By Owen Jennings Alarm bells are sounding. Not loudly, yet, but persistently and with growing clangour. In another apt analogy, the storm clouds are gathering and the first peals of thunder can be heard. Our economy is heading toward danger and those in charge are oblivious to the problem but,
National party The NZIER quarterly survey of business opinion has fallen yet again to the lowest point in ten years because the government has no plan to grow the economy, National’s Finance spokesperson Paul Goldsmith says. “There has been a sharp decline in the New Zealand economy under this
We have been saying it for over a year now; we are in trouble economically. When a bunch of inept politicians get into government, led by a prime minister who does not know what GDP is, any country is immediately in turmoil. Things were good for a while because of
Jacinda Ardern’s “wellbeing budget” steamed up the undies of a lot of journalists and the sort of people who share ‘inspirational’ quotes on their Facebook wall, but actual economists are just a tad more sceptical. They’re especially sceptical of the notion that Ardern is doing something revolutionary, as
Well, well, well… no, that was not intended as a pun. The fact that we have closed down future oil and gas permits has already started to have an effect on the economy, at a time when things are definitely turning downwards. The departure of Chevron and Equinor from New
Joe Ascroft Economist New Zealand Taxpayers’ Union Our team has just returned from the Beehive, where we attended the media and analysts’ lock-up event for the government’s new “Wellbeing Budget”. This year’s Budget was accompanied by some level of turmoil, with leaks, alleged hacks, and a (very
Well, it has arrived. The world’s first Wellbeing Budget. The groundbreaking budget format that was supposed to have the world sit up and take notice. I am reeling with the uniqueness and diversity of it all. No, I’m not. I’m completely underwhelmed. First, the basics. * $1.9
Budget 2019 will be read from 2pm in Parliament by Finance Minister Grant Robertson. The Wellbeing Budget is about tackling New Zealand’s long term challenges by focusing our attention on the things which matter most, says Labour. This is the current Government’s second budget since assuming power. This
The CGT battle is won, and whoever takes the credit for it, there will be no CGT while Jacinda is prime minister. That may not be for long, but we can take it as an assurance that it won’t happen for a while at least. That is all that
