Written By: - Date published: 7:02 am, July 6th, 2017 - 79 comments
Two indicators both agree that the Auckland property market has started trending downwards. Over leveraged buyers are going to get burned, and first time buyers are still shut out. Perfect.
Written By: - Date published: 6:45 am, June 27th, 2017 - 48 comments
Getting very bloody angry and speaking truth to power.
Written By: - Date published: 10:49 am, June 16th, 2017 - 51 comments
We need new thinking on the economy – zero emissions, sustainable, a big redistribution from rich to poor. But the list of current economic woe shows that even on their own old conventional terms the Nats are useless economic managers.
Written By: - Date published: 12:23 pm, June 14th, 2017 - 5 comments
Something to check out if you are in Auckland tonight, the CTU’s Bill Rosenberg discusses the budget. He will “examine the Government’s priorities and look at what needs to be done”.
Written By: - Date published: 8:16 am, June 14th, 2017 - 54 comments
English’s scaremongering about Labour’s immigration policy does nothing but highlight the fundamental weakness of our economy. Just how anemic are we after 9 long years?
Written By: - Date published: 2:38 pm, May 12th, 2017 - 21 comments
Not even joking.
Written By: - Date published: 4:13 pm, May 4th, 2017 - 8 comments
I/S at No Right Turn writes: “The CPI is out today, and it shows that the poor are getting poorer … This is a long-term trend. Since National took office, inflation for poor households has been nearly twice that of rich households.”
Written By: - Date published: 12:06 pm, April 30th, 2017 - 157 comments
Interesting series of articles in The Herald, where Bryan Gould schools Don Brash on how money works.
Written By: - Date published: 7:49 am, April 29th, 2017 - 41 comments
The Nats are settling in to election mode – smoke and mirrors. Steven Joyce feeds us billions of dollars worth of lies.
Written By: - Date published: 7:01 am, April 26th, 2017 - 31 comments
In the warm afterglow of the huge wage increase for health care workers the case for addressing NZ’s creaking low-wage economy is getting some recognition (along with the effect of immigration on wages).
Written By: - Date published: 2:52 pm, April 18th, 2017 - 18 comments
Though artificially boosted by high immigration and disaster rebuilds, the NZ economy is in the doldrums, and National are a failure even by their own goals and targets. I predict that National will soon abolish all targets, and that this will be “a sign of our success”.
Written By: - Date published: 11:54 am, April 14th, 2017 - 10 comments
A model for a sustainable economy. Something to ponder on a wet holiday weekend.
Written By: - Date published: 8:46 am, April 10th, 2017 - 92 comments
Sick of the property porn on the Stuff and Herald websites? It was refreshing to read the truth for a change.
Written By: - Date published: 1:31 pm, April 1st, 2017 - 31 comments
Thirty years old today – the longest April Fool’s joke in history?
Written By: - Date published: 4:59 pm, March 29th, 2017 - 28 comments
If you are absolutely determined to be one of the idiot legion who’re forever squirreling their heads deeper into sand, then don’t read this post.
Written By: - Date published: 9:16 am, March 24th, 2017 - 97 comments
As widely reported this morning, Labour and the Greens have set out an agreed fiscal framework. Smart politics.
Written By: - Date published: 9:48 am, March 14th, 2017 - 38 comments
There are no surpluses in NZ right now, not in any real sense. There is only debt, negative externalities and deferred costs.
Written By: - Date published: 11:47 am, March 8th, 2017 - 93 comments
The IMF warns that our household debt is far too high, as desperate tenants start raiding the Kiwisaver accounts to pay the rent.
Written By: - Date published: 8:15 am, February 2nd, 2017 - 12 comments
Despite National’s fiddling the figures on the way unemployment is counted, the unemployment rate is on the rise again.
Written By: - Date published: 1:46 pm, February 1st, 2017 - 46 comments
Labour is serious about regional development. It is proposing a 10 year $200m package of regional initiatives. The first of these was just announced in Dunedin.
Written By: - Date published: 9:17 am, December 4th, 2016 - 36 comments
Bernard Hickey: “It is extraordinary for the Prime Minister to call the Treasury’s short and long term forecasts a “load of nonsense” and yet rely on the medium term ones to promise all manner of riches to voters on the eve of an election.”
Written By: - Date published: 8:08 am, November 27th, 2016 - 66 comments
Brian Fallow in The Herald summarises the take-home messages from the latest Treasury report. National have us on track to disaster.
Written By: - Date published: 10:07 am, November 23rd, 2016 - 17 comments
This is just something that gets my goat, and there was a particularly egregious example on the RNZ Business News this morning. Apparently Wall St was going ‘gangbusters’, and the reason they came up with for that was ‘Wall St’ liking Donald Trump’s policies (lowering tax and building infrastructure apparently). Not long ago Wall St […]
Written By: - Date published: 8:31 am, November 19th, 2016 - 51 comments
Despite the Kaikoura earthquakes, the damage to the Capital and the fact the EQC fund is now in deficit, the Government is still holding out the possibility of tax cuts in election year.
Written By: - Date published: 12:54 pm, November 14th, 2016 - 234 comments
Take a deep breath and transcend your fear.
Written By: - Date published: 11:25 am, November 9th, 2016 - 10 comments
At the Labour Conference over the weekend, Grant Robertson announced the results of the Future of Work Commission. Ideas for policy to cope with a new age of work.
Written By: - Date published: 8:59 am, November 6th, 2016 - 17 comments
The Future of Work Commission report has now been released. It contains 63 recommendations including the tentative implementation of a universal basic income and a that voluntary work for approved organisations allow beneficiaries to continue to receive a benefit.
Written By: - Date published: 7:54 am, November 1st, 2016 - 20 comments
The Nats are backsliding on implementing the law changes brought on by the Panama Papers revelations. If European regulators blacklist us the consequences will be catastrophic.
Written By: - Date published: 8:26 am, October 30th, 2016 - 34 comments
Recent decision in the UK is a victory for workers and their rights.
Written By: - Date published: 8:32 am, October 19th, 2016 - 8 comments
Herald: “…the Government ought to be banking surpluses, just as Sir Michael Cullen did during the boom of 2000-2007”.
Written By: - Date published: 8:16 am, October 18th, 2016 - 135 comments
Health – particularly mental health – is underfunded, resulting in strikes over patient safety and units shutdown due to staff shortages. And unnecessary deaths. So why is the government even thinking about tax-cuts when our services need investment?
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