Top Menu

Archive | Economics


Politicians reach a new low on tax

Wouldn’t it be nice if elections were about uncovering the best government policies and the best people to implement them? Isn’t that why we have a democracy in the first place? Well, we can kiss that illusion goodbye. Take a look at the way the major parties are behaving around tax. They’re squabbling about the […]

Continue Reading

Come on Bill, at least tax the Rich fairly

Enough ducking of the issues! Bill English’s response to Oxfam’s report about rising wealth inequality was to point to a government report which suggests income inequality hasn’t got worse over the last ten years. In other words the Minister doesn’t want to talk about wealth, just about income. New Zealand’s tax policies don’t attempt to […]

Continue Reading

Migration matters for house prices

They say a picture can paint a thousand words – so let’s save words and cut straight to the chase on the issue of immigration and house prices…     Over the past two decades migration has had a strong influence on New Zealand’s property prices. Net long term inward migration is the number of […]

Continue Reading

Why compulsory savings won’t cure our ills

It is unfortunate but true that many myths have been peddled by successive governments in relation to KiwiSaver. The latest policy offering from the Labour Party reflects a poor understanding about the limits of KiwiSaver and related issues. This is a major flaw in the comprehensive economic policy it announced last week. Myth one: compulsory private […]

Continue Reading
Man out of work, David Shankbone

Why We Need To Shift To Wealth Taxes

There is an intellectual storm sweeping through the corridors of academia and power in Western countries. New Zealand will no doubt catch up in time and a good thing too. It’s a revolution in understanding about inequality, wealth and the role of tax. In his pioneering 2014 opus, Capital in the 21st Century, French economist […]

Continue Reading
Number one

NZ top of the world on life quality

It’s a result that might surprise many in New Zealand. Good ol’ Godzone is actually getting something right. Despite being a relatively poor member of the moderately rich country club, on a global scale we’re best overall at achieving three things: meeting the basic needs of our population, providing the ‘foundations for wellbeing’ ( things […]

Continue Reading

Why Supermarkets aren’t so super

Last week we saw Shane Jones bagging Countdown for their treatment of suppliers. But don’ t for a moment think the New World/ Pak’nSave crowd are any better. Jones is picking on the Aussies because they are picking on us over there. The truth is that both sides of our cosy supermarket duopoly are as […]

Continue Reading

Film Industry Benefits: Smoke and Mirrors?

The Government has just increased the film industry rebate to 25% to secure production of the Avatar films for New Zealand. Is this good economic management or politicians thinking big and being star struck by Hollywood spin? The Government’s own advice suggests the latter. According to Treasury the current scheme (a rebate of 15%) was […]

Continue Reading