NewsFlash: Inland Revenue Minister David Parker Caves in to the Bankers
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In the few hours since our last blog, which described how our nation's economic policy has descended into "comedy" as Labour tried to put...
rmacculloch
Aug 31, 20222 min read
A Solution to the Kiwi Saver Tax Debacle
Labour has attracted a flurry of angry headlines over its just-revealed plans to charge GST on fees paid on KiwiSaver accounts, which...
rmacculloch
Aug 19, 20222 min read
The RBNZ Governor's US Bloomberg interview was highly amusing (for all the wrong reasons)
Just over a year ago RBNZ Governor Orr was interviewed by Bloomberg Television & said: "Inflation is a very different beast today than it...
rmacculloch
Aug 17, 20222 min read
The RBNZ's "Summary Record" of its OCR announcement is one big fat political "Non Est Mea Culpa".
For a macroeconomist, the Reserve Bank's Press Release of the "Summary Record" of the meeting of its Monetary Policy Committee today,...
rmacculloch
Aug 16, 20222 min read
Whilst Kiwis Suffer, the Big Banks Play the "Great Game", aided by the RBNZ & Government.
Most days now in the lead-up to the Reserve Bank Official Cash Rate (OCR) announcement (it is expected to rise from 2.5% to at least...
rmacculloch
Aug 15, 20222 min read
The NZ Herald has made assertions that appear to be refuted by scientific evidence
We recently heard about a deal between the government and the "Shortland Street" show related to promoting the recruitment of nurses. The...
rmacculloch
Aug 4, 20222 min read
In order to defend the RBNZ, the Herald diminished economics, by calling the subject "all political"
The NZ Herald's "Business Editor at Large", in order to defend the actions of our Reserve Bank these past years, had this to say about...
rmacculloch
Aug 1, 20222 min read
More RBNZ Inflation Danger: a 2.5% OCR is not "neutral" - it is stimulatory (according to Summers)
When you lack the monetary economics expertise to make decisions in the best interests of your own nation, then you copy others. But it...
rmacculloch
Aug 1, 20221 min read
Did the PM just get her economics wrong?
The news is dominated today by the welfare payout of $350 which is being made to "New Zealand tax residents over the age of 18 who earned...
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