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Economy

Restrain Supermarket Prices

Restrain Supermarket Prices

Press release: ACT Party “As the COVID-19 lockdown evolves, the Government must walk back its restriction on bakeries, butchers and fruit and vegetable stores”, says ACT Leader David Seymour. “The Government has effectively given supermarkets a monopoly on food, but it seems surprised that prices have risen. In some areas,

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Virus War Successful, but the Patient Died

Virus War Successful, but the Patient Died

Viv Forbes Viv Forbes has studied financial analysis, business economics and politics, and he is one of the oldies more vulnerable to Wuhan. Viv Forbes BScApp, FAusImm, FSIA In their frantic attempts to delay the spread of the Wuhan virus, governments are sowing the seeds of economic depression and currency

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Cash in a Time of COVID

Cash in a Time of COVID

OK, now for some boring stuff. Money is going to become very short over the next few weeks. Sure, businesses have had some assistance from the government to help to pay wages (and I commend the government on their assistance package) but as payments to businesses dry up, things will

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A Country in Lockdown

A Country in Lockdown

Dr Muriel Newman nzcpr.com First published 22nd March 2020 The global COVID-19 crisis is deepening. Within 12 weeks of the new coronavirus being detected in workers at a live animal market in China, 100,000 people around the world had caught the disease. Twelve days later that had risen

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Beijing Running Scared of COVID-19 Backlash

Beijing Running Scared of COVID-19 Backlash

China is mounting an impressive and so far successful propaganda war trying to reset perceptions that they are to blame for the global COVID-19 pandemic. They are, of course, being assisted by global media who, despite months of calling the virus variations of the Chinese virus, are now lambasting Donald

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OK, You Need to Just Chill, Not Netflix Too.

OK, You Need to Just Chill, Not Netflix Too.

Reports out of Europe this week say that as a result of the lockdowns over there, too many people are using Netflix and YouTube, and as a result, the Internet is becoming overloaded and slow. As a result, YouTube and Netflix will temporarily reduce video quality in the United Kingdom

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Show Me the Money

Show Me the Money

I have been working with a few local business people, helping them to put together an application for funds from the government from their stimulus package, announced last Tuesday. While I spent some time preparing figures to demonstrate the 30% downturn in income from last year, it seems it was

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We Are All Ruled by Beijing Now

We Are All Ruled by Beijing Now

On Friday, ACT’s Stephen Berry wondered if the New Zealand government’s spending splurge will create “the most popular economic depression in history”. Berry echoed what has become mainstream economic argument: rather than “ending the Depression”, Roosevelt’s New Deal extended and deepened it. Berry also pointed to one

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Coronavirus Weekly: Expert Analysis from the Conversation Global Network

Coronavirus Weekly: Expert Analysis from the Conversation Global Network

Ina Skosana The Conversation The global crisis triggered by the spread of the new coronavirus disease, COVID-19, continues to take fresh and dramatic turns, causing havoc in dozens of countries around the world. Stock markets remain volatile, having recording historic collapses in share prices. As the disease continued to spread

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Covid-19 – Government’s Package a Mixed Bag *Updated

Covid-19 – Government’s Package a Mixed Bag *Updated

Jordan Williams Executive Director New Zealand Taxpayers’ Union The team spent yesterday afternoon working through the Government’s COVID-19 response package. A couple of the staff are in self-isolation, so we’ve well and truly rehearsed using the virtual technology in preparing this article and our media commentary. In summary,

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More Money for Beneficiaries

More Money for Beneficiaries

The government has announced a $12.1 billion package to assist with job losses and general economic stimulus as a result of Covid-19. Before we look at it in more detail, it is important to remember that it is the fiscal responsibility of the last 3 finance ministers (including Grant

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