Economy
Labour Forget Where They Came From
The Labour Party may be useless at most things they do but one thing they are excellent at is acting like arrogant third-termers. It’s kind of weird to see people like Woods, Twyford et al behaving like entitled prats from just their first few days in the job. But
The Global Elite Will Never Allow Us to Be Free Again
In The Lord of the Rings, the great J R R Tolkien described how the price of peace is eternal vigilance. “Always after a defeat and a respite, the Shadow takes another shape and grows again”. Indeed, despite the seeming happy-ever-after ending of The Lord of the Rings, an abandoned
Government Losing Control of the Housing Market?
It is amazing what rubbish you read in the mainstream media these days. Take these statements, issued by none other than our favourite source of ‘truth’, Stuff: Prime Minister Jacinda Ardern was forced to defend herself against attacks from the Right and the Left on Tuesday morning as criticism mounted
Wealth Taxes on the Way?
The National Party has been admonished for its election advert claiming that retirees would pay $140 per week if a wealth tax was introduced. Let’s take a look at that figure, shall we? If a little old lady lived in a house in Auckland worth $1,730,000, then
The Future of the Auckland Property Market
Mary History has a way of repeating. My strong gut feeling is that the present hysteria happening with the Auckland property market is a repeat of the hysteria of the late 80s, which led to a massive crash in both property and equities. The common denominator is that in neither
This Secret Research Project Explains a Lot about 2020
Simon Black Bahia Beach, Puerto Rico sovereignman.com In early 1948, a group of US Air Force officers were working on a secret research project in the California desert codenamed MX981. The purpose of MX981 was to test how extreme gravitational forces from fast-moving fighter jets would impact the human
The Wider Implications of Our Response to COVID
Marcus Roberts mercatornet.com Marcus Roberts was two years out of law school when he decided that practising law was no longer for him. He therefore went back to university and did his LLM while tutoring. He now teaches contract and torts law. Aside from law, his passions include reading
Greens Call for Wealth Taxes
Now that they are not an actual coalition partner in the new government, the Greens are using this opportunity to become unmuzzled. They have decided to go back to the idea of wealth taxes. Perhaps James Shaw is blowing his wealth tax horn because of his massive gaffe over the
Negative Interest Rates Could Be Coming
Harry Scheule University of Technology Sydney There’s a row brewing in the corridors of financial power. The Reserve Bank of New Zealand (RBNZ) recently advised the trading banks that the official cash rate might move from the barely positive into the negative. Right now the RBNZ is holding off
It’s Started Already: “We Have a List…”
Simon Black Sovereign Valley Farm, Chile sovereignman.com On September 18 of the year 96 AD, a fairly obscure and elderly politician named Marcus Cocceius Nerva was proclaimed Emperor of Rome by the Senate. Rome was in chaos at the time; the empire had suffered from years of turmoil, economic
Is NZ Heading for a Japanese-Style Economic Morass?
With a cheerleading media failing to ever hold our hopeless government to account it pays to read international media to get some critical reporting on serious matters. Our media are too focused on what Clarke Gayford tweeted or who Jacinda Ardern has hugged lately. Meanwhile, our government is splurging out
Faces of the Day
The Government’s income tax changes will be legislated before Christmas and will come into force on April 1 next year. Labour campaigned on creating a new tax bracket for income earned over $180,000. The party proposed to tax income earned above $180,000 at 39 per cent. Read
“Find Other Markets”: Government’s China Advice
The Xi regime is bringing the iron fist down in no uncertain terms, both at home and abroad. At home, the Chinese Communist Party summarily squashed what would have been the world’s biggest stockmarket debut when it abruptly suspended the IPO of Jack Ma’s Ant Group Co. Abroad,