14 issue) compared to 22% in Australia (#5 issue).
And recipients thought that the current Labour-led government is considered to be doing a much better job than National was in July 2017. Labour scored a mean score of 5.4 out of a maximum possible score of 10, and National scored 4.9.
Labour is also viewed as the political party that is most capable of managing five of the top six issues facing New Zealand today, especially the issue of healthcare. At 41%, Labour’s ability to manage the issue of healthcare is 19 points ahead of National (22%).
Someone should tell the business sector and the result is in stark contrast to the doom and gloom they say exists. Although the veracity of their polling has been affected by some rather dodgy polling methods.
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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This is what the business sector et al want to hear.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12127002
How to retire in your forties without earning a fortune
Thousands of middle-earners are retiring in their forties with no mortgage and £25,000 ($50,000) a year to spend, it was revealed today.
Experts say anyone can “go from broke to never needing to work again” by saving 50 per cent or even 75 per cent of their salary each month.
These “super-savers” then invest it in property and low-risk shares for ten to 20 years and bank the profits every year, according to the Daily Mail.
The financial independence retire early [FIRE] formula – an idea born in the US – is inspiring thousands in the UK to achieve the ultimate aspiration of giving up work…
The Holy Grail for anyone who wants to leave work before 65 is saving – because if you want a scatter-cash lifestyle then you will pay for it in many more years at work.
Many take their inspiration from the 5:2 diet, meaning for full five days of the week they do not spend a penny only allowing themselves to have any outlays on the other two days.
Note that it refers to the Daily Mail – UK. But it is possible here I think, though I like many others would never be in that financial level. Also I believe that people should be involved with their community in a working capacity throughout their lives. This indicates the badly skewed society we live in with creaming off excessive salaries by some, usually in a non-productive role, while large numbers being forced to do the work of the country being both money and time poor with inability to earn enough for basic living.
I understand Italy has a long standing problem with 30 year old (males) living with their parents (mothers). Maybe some people could save more than half their income that way.
It would help their housing problem anyway. There are always unintended consequences to societal changes! They presumably could marry and live with his mother, or hers, so are they going off marriage? If they want female sex do they use prostitutes, or perhaps they are gay and have their relationship within that group and also the pleasure of Mama’s care so never having to look after their everyday chores.
I can see the business fatcats sitting there now…
“Confident, are they? Hold my brandy…”
Best of luck convincing the likes of Michael Barnett that what Kiwis like is necessarily good for business.
Alwyn thinks IPSOS is like Whaleoil.
Westpac chief economist says “The economy slowed during 2017 and over 2018 has been steadily growing at a slow pace…That’s a bit different to the picture you get from business confidence surveys or even anecdotes I get from around the country. If you listen to that stuff, you’d think that the economy was slowing sharply, but it’s actually not.”
https://i.stuff.co.nz/business/107104688/economic-growth-may-be-more-solid-than-business-confidence-suggests-for-now
And this economist says job growth is solid. Why would businesses hire new staff if they weren’t confident it would be profitable?
https://www.xero.com/nz/resources/small-business-insights/article-07/
Most successful businesses adapt to the market conditions, which Government is in power is largely irrelevant, unless they make major decisions which impact on their business. The Economy has generally done better under Labour Governments than National Governments ?
This Coalition Government is basically tidying up the mess left by the previous National Government ?
And never get the credit for the clean up job.
and we have Bridges constantly harping on about the govt on MSM who i see as just right wing puppets… NATIONAL PASSES WIND….JUDITH SAYS ITS SWEET………THE COALITION GOVT…HORRIBLY FARTED TODAY AND IT IS REPORTED THAT THE SMELL WILL WRECK THE ECONOMY AND BRING ABOUT ANOTHER GFC AND BRING ON CATASTROPHIC CLIMATE CHANGE!!
“A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.”
Yes the NZ people do feel better about the Labour coalition with NZ First!!!!
