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Economy

Collins’ Comments

Collins’ Comments

Hon Judith Collins judithcollins.national.org.nz A Budget for benefits not jobs The government has surprised everyone with their policies over recent weeks as they softened us up for their fourth Budget announced last week. It was interesting that we saw announcements that public sector employees would face a

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Todd Mcclay – Renamed PGF Still Won’t Deliver

Todd Mcclay – Renamed PGF Still Won’t Deliver

The Government’s newly named Provincial Growth Fund isn’t anything new, it merely demonstrates its inability to deliver for New Zealanders, National’s Economic Development spokesperson Todd McClay says. “In 2017 Grant Robertson said the Provincial Growth Fund (PGF) ‘says everything about what I want this Government to be

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The Dependency Budget

The Dependency Budget

Dr Muriel Newman nzcpr.com Budget 2021 was the most political budget we have seen in recent years. From the new railway assembly workshops in Dunedin – to keep the trade unions happy – to the major income boosts for beneficiaries of up to $55 a week, it represented a major payback

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boy and girl playing on three tree log

Long Term Benefit Numbers Will Keep Climbing under Labour

Karen Chhour ACT’s Social Development spokesperson As long as the Government has its hands over its ears screaming “la la la” about benefit numbers, they will keep rising. There are 365,937 working-age people receiving a main benefit as at the end of March 2021. That’s an

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5 pieces of banknotes on yellow and white textile

Invisible Earnings

Sir Bob Jones nopunchespulled.com An extraordinary article in a recent Economist put the foreign exchange revenue yielded from British courts at an amount slightly higher than all of New Zealand’s export earnings from all sources. In one sense this is dismaying as it reflects the mainly corruption-caused

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Inflation: Your Role as a Milk Cow

Inflation: Your Role as a Milk Cow

Jeff Thomas internationalman.com Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units lowers their rarity, as compared to the supply of goods and

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$1.3B for ‘Maori’ in Budget

$1.3B for ‘Maori’ in Budget

Hobson’s Pledge Trust The proposal to spend $1.3 billion in the next financial year on “Maori” cannot go without comment. Proposed spending includes: 1. $427.8 million supposedly for “Crown-Maori” relations, but actually for Treaty settlements. 2. $380 million to deliver 1000 new homes for Maori including

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Employment Protection Insurance

Employment Protection Insurance

Okay. Let’s take a look at the proposed Employment Protection Insurance, dangled like a carrot at middle New Zealand by the benevolent Grant Robertson while reading the 2021 Budget. On the face of it, such a scheme would have a couple of major benefits. The first is that those

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Right vs Left on the Budget

Right vs Left on the Budget

Reading two articles relating to the Budget in the Weekend Herald served to illustrate the different thought processes of the right and the left on matters of a political and economic nature. One was by journalist Claire Trevett; the other by Steven Joyce, a man with a good dose of

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Chris Trotter Foolishly Invokes Mickey Savage

Chris Trotter Foolishly Invokes Mickey Savage

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

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Other People’s Money

Other People’s Money

It seems that its large majority, won at the last election, has gone to Labour’s head. On election night, Jacinda Ardern promised to govern for all New Zealanders. After all, she was well aware that many people who normally voted National had given her government a resounding second term.

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A Wonderful, Magical Budget

A Wonderful, Magical Budget

Grant Robertson must surely believe in fairies, pixies and unicorns. His ‘BludgeIt’ makes some astonishing assumptions in order to magic up results. Steven Joyce outlines just how magical the thinking in the ‘BludgeIt’ is: First, our economy is apparently going to grow faster than Australia’s in three of the

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