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Economy

What Is New Zealand’s Coronavirus End Game?

What Is New Zealand’s Coronavirus End Game?

Jeremy Harris Jeremy Harris is a businessman and investor from Auckland, New Zealand. As we emerge bleary-eyed from hiding behind our couches and under our beds, into the level-1 sun (or rain), with the fear subsiding we are now able to appraise objectively where we find ourselves as

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Policy Paper | Back to Work

Julian Wood maxim.org.nz Nations around the world are expecting low or negative growth and higher unemployment rates as a result of fighting COVID-19. The supply side shock means that parts of the economy are in hibernation or struggling with a lack of demand, while other parts of

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Investing in a Resilient Workforce

Julian Wood maxim.org.nz When the Government closed New Zealand’s borders in response to COVID-19, flaws in our labour market were exposed. Not only was tourism and accommodation brought to a grinding halt, a massive temporary workforce was removed from the New Zealand labour market, leaving many

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A Quick Analysis of the Unemployment Numbers

A Quick Analysis of the Unemployment Numbers

I am no statistician. Ask anyone who knows me. Statistics was the only paper I struggled with when studying accountancy. But when I heard yesterday that the unemployment figures for the June 2020 quarter had actually fallen to 4%, I decided that the old adage is true. There are most

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A Reality Check

A Reality Check

Sir Bob Jones nopunchespulled.com John Key is 100% correct. The economic crisis lying ahead is immensely greater than the health (COVID) threat. The latter can be managed but requires realism which is sadly lacking. For months numerous different experts have claimed a vaccine will be found/won’t be

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NZ’s Ballooning Debt Crisis

NZ’s Ballooning Debt Crisis

We need to talk about New Zealand’s ballooning debt crisis that the mainstream media seem to be ignoring. The only hope we have for political change in New Zealand is if people learn the truth about the bankrupting of our country. For the last 30 years, New Zealand has

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Ardern Is Adversely Ambitious

Ardern Is Adversely Ambitious

Jacinda Ardern is digging a COVID hole for herself, a hole that gets bigger with each passing day. The strategies she has put in place for eliminating the virus are not sustainable in the longer term. The reality is that at some point, she is going to have to face

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A Government of Drunken Sailors

A Government of Drunken Sailors

There was a lot to admire about the Australasian banks during the GFC. While the USA had its Freddie Macs and Fannie Maes, and the Bank of Scotland just about went broke, the banks in Australia and New Zealand never faltered. They had never really joined in the global party

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Tax is Love?

Tax is Love?

Luke Redward nzinitiative.org.nz In a predictable statement earlier this week, the Green Party co-leader declared her party’s undying love for taxation. A rather Orwellian take on the libertarian war cry of “tax is theft,” Marama Davidson said those who fork out money to the state are

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Bank Economists – Wrong Again

Bank Economists – Wrong Again

Sir Bob Jones nopunchespulled.com Last Saturday’s Dominion Post front-page story was about the local red-hot housing market. Lower Hutt’s biggest residential real estate firm’s boss, John Ross, was quoted saying he’d never seen a market with so much demand pressure. To various extents

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Why Empty Airports Are an Ominous Sign

Why Empty Airports Are an Ominous Sign

Jacinda Ardern might (falsely) boast about her self-aggrandised “hard and early” response to COVID-19, but she is much less voluble about its economic effects – which are set to be just as hard, but much, much longer-lasting. With tourism (formerly) providing a sizable proportion of New Zealand’s

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Don’t Write National Off Just Yet

Don’t Write National Off Just Yet

Now that we have had a more realistic political poll from Colmar Brunton, we can start to see the lie of the land regarding the upcoming election. Labour has a clear lead at 53. National is on 32. ACT is on 5%, and looks like it might hold it. NZ

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New Ferries Could Be Made in Tasmania

New Ferries Could Be Made in Tasmania

Out of all the mess and panic of state government reactions to the COVID-19 pandemic, a glimmer of sense is at least emerging in Tasmania. Like New Zealand, a sparsely-populated, remote island lacking substantial public transport networks, Tasmania is well-placed to avoid the worst effects of the

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Tax Is Not My Idea of Love

Tax Is Not My Idea of Love

Who votes for these people? The Greens, discussing their taxation policy on TVNZ, are actually quoted as saying “Tax Is Love”. Marama Davidson actually said that. I seriously wonder what planet she is on; this type of campaigning is likely to be a big turn-off for voters, even some

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BFD Political Corner: Election 2020 NZ First Party

BFD Political Corner: Election 2020 NZ First Party

BFD Political corner: Election 2020 is a series that features political speeches, political ads and political campaigns on Social media from a range of different political parties in the lead up to the New Zealand election. Today we have the NZ First Party: Save Tiwai Public Meeting in Invercargill Please

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