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Economy

Treasury Wholly Opposed to Labour’s Car Tax

Treasury Wholly Opposed to Labour’s Car Tax

Documents released to National reveal Treasury unambiguously told the Finance Minister the Car Tax shouldn’t be implemented, but the Government ploughed ahead with the policy anyway, National’s Transport spokesperson Michael Woodhouse. The documents outline a long list of concerns the Government’s lead economic and fiscal advisor had

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Madness from ‘Tax Expert’

Madness from ‘Tax Expert’

I’ve come across a few ‘tax experts’ in my time. I’m sure there are a few good ones, but for most of them their expertise is concentrated in a very specific area, and their general tax knowledge is fairly average. But tax experts, particularly those who are partners

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Government Needs to Deliver Certainty for Skilled Migrants

Government Needs to Deliver Certainty for Skilled Migrants

Dr James McDowall ACT Immigration spokesperson Labour’s inaction on immigration is creating a humanitarian and economic crisis. Families are being split at the border and being forced to choose between working in New Zealand to support their family or leaving so they can be together. Immigration Minister Kris Faafoi

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Kiwis Are Now Getting Poorer with Each Pay Packet

With the latest labour market statistics confirming wages have only increased 2.1 per cent compared to 3.3 per cent annual inflation, New Zealanders’ pay packets are being eaten up by the rising cost of living, says National’s Shadow Treasurer Andrew Bayly. “The improving employment figures are welcome

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Government Tinkering Won’t Solve Housing Crisis

Government Tinkering Won’t Solve Housing Crisis

The Government’s tinkering with monetary and financial stability policy is doing nothing to address rampant house price inflation, says National’s Shadow Treasurer Andrew Bayly. Instead, the Finance Minister Grant Robertson is using the Reserve Bank as a scapegoat for the Government’s failure to break down the barriers

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Greens Tax Policy by Idiots, for Idiots

Greens Tax Policy by Idiots, for Idiots

I sometimes wonder if the Green-Left really are as stupid as they sound. Not just in their endless insistence that socialism will work next time, but for their apparent utter ignorance of even the most fundamental concepts of economics. Now, I don’t pretend to be an economic expert by

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Inflation: The Bitch Is Back

Inflation: The Bitch Is Back

Well, here we are. After world governments have tried for a decade and failed to get inflation back to levels that are considered ‘healthy’ – 1% to 3% pa – suddenly, without warning, inflation rates have started to rise. I do not understand why, with constant cost increases, inflation has not been

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What Is the Government Doing about Rampant Wealth?

What Is the Government Doing about Rampant Wealth?

Dr Bryce Edwards democracyproject.nz Dr Bryce Edwards is Political Analyst in Residence at Victoria University of Wellington. He is the director of the Democracy Project. Government policies have fuelled the wealth and inequality explosion, so is Labour planning to do anything about it? At this stage, the signs are

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Ignorance

Ignorance

Sir Bob Jones nopunchespulled.com Professional gloomster Bernard Hickey, who it will be recalled spectacularly wrongly picked an imminent Auckland house price crash a decade back and sold up saying he would shift to Wellington, is at it again. He’s quoted (unsurprisingly) on the Stuff web-site saying “Past generations

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Mr Slugsworth and the Everlasting Lockdown

Mr Slugsworth and the Everlasting Lockdown

Tiger Tiger, a tenacious, surprisingly well-educated animal, living and working in the real world.  Having to come up with staff wages every week sharpens the senses. A favourite childhood book of mine is Charlie and the Chocolate Factory. It was made into a couple of movies, one with Gene Wilder,

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Sacrificing Children to COVID Moloch

Sacrificing Children to COVID Moloch

Moloch the incomprehensible prison! Moloch the crossbone soulless jailhouse and Congress of sorrows! – Allen Ginsberg, “Howl” You’ve got to hand it to The Australian’s Adam Creighton: he’s one of the few mainstream journalists brave enough to tell the truth about the basic uselessness of lockdowns. Now, he’

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World Bank – Myanmar’s Economy Hits the Buffers

World Bank – Myanmar’s Economy Hits the Buffers

25th July 2021 Myanmar’s economy is set to shrink by 18 percent this fiscal year amid the ongoing political upheaval caused by the military coup and a rapid surge in the third wave of COVID-19 in the country, the World Bank said in its latest report. The World Bank

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The Madcap Laughs

The Madcap Laughs

I am in Westport. We own three properties here. Westport is, as most of you know, on the mighty Buller River, but it also has a feeder river called the Orowaiti. Last weekend, with extremely heavy rains – one could accurately say biblical rains – both rivers flooded, but mainly the Orowaiti,

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UBI Is a Trap for the Young

UBI Is a Trap for the Young

It’s the wet dream of every student socialist and Bernie Bros: free money! According to the proponents of Universal Basic Income, if the state simply hands over a monthly cheque, no questions asked, poverty will be eliminated! Where will the money come from, you ask? Why, silly, the taxes

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Honest Conversations about the Economy

Honest Conversations about the Economy

ACT Party ACT has today released the third in our series of Honest Conversations documents, this one about the economy. “Kiwis want a fair go. If you work hard, you should be rewarded, but under the Labour Government it feels like people are rewarded for doing nothing while hardworking taxpayers

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