In three short years John Key and National have gone from economic bravado, to failure, to lies, excuses and whining. As the economy languishes they will have nothing to offer except more lies and excuses.
This is a time for fresh thinking, both globally and locally. But we won’t get it from National.
Phil Goff made an excellent speech yesterday. One that showed far more direction, and a lot of promise for going forward. Hopefully Labour […]
The feds want the OCR frozen.
But that’s not a sustainable answer for exporters.
It’s time to look at better ways of controlling inflation.
Unique in the world, we task our Reserve Bank with only one goal – keeping inflation in the target range – and give it one blunt tool to achieve it. Adding other objectives would bring us into line with other countries and giving the Bank better tools is long overdue. We need a smarter, more sophisticated approach to monetary policy. It is great to see the Left pushing for it.
Read this story to understand why the real economy in New Zealand struggles to get ahead of a volatile currency driven by overseas […]
Phil Goff has delivered his speech on Labour’s economic vision ahead of the Budget. It’s a good one, filled with core Labour values and ideas that will get New Zealand moving ahead. Goff talks about fairer tax rather than tax cuts for the rich, better monetary policy, and investing in New Zealand’s future.
Finsec’s Andrew Campbell introduces the union’s Better Banking, a trans-Tasman campaign they’re running with their Aussie counterparts to get a better deal for bank workers and bank customers. Campbell notes the banks’ $1 billion profit in the last 3 months alone and asks “Have your fees gone down? Has your mortgage payment become more manageable?”
A really interesting three-quarter page article by Ben Heather in today’s DomPost is titled “Looking for new tools to help exporters.” Lord knows […]
The first Fabian Society seminar in Auckland last weekend attracted a good crowd watch an participate as some of New Zealand’s top economic thinkers debated how to get the economy working for us. It has been judged a huge success. The next seminars will be in Wellington on Sunday 28 March and in Christchurch on 18 April.
All the arguments in one handy location – thank you Rod Oram, who in his SSTimes column says: …All it [the report] can […]
As the dust settles on the cynical theatre that was the 2025 Taskforce, one fact is becoming abundantly clear. The political Right haven’t […]
Rod Oram did a business segment on Nine to Noon yesterday. As usual he went quite deep into the issues. A welcome contrast […]
By and large the Right are refusing to defend their neoliberal monetary policy system. The currency is causing chaos, the housing bubble is […]
Reproduced with permission from No Right Turn for a viewpoint on the process of policy formation. This morning, Labour leader Phil Goff announced […]
I’m really happy that Phil Goff has taken monetary policy up as an issue. The current system – a puritanical neoliberal model set […]
