The government has announced a surplus of $7.5 billion, approximately $4 billion more than predicted. You might be forgiven for thinking such a large understatement means that Phil Twyford’s comments about ‘kids’ in Treasury were justified after all. However, approximately $3.6 billion of the surplus is due
Two pieces of good news in one morning! Could it be possible that there is some thinking going on inside the CoL? The Taxpayers Union has successfully convinced the Government to put a stop to paying the Clintons via their shonky foundations. Hurrah! Not before time and the Nats should
In an attempt to stimulate a flagging economy, Adrian Orr cut the Official Cash Rate (OCR) by 50 percentage points in August, with a message to everyone to go out, borrow more money and spend up large. It is unclear why Orr thought a 50 point cut would stimulate the
Promise: “An economy that is growing and working for all of us”. A huge disconnect exists between this objective and their policies which directly hamper economic growth. Non-delivery: GDP Growth Economic growth is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, so
Latest on the cash ban, which was presented in Parliament today, with Robbie Barwick from the CEC.
Why are big money managers and investors like Ray Dalio and Mark Mobius telling people to buy precious metals? Do they see the economy hitting the wall? Analyst and entrepreneur Karl Denninger says, “Everyone sees the wall. Everyone sees the problem. The monthly Treasury statements are public. Go pull it
The government has overhauled its temporary migrant worker visa scheme. If you cast your mind back 2 years, Labour and NZ First both campaigned on significantly reducing immigration, from around 70,000 migrants a year down to about 30,000. NZ First actually went further and wanted to reduce immigration
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If you’re sick of ‘woke’ corporations caving to the increasingly extreme demands of noisy far-left activists, you’re not alone. The Morrison government is putting corporate Australia on notice that it sorely needs to get back to its fulfilling its proper function: making money for shareholders, building the economy,
Hayman Capital founder and CIO Kyle Bass is back. In this riveting conversation, he tells Raoul Pal exactly how, why, and when China’s economy will come unraveled. As China’s growth declines, Bass says that its currency is at the heart of a coming crisis. And with growth rates
Financial writer and precious metals expert Bill Holter says a failure to deliver is not a maybe but a sure thing. Holter says, “Whether it is this year or the first few months of next year, it doesn’t matter. It is going to happen. . . . I can basically guarantee there
Donald Amstad from Aberdeen Standard Investments delivers a sobering assessment on the state of developed market economies. Livewire Markets is an Australian based investment website providing access to the investment insights and opinions of fund managers and investment professionals. Registration is free and gives you access to our daily newsletter
This government targeted child welfare right from the get go. Ardern campaigned on fixing child “poverdy” saying “ let’s do this” and introducing a families package effective from 1 July 2018 that promised families would be better off. “By 2020/21, approximately 385,000 families with dependent children will be
National party Press Release: The government’s 2019-2029 Minerals and Petroleum Strategy includes a ban on new mines on conservation land, bypassing the promised consultation process, National’s Energy and Resources spokesperson Jonathan Young says. “The strategy claims the government’s first goal in modernising the Crown Minerals Act will
Newstalk ZB transcript of first recording starts at 12:05 Mike: Is Julie-Anne Genter dangerous wanting to ban cars? Jacinda: She doesn’t want to ban cars. Mike: She wanted to ban combustion engines. Jacinda: I think… I think what’s more dangerous is… ah you know claims that when
Last year’s idiotic, fake ‘racism’ furore was not the first time that cartoonist Mark Knight has ‘outraged’ the online offenderati. Knight’s cartoon responding to the release of figures showing the staggering number of Australians receiving government benefits, and the dwindling numbers of taxpayers who make a net contribution,
