The government’s small business loan scheme has started this week. Administered by the IRD, it allows small businesses to borrow $10,000, plus $1800 for every employee, up to a maximum of $100,000. Eligibility for the loan scheme is much the same as for the wage subsidy; you
While governments on both sides of the Tasman are loudly backslapping themselves for their response to the Wuhan virus, hard economic reality is starting to quietly bite. The Australian federal government has acknowledged the gaping hole its response has opened in public accounts: $320bn, or 16.4 percent of GDP,
Peter Cresswell pc.blogspot.com Remember the Trekka? Winston Peters does. David Parker does. Grant Robertson does. Or at least you’d think so, given their talk over recent weeks about how they’re going to be “picking winners” to get New Zealand back off the economic canvas — Peters to
Audrey Young writing in the weekend newspaper headlined her article – “Ardern’s AAA team has one member – and a vital one.” Grant Robertson is the vital one and her article discusses what he has done and what he has to do. Unfortunately, Audrey misses the point – and a vital one.
Press Release: ACT Party * Balancing the books: Back in surplus in four years while delivering $3.1 billion of tax cuts. * A wealthier country: Less debt, lower taxes, higher growth and incomes. * Safety from future pandemics: $816 million over three years for border security, research and PPE. * Getting Kiwis back
Nick Stewart Stewart Group COVID-19 has got the attention of the world, and a great deal of information has been published about the pandemic in recent months. As a nation, we did everything in our power to slow down the COVID-19 spread, and at the end of level 4 four
Michael Reddell croakingcassandra.com Having mentioned yesterday the Oxford Covid-19 Government Response Stringency Index, I was playing around with variants of this chart, tracing the responses of various governments through time. On this variant I’ve included the Anglo countries and most of the countries of western Europe. It is
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I’m especially worried after reading Grant Robertson‘s pre-budget speech; what a lot of nonsense, interspersed only with sloganeering and hyperbole. Good grief, what else to make of such rubbish as this forewarning of next week’s announcements: “It is a Budget delivered in the shadow of one-in-100-years shock
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Dr Muriel Newman nzcpr.com “Marxists get up early in the morning to further their cause. We must get up even earlier to defend our freedom.” British Prime Minister Margaret Thatcher, 1978 New Zealand is at a crossroads. This is the moment that will define the next generation. Will our
Simon Thornley covidplanb.co.nz To understand the risks of ending lockdown, it is useful to think of a worst-case scenario. What would happen if ending lockdown led to a fate like Spain, Italy and New York? A well-known epidemiologist has calculated the answer. For individuals aged less than 65
Sir Bob Jones nopunchespulled.com We’re about to enter the greatest economic depression in our history. But make no mistake, it’s not been caused by the coronavirus but instead is entirely man-made, singularly attributable to cop-out mismanagement by the government. From time to time we all face difficult
Cautious, self-confessed ‘perfectionist’ Ardern was never going to allow Winston’s Aussie ski bunnies to frolic on our slopes this winter. (But the publicity of attending Morrison’s cabinet meeting by Skype was useful for her global brand building. Never mind that he almost forgot to cover it in his
