Economy
NZ Has Become a Nation of Beneficiaries
Britain was once famously hailed as a nation of shopkeepers, perhaps not by Napoleon himself, but certainly by the classical liberal Adam Smith, who published The Wealth of Nations in 1776 and laid the foundations for free-market economic theory. By the eighteenth century, the United Kingdom was an essentially commercial
Letter from the North
December 17th 2020 Below are the results of a survey carried out by Business West in the UK. It covers responses made to a survey carried out in the south-west region of the UK. It makes for sobering reading and makes me worry for the future of the region, parts
Economic Vandalism Confirmed
ACT party “The Government has chosen voodoo economics over proven economic realities by arbitrarily increasing the minimum wage to $20 an hour, a decision it admits could result in as many as 9000 fewer jobs being created next year,” says ACT Leader David Seymour. “Workplace Relations Minister Michael Wood says
Banks and Their Economist Lackeys
Arthur Banks. We love to loathe them and loathe having them, but they are a necessary evil. After all, they are safer than putting our cash under the mattress. Well we hope that, but there are no guarantees. We must get one thing straight in our minds though. No matter
Yet Another Raid on Employer’s Pockets by a Hostile Government
This Government has signalled that they aren’t on the side of employers. They have announced a doubling of sick leave which will cost employers nearly $1 billion per annum. As businesses are still reeling from the enforced shut down because of the Chinese plague, this is the last thing
Satirical Image of the Day
The BFD. Photoshopped image credit Pixy If you enjoyed this BFD satirical image please share it.
It’s All Our Fault Says PM on Housing Crisis
The ‘Queen of Covid’, Jacinda Ardern has decided to blame the housing crisis on the ‘team of 5 million’. So much for we are all in this together. Talk about arrogant: Prime Minister Jacinda Ardern is putting some onus on the public for the housing crisis, saying the Government had
Tourist Towns Dying While the Government Fiddles
We heard this week that the Labour government is going to sort out the problem of New Zealand having no labourers to pick the fruit and veg this upcoming season. Their response is too little and too late, unfortunately, and fully intertwined with their urgent desire to control businesses by
5 Reasons Why Banishing Backpackers & Targeting Wealthy Tourists Would Be a Mistake for NZ
James Higham Hazel Tucker University of Otago Raise your hand if you’ve ever travelled for weeks or months as a backpacker on a limited daily budget. Keep your hand up if you were made welcome in the places you visited on your OE, enjoyed chance encounters and experienced the
Why House Prices Will Keep Rising
Grant Robertson has written a letter telling the Reserve Bank that the government is unhappy about the cost of housing, and to find a way that the Reserve Bank can assist the government to relieve the situation for potential homebuyers. Adrian Orr is not someone who likes criticism. The Minister
Even Higher Minimum Wages?
We are all justified in breathing a sigh of relief that the economy seems to have survived the COVID pandemic reasonably well. Not all sectors, of course. International tourism and education have suffered terribly, and the hospitality sector is also still in trouble. Nevertheless, it is no time to be
