While it is encouraging to see that Labour have finally responded to the 2017 Sea Change report, the Government’s announcement bears the hallmarks of another shallow policy announcement, National’s Oceans and Fisheries spokesperson Tim van de Molen says. “New Zealand’s nearly four years under this Government is
In his excellent Basic Economics, Thomas Sowell argues that the fundamental principle of economics is scarcity. “Economics is the study of the use of scarce resources which have alternative uses.” As Sowell says, that “may seem like a simple thing, but its implications are often grossly misunderstood, even by highly
I have a client who has been hit rather badly by the Bright-line Test. His profit on the property sale is over $200,000, on which he will have to pay tax. As he already has a reasonable income, this is going to push him well into the top tax
Sir Bob Jones nopunchespulled.com A private Super Fund purveyor, Sam Stubbs, gained ill-deserved headlines when he described the decision by Rob Muldoon to scrub Labour’s 1974 Super Scheme as, “The Worst Decision by a New Zealand politician ever”. Plainly Stubbs knows bugger all about New Zealand history, or
I was chatting to a client the other day. He has been in the construction industry for the last three decades. Now in his 50s, his personal situation is quite comfortable; he has only a small mortgage and a nice house in a coastal area, and he has decided to
David Seymour ACT Leader The Reserve Bank printed $100 billion, the Government borrowed $60 billion – we’ve got an economy that’s running on a sugar hit. The Government has been focused on all manner of initiatives, from bike bridges to public holidays, and paying people more to stay home,
There is a disconnect between our government’s lobbying for a trade agreement with the UK and the EU and failing to foster an environment in New Zealand for increased commerce and trade post-Covid, so that we have the products and services available to sell in these markets. A freeze
Jacinda Ardern is not the only trying to pull a swifty over electric cars versus utes. Notoriously, Ardern is trying to subsidise luxury EV cars for wealthy people at the expense of tradies and ordinary car-owners. Which is exactly what her dewy-eyed fans across the ditch at Australia’s ABC
John Ling wealthmorning.com John is the Chief Marketing Officer at Wealth Morning. His responsibilities include marketing, customer service, and compliance. He is an experienced investor and portfolio manager, trading both on his own account and assisting with high net-worth clients. In addition to contributing financial and geopolitical articles to
The Government’s car tax will unfairly punish Kiwis who don’t have the option right now of switching to an electric vehicle, National’s Transport spokesperson Michael Woodhouse says. National supports introducing financial incentives for people to purchase EVs but does not agree with financially punishing those who can’
David Seymour ACT Leader Labour is breaking its promise to not introduce new taxes by slapping new taxes on tradies, farmers and large families. The ‘feebate’ scheme ignores the fact that vehicles are already taxed and subsidised through the Emissions Trading Scheme (ETS). In September 2020, Grant Robertson said ‘we
Tom Fowdy rt.com Tom Fowdy is a British writer and analyst of politics and international relations with a primary focus on East Asia. The Latin American nation, which has used the greenback since 2001, has become the first nation in the world to institute the cryptocurrency as legal tender.
David Seymour ACT Leader Even Jacinda Ardern’s harshest critics never imagined her ‘nuclear-free moment’ would be coal-powered. According to the latest figures from the Ministry of Business Innovation and Employment (MBIE), coal imports are up are up 25 per cent on the same quarter last year. Coal used for
I grew up under a barrage of strikes. In 1970s Britain, there was always a strike somewhere – a car plant strike here, a cross-Channel ferry strike in the holiday season. Strikes were as regular and tedious as they were damaging. I studied for my ‘A’ Levels (7th Form Certificate) by
New Zealand is badly in need of a government that understands good decision making and the economic consequences of those decisions. We have not had one since late 2017. The current lot of reprobates are 69 individuals, playing at being in charge and having no idea of how to go
