Economy
Ardern’s Luck Has Run Out
The ‘Covid Queen’ started her political career as the ‘Crisis Queen’, rising to international stardom on lucky breaks provided by the politically motivated exploitation of cyclical weather changes (initially named global warming then renamed climate change), the Christchurch killings and then the White Island eruption. All attracted global media attention.
Minister of Social Welfare Unaware She’s Paying Premium Rates
Housing the homeless is big business for the motel owners taking the risk of their property being trashed or small goods stolen along with their reputations when the public discover they might be sleeping next door to relatives and friends of gang members. But business savvy motel owners are making
GDP Decline a Wakeup Call for Government
Today’s GDP result is particularly disappointing because it appears the biggest contributor is the decline in the infrastructure sector, National’s Shadow Treasurer Andrew Bayly says. “According to Stats NZ 2.9 per cent is the largest annual fall ever in GDP for New Zealand. Construction activity has fallen
Government Facing the Reality of Importing Gas
A flurry of revelations in the past month show the oil and gas ban is unfolding exactly as officials predicted, National’s Energy and Resources spokesperson Barbara Kuriger says. Energy and Resources Minister Megan Woods told Parliament today that since the oil and gas ban in 2018, 88,000 square
The Kiwi Dream: Have Millennials Missed Out on Housing?
Alistair Bilkey wealthmorning.com Alistair is the Chief Technology Officer at Wealth Morning. An experienced developer, his responsibilities include the website, ecommerce and our WealthMail system. He is an investor and trader in his own right with a strong interest in high-growth technology businesses and cryptocurrency. He previously worked in
How Investors Could Solve the Housing Crisis
Simon Angelo Editor Wealth Morning wealthmorning.com Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning professional-services
Ethical Investing: Whose Ethics?
I don’t know about you, but I want my Kiwisaver to make as much money as possible and I don’t really care about ethics in investing: Minister of Finance Grant Robertson has written to chairs of the Super Fund and ACC, asking them to adopt ethical investment policies
Walmart and Costco Just Gave over 400,000 Workers a Raise despite No Minimum Wage Increase. Here’s Why
Patrick Carroll fee.org Patrick Carroll has a degree in Chemical Engineering from the University of Waterloo and is a Eugene S. Thorpe Writing Fellow at the Foundation for Economic Education. Imagine you’re an employee at Walmart. Maybe you’re a single mom working to pay the bills or
Harbour Crossing Should Be a Priority, Not an Afterthought
The Government’s lack of urgency with a second harbour crossing for Auckland shows how misguided it is when it comes to the needs of the city and New Zealand’s economy. “Auckland desperately needs investment in a second harbour crossing but the Government has its priorities all wrong,” National’
Study in Nature Blows Lockdowns Out of the Water
Covid Plan B covidplanb.co.nz The most comprehensive analysis yet, comparing Google movement data to Covid-19 deaths has found that lockdown (“stay at home”) had no role in preventing Covid-19 fatalities. The scientific report published in Nature says: “In ~98% of the comparisons using 87 different regions of the
No Joined-up Thinking in Government
Exhibit One, April 2018: Prime Minister Jacinda Ardern has banned future offshore oil and gas exploration in New Zealand. “We’re protecting industry and protecting future generations from climate change,” said Ardern. “This is a responsible step, which provides certainty for businesses and communities that rely on fossil fuels.” Exhibit
NZ Can’t Wait Any Longer for a Trans-Tasman Bubble
National is calling on the Government to open the trans-Tasman bubble with Australia to give our desperate tourism sector a much-needed boost and reunite Kiwis with family and friends across the ditch. “New Zealand and Australia have both done well to reduce the threat of Covid-19,” Leader of the Opposition