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Economy

Groundswell NZ Protests

Groundswell NZ Protests

The BFD staff attended as many of the protests on Friday as possible. We ran and updated this post continually throughout the day in order to keep those that couldn’t be there informed in order to highlight the magnitude of unrest around the country, and also to provide a

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Average Kiwi Family $9000 a Year Worse off under Labour

Average Kiwi Family $9000 a Year Worse off under Labour

Since coming to power, the Labour Government has managed to make the average Kiwi family about $9000 worse off, or more than $170 a week, National’s Shadow Treasurer Andrew Bayly says. “A combination of poor policy, direct tax increases, and economic mismanagement has seen the cost of living soar,

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Government Taxes Bite as Cost of Living Rises

Government Taxes Bite as Cost of Living Rises

Damien Smith ACT Associate Finance spokesperson It’s no wonder the very areas the Government has piled taxes on are driving the largest increase to inflation in 10 years. Housing costs are up, so are housing taxes. Petrol costs are up, so are petrol taxes. Rents are up, so are

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Anger Management

Anger Management

I travelled into Wellington from the Hutt Valley on the train today. The view along the water was delightful. The passengers provided an eclectic mix of people and races – roughly 50% Europeans and 50% Asians – mostly heading into the capital for work. At the station, I took a taxi to

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Groundswell NZ Protests. Here’s What You Need to Know.

Groundswell NZ Protests. Here’s What You Need to Know.

The BFD is very supportive of the fledgling Groundswell NZ protest movement and we encourage everyone who supports our Farmers, Growers and Tradies to put in an appearance if possible. As an amateur movement in its infancy, info has been a little slow in coming out but there is now

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Halt to Monetary Stimulus Welcomed

Halt to Monetary Stimulus Welcomed

National welcomes the Reserve Bank’s announcement that it will reduce the level of monetary stimulus, and it comes none too soon, National’s Shadow Treasurer Andrew Bayly says. “This doesn’t come as a surprise given the overwhelming evidence that the economy is heating up too much too quickly.

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Rising Costs Slam Middle New Zealand

Rising Costs Slam Middle New Zealand

Damien Smith ACT Associate Finance spokesperson Middle New Zealand is being hit in the pocket because of the Government’s poor policy-making decisions. The Government is continuing to pour fuel onto the fire by increasing costs to businesses at every turn and imposing a fortress New Zealand mentality not

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By the Numbers

By the Numbers

Grant Robertson Deputy Prime Minister Labour Party As the second half of the year gets underway, I wanted to send a quick update on our COVID recovery and in particular, how our economic response is tracking. The recent outbreaks in Australia and Fiji have highlighted that the global pandemic is

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Anti-democratic, Anti-freedom FPAs Must Be Scrapped

Anti-democratic, Anti-freedom FPAs Must Be Scrapped

David Seymour ACT Leader Labour’s plan for compulsory unionism is anti-democratic and anti-freedom and it must be scrapped. Labour has been told by its officials that so-called ‘Fair Pay’ Agreements would wreck the economy and undermine freedom of association. Michael Wood will no doubt ignore this

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Ok Boomer, Pay Up

Ok Boomer, Pay Up

As we’ve recently learned, for all their skiting at today’s youngsters, it’s the Boomers who are the most narcissistic generation of snowflakes. Are they also the greediest? Comedian George Carlin (born before the Boomers) certainly thought so: whiny, narcissistic, self-indulgent people with a simple philosophy: “GIMME

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Turning the Worms

Turning the Worms

Things have changed a lot in the workplace in the last 30 years, and much of it has been good. Women having babies in the 1980s had no paid parental leave, and may have been allowed to take a few months unpaid leave (if they were lucky), but fathers basically

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Make No Mistake

Make No Mistake

Now for a boring little piece on tax… but bear with me. It will reveal the pettiness of this government, and how they really, really do despise farmers, tradies and almost anyone who actually works for a living. The Fringe Benefit Tax (FBT) rules have 2 types of private vehicles:

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The Debt Trap Looming over New Zealand

The Debt Trap Looming over New Zealand

Prime Minister Jacinda Ardern is clearly itching to sign New Zealand up to China’s “Belt and Road Initiative”. Ardern witters that the notorious scheme “has really evolved”, while Trade Minister David Parker urges New Zealand to “get on board”. All those billions of glittering yuan from Beijing are apparently

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Climate Travesty

Climate Travesty

I have taken to reading The Spectator Australia and The Telegraph in the UK recently, as they produce decent journalism that is well researched, well written and thought-provoking without being inherently biased. The Telegraph attacks members on both sides of the political divide roughly equally, while The Spectator attacks

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