News
Why we're land 'rich', but income poor
3+ hour, 24+ min ago (180+ words) Households in New Zealand are often presented as the worst savers in the OECD1, but that's because those measures exclude the wealth home owners believe is stored in residential land values. Including land values in household net worth, which is how…...
Why Trump's capitulation won't fix stagflation
2+ week, 5+ day ago (262+ words) The K'k' by Bernard Hickey Why Trump's capitulation won't fix stagflation Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Thursday, April 9: Donald Trump's capitulation to allowing Iran to keep control of the Strait of…...
Yet again, the vested interests insert inflation
1+ mon, 1+ day ago (172+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Friday, March 27: In another example of how our vested interests have captured our political economy and insert inflation by blocking competition reform, ACT boasted yesterday that…...
RBNZ laments stagnation of productivity reforms
1+ mon, 2+ day ago (186+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Thursday, March 261: Reserve Bank Chief Economist Paul Conway yesterday pointed in a speech to the bipartisan failure in productivity and competition reforms over the last two…...
Triple whammy of inflation, rate hikes & lower NZ$
1+ mon, 1+ week ago (164+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty Wednesday, March 18: The fuel inflation spike is set to combine with higher mortgage rates1 and a lower New Zealand dollar to deliver a triple-whammy to real disposable incomes....
Dawn Chorus: Treasury warns of stagflationary hit
1+ mon, 2+ week ago (149+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Tuesday, March 10: Treasury has warned Finance Minister Nicola Willis of a stagflationary hit from Iran war energy price shock, with GDP growth being 0. 2% to 0. 4% lower than…...
Dawn Chorus: Luxon clings on as inflation shock looms
1+ mon, 3+ week ago (149+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Saturday, March 7: PM Christopher Luxon refused to resign yesterday after a Taxpayers Union-Curia poll showed National headed for its worst result since the 2020 election1. Oil rose over…...
A Mini-Hoon with David Skilling on productivity
2+ mon, 1+ day ago (155+ words) The K'k' by Bernard Hickey Independent economist David Skilling gave a stark public presentation to Treasury officials and others yesterday that painted a brutal picture of New Zealand's labour productivity and real wage catastrophe since 2010, pointing out our economy remained…...
Productivity-pocalypse laid bare to Treasury
2+ mon, 2+ day ago (307+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Thursday, February 26: Chart of the Day: A new poll for The Post-$ by Freshwater and sponsored by Infrastructure NZ found New Zealanders wanted more mega-projects, but…...
Why NZ is behind with tech investment
2+ mon, 3+ day ago (187+ words) Briefly in the news in Aotearoa's political economy around housing, climate and poverty on Wednesday, February 25: The Sidebar - The end result of pumping spare cash into land, rather than productivity-enhancing investment in business and technology, is low real wages and…...