So why is the media in a tis over Jacinda and Winston using ‘social media’ to live screen to reset their agreements????
get over it Garner and O’Brian and RNZ, and the business red necks!!
Wake up we are in the 21st century for goodness sake.
Better yet, don’t tell them, and let them find out the hard way.
The problem is the journos won’t be able to find the Key to the door, or will find it hard to establish their credibility if they go cold canvassing. At the end of the day they might be found singing woefully – The Green Door:
Mmm – that’s the model of the modern celeb journo I guess. Time was you concentrated on the story and the journo was never the story.
“Better yet, don’t tell them, and let them find out the hard way.”
Well that’s an inevitability don’t you think? Although there’ll be a few ‘mis-steps’ and ‘mis-spokens’ and ‘mis-solds’ along the way.
I wait for the MSM critics of the MMP government (” cracks appearing etc” ) to do a bit of hard work for once, instead of asking urgent empty questions ( Tova O’Brian, Corin Dann et al) and discover exactly what wonders National achieved during their first year in office (after Helen Clark’s government).
“National achieved during their first year in office”
Not sure about the first year, but in first term or so we saw tax cuts for the rich, GST increased (hurts the poor more), dumb decision to cut payments to NZ super scheme (that cost the country billions), attacked workers rights (90 day at-will dismissal scheme, reduced required annual leave to three weeks), rejected a bill to ensure breakfast and lunch is provided to students at all low-decile schools….etc
What a brighter future that was!
You are a smart shark – that list should be widely publicised just to remind the
forgetful public.
With that list, I think most people are just relieved they have this government. The pressure on low and middle income earners just at work was unrelenting, nevermind the housing and family pressures as well.
US I am interested in your comment about reduced required annual leave. What is that exactly and have you got the section of the ERA about that? All employees get 4 weeks annual leave…
4 weeks was introduced under previous Labour government in 2007 (https://www.beehive.govt.nz/release/four-weeks-annual-leave-starts-1-april)
National brought in the thin end of the wedge to start taking it all away again:
https://www.nzherald.co.nz/small-business/news/article.cfm?c_id=85&objectid=10563030
https://www.employment.govt.nz/leave-and-holidays/annual-holidays/cashing-up-annual-holidays/
I know from personal experience that employees often have zero negotiating power, and this legislation from National was the best they could do for their rich mates, starting to wind back the extra week from Labour.
I worked at a workplace where annual leave entitlements that were above minimum were permanently lost in return for a one-off wage increase – and intense pressure to take the “offer”. Of course, a week of leave is always worth a week of leave – while your one-off pay rise is eroded by inflation – never mind work-life balance.
Specifically, section 28A of the Holidays Act 2003 (which was inserted by Holidays Amendment Act 2010).
1000+
Tells us leftie commentators that we are on the side of the people, and that business commentators are not.
It’s also indicating a big well of goodwill towards the government that they will be given time to address the priorities that are so important to the wider public.
Underlines our role as non-msm to get out the unheard voice.
Also gives me confidence that business while important are but one sector.
It is interesting to see behind the logos and acronyms of organisations. Looking for the wording behind that of ipsos Icouldn’t find what ipsos stands for (if anything) but it has a logo that is a person that grows out of a tree. It may refer to that phrase about primitives developing nous and coming down from the trees. It comes under ma. Marketing Association and does:
Suppliers of: Customer Experience design or consultancy services: Suppliers of
Data analytics: Suppliers of
Market research: Suppliers of
Branding and/or Strategy
I found a ‘hip’ group in a marketing company who are desperate to not seem serious about anything and appear light and bubbly here:
https://www.marketing.org.nz/Meet-The-Team
That’s the first thing i want to know about somebody online is how they take their coffee. Its basically all you want to know about them in fact.
Most things can be found on the Web within seconds: https://www.quora.com/What-does-the-name-Ipsos-the-research-agency-mean 😉