Any political party that ignores the things that really matter to the voting public is a political party destined for losses. Right now the things that matter to New Zealand voters the most are: inflation/cost of living, housing costs, crime/law-and-order, and healthcare and hospitals. Inflation and
Minister for Auckland and Minister of Transport Michael Wood has declared himself a spirit donkey, whatever that is, in ensuring that the Auckland light rail project, as a government/Minister Wood vanity project, is to proceed, regardless of the fact that the country has some serious infrastructure issues to deal
The Reserve Bank yesterday announced a 50 basis points hike in the Official Cash Rate, moving it to 4.75%. Your mortgage, overdraft, equipment leases, and credit card costs just ballooned again. The Reserve Bank is trying to do two main things: stave off a recession, and defeat inflation. You
Every now and again, an advertising slogan becomes part of the popular lexicon. “Not happy, Jan!” “You’re soaking in it.” “Always a bridesmaid, never a bride” (believe it or not, this was never a saying until a 1950s ad campaign). From a 1980s bank ad, Australians adopted the phrase,
As the impact of Cyclone Gabrielle starts to be fully understood, it is going to force the government into making some unpalatable decisions that will affect its re-election chances. But they are decisions that will have to be made, and made sooner rather than later. In an article we
Nick Stewart The floods, having caused devastation to land and life, will also devastate the Hawke’s Bay economy by putting pressure on many businesses that are also having to deal with flooded homes and staff members who have lost everything. Many have still not regained their pre-Covid strength
Connor O’Keeffe Writer and Video Producer mises.org Connor O’Keeffe is a writer and video producer at the Mises Institute. He has a masters in economics and a bachelors in geology. Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message
Egon von Greyerz goldswitzerland.com Egon von Greyerz is the founder and managing partner of Matterhorn Asset Management AG. Born with dual Swiss/Swedish citizenship, Egon’s education was mainly in Sweden. Egon von Greyerz began his professional life in Geneva, Switzerland, as a banker and thereafter spent 17 years
Last week I wrote about how the Reserve Bank has got it wrong by reducing interest rates to close to zero, and then pushing them up at a rate of knots when inflation, that they created, started to hit. Some of you disagreed with that opinion, and in particular some
Scott Drylie FEE.org Scott Drylie is an Assistant Professor of Economics, Cost Analysis, and Acquisition Management at the Air Force Institute of Technology in Dayton, Ohio. In 1985, the British rock band Dire Straits released the song “Money for Nothing.” It is an undeniable rock classic. It also is
Economists and business writers are sending us dire warnings about the inflationary outlook for the coming year. They are mostly likely correct. After creating the biggest asset bubble in decades by lowering interest rates, ostensibly to stimulate the economy – and making assets particularly cheap – the Reserve Bank is now hiking
Jed Clampett and the rest of The Beverly Hillbillies might have made their fortunes on black gold… Texas tea… but, even with recent price spikes, crude oil is still cheaper today than it was in 1861 (though nowhere near the astonishingly low prices of the mid-60s). When we think
Saul Zimet fee.org Saul Zimet is a Website and Data Coordinator for HumanProgress.org at the Cato Institute and a graduate student in economics at the John Jay College of Criminal Justice at the City University of New York. Nobel Peace Prize nominee and Time Magazine’s 2019 “person
John Hammond Professor of Crop Science Yiorgos Gadanakis Associate Professor of Agricultural Business Management University of Reading Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the
Sri Lanka was something of a poster child for the WEF’s warmed-over green socialism. Naturally, the entire country went tits-up faster even than Venezuela. You might think this would cause the WEF to be somewhat chastened. But that’s to reckon without the single-minded fanaticism of
Lindsay Mitchell lindsaymitchell.blogspot.com Lindsay Mitchell has been researching and commenting on welfare since 2001. Many of her articles have been published in mainstream media and she has appeared on radio, TV and before select committees discussing issues relating to welfare. Lindsay is also an artist who works under
