Confirmation yesterday that the Government has sought authorisation to spend a whopping $41 billion over and above Budget 2021 is proof that the Finance Minister is once again using the cover of Covid-19 to spend taxpayer funds on pet projects that have little to do with New Zealand’s Covid-19
Neil Miller Taxpayers’Union Taxpayers’ Union Analyst Neil Miller has been dwelling on the disastrous outcome of the taxpayer-funded subsidy granted to Amazon’s Lord of the Rings series, which has now shifted production to Britain. In a hole in the Beehive, there lived a hobbit. Not a nasty, dirty,
In a bizarre move, The Rarotongan Resort General Manager Tata Crocombe has deemed all unvaccinated persons to be unclean and banned them from his various premises! You might think that, for a small island nation that relies almost exclusively on tourism for their livelihood, banning a large chunk of your
Giada Ferrucci Western University Giada ferrucci is a Ph.D. Candidate in Media Studies at Western University. She holds a BA in Economic Development and International Cooperation from the University of Florence, Italy, where her research focused on the opium trade in Afghanistan and alternative economic development reforms, and an
It was only ever a matter of time. The government has been looking at ways to solve the so-called ‘ageing population’ issue and has proposed that, if superannuitants have earnings other than their pension, they should pay a higher rate of tax on those earnings. Welcome back to the 1980s.
Don Brash bassettbrashandhide.com Don Brash was Reserve Bank Governor from 1988 to 2002, and National Party Leader from 2003 to 2006 One follower of our blog wrote in recently and said he would like to see a column on “the impact on New Zealand of the printing of billions
No doubt attracted by the irresistible scent of mountains of government money, renewable energy and climate activism are fields rife with charlatans, troughers, rent-seekers and frauds. From the billions the clueless Obama sunk into boondoggles like Solyndra, to the obvious scam of burning trees and calling it “emissions free”. Most
Taxpayers’ Union The Taxpayers’ Union has continued to expose how the Government has frittered away the $62 billion Cv response fund. The Cv response fund was 20 times larger than Shane Jones’s infamous Provincial Growth fund, and yet even before the current lock down, Grant Robertson had whittled it
David Seymour ACT Leader Grant Robertson has today told the Finance and Expenditure Select Committee that it doesn’t matter how much of the COVID-19 Recovery Fund he’s blown on unrelated spending because he can always borrow more. Three months ago, there was only $5 billion left from the
Andrew Bayly Shadow Treasurer For several weeks now, National has been highlighting the fact that, according to Budget documents, Finance Minister Grant Robertson has already blown $57 billion of a total $62 billion of funds set aside to deal with the Covid pandemic. We were highlighting this before the current
David Seymour ACT Leader The day has arrived where businesses will rightly need support from the Government after they’ve been forced to close but the rainy-day fund has already been raided. The Government has been dipping into the $50 billion COVID fund, with $515 million on school lunches, $26.
With the latest lockdown, Jacinda Ardern is effectively holding this country and therefore its people to ransom. She is holding businesses and livelihoods to ransom. She is holding the economy to ransom. She is, by her actions, pretty much holding the share market to ransom. None of this bothers Ardern
The Reserve Bank’s decision to hold the Official Cash Rate at 0.25 per cent is the right one given the economic uncertainty New Zealand now faces as a result of the new Covid-19 lockdown, says National’s Shadow Treasurer Andrew Bayly. “The Bank has done the right thing,
Is Alexandria Ocasio-Cortez really as stupid as she apparently wants us to believe? I mean, “Occasional-Cortex” has an actual degree. In Economics, no less. So, surely she can’t be a complete cretin? So why does she keep saying such stupid, stupid things – especially about political-economy? Rep. Alexandria Ocasio-Cortez (D-NY)
Economic Development Minister Stuart Nash has fumbled negotiations with Amazon and now the billions of dollars that would’ve been spent in New Zealand will now go to the UK economy, National’s Economic Development spokesperson Todd McClay says. The extra 5 per cent rebate paid to production companies is
