Once upon a time, most people thought housing markets were indestructible. Then along came the Global Financial Crisis in 2008, and people got hurt. Since then, we’ve watched housing markets much more carefully for signs of a problem. Lending is falling Recently, the Reserve Bank published its latest set of data on mortgage lending. Our […]
You’d be forgiven for not noticing that the Government published a new draft energy strategy this week. It’s basically the same as the old energy strategy, which they published in 2011, but with one new target around industrial process emissions intensity. In short, it’s a missed opportunity that shows a lack of bold vision and […]
Our increase in prison numbers – ‘average’ numbers of incarcerated offenders have more than doubled over the last twenty years – is not because New Zealanders are becoming more lawless or because the crime rate is increasing (they aren’t, and it isn’t).
Did cutting the top tax rate in 2010 (to better align it with the trust and company tax rates) eliminate the widespread tax avoidance occurring around the top tax threshold?
On Friday last week, the Treasury released a report by MOTU economic consultants into the effectiveness of the controversial 90-day work trial legislation. The report found that there was “no evidence that the policy affected the number of hires by firms on average, either overall or into employment that lasted beyond the trial period” – which is what National said it would do. It also had no effect on the number of “disadvantaged jobseekers” being hired. In short, 90-day trials have failed to do what National said they would do.
The National Government surprised almost everyone this week by announcing that NZ Post, which owns 100 percent of Kiwibank, is likely to sell 25 percent of its Kiwibank shares to the Superannuation Fund and 20 percent to the ACC Fund. This comes shortly after the Green Party launched a new policy to strengthen Kiwibank so […]
This Easter I’m at home reading papers on urban development and social development, in between trying to catch up on Masterchef and make up time away from my partner. It’s a peaceful time, but I know many people are spending this Easter waiting in trepidation to find out if they’ll have a job in a […]
Both the Treasury and IRD have been advising the National Government on the benefits of a capital gains tax. Documents released to the Green Party under an Official Information Act request show that John Key has been selective with the facts about the advice he’s received on a capital gains tax. IRD produced advice for […]
Treasury papers released under the Official Information Act show that it is providing advice on short-term measures the Government can employ to help it post a surplus this year. The advice includes possible savings from delaying the rebuild of Canterbury; delaying foreign aid expenditure; holding back ACC savings; and new taxes on alcohol, tobacco, and […]
The Cricket World Cup has just opened in New Zealand, and it’s an opportunity for us to shine on the world stage. International sport can be a chance for us to build relationships with other countries, and examine what it means to be New Zealanders; who we are, what we stand for, and what we […]