The Standard

Open Mike 17/10/25

Written By: - Date published: 6:00 am, October 17th, 2025 - 4 comments
Categories: open mike - Tags:


Open mike is your post.

For announcements, general discussion, whatever you choose.

The usual rules of good behaviour apply (see the Policy).

Step up to the mike …

4 comments on “Open Mike 17/10/25 ”

  1. SPC 1
    17 October 2025 at 1:49 pm

    The September inflation rate is going to around 3%, and there has been a 0.5% rate cut since.

    There is apparently a risk of rate cut overshoot and a rise in the OCR in 2027.

    Because inflation might stick around 3% for a while and once unemployment comes down that will become the focus once again.

    https://www.thepost.co.nz/business/360856518/mortgage-rates-may-be-back-above-6-under-two-years-forecaster-suggests

    Reply
  2. KJT 2
    17 October 2025 at 2:31 pm

    Ganish has it right in a nutshell.

    https://open.substack.com/pub/ganeshnana/p/spending-borrowing-taxing-its-called?utm_campaign=post&utm_medium=web

    Where the equivalent financial assets are owed to other New Zealanders, there is no net financial burden – that is, the debt and assets ‘cancel out’ each other – as both the debt and the assets are passed to future New Zealanders.

    However, non-financial assets and debts are similarly – if not more – important in assessing the value (or burden) transmitted through inheritance and legacy. For example, building and health infrastructure assets could be left in fit-for-purpose condition transmitting inter-generation value. In contrast, dilapidated assets requiring significant renewal and upgrade, alongside workforce shortages as opportunities elsewhere become increasingly attractive, reflect a real debt burden passed to children and moko.

    Reply
  3. gsays 3
    17 October 2025 at 3:42 pm

    Shout out to Ayeshah Verral for her views on Simeon Brown wanting to further curtail workers rights to organise.

    The comment about Brown and morals when he raised the speed limits around schools.

    This sort of carry-on, ministers speaking out of two and lying about incomes incomes during wage negotiations needs pushback.

    https://www.rnz.co.nz/national/programmes/middayreport/audio/2019008849/labour-responds-to-health-minister-s-attack-on-strike-action

    Reply

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