Category: Economic Issues
I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Yet, not a single person on the face of this earth knows how to make me.
We are witnessing a remarkable turnaround in New Zealand politics. The Coalition agreement entered into by National, ACT and New Zealand First reflects the first three-party coalition deal in our country’s history. Democracy can be seen to have prevailed, with MMP delivering what a majority of New Zealanders want.
A Court of Appeal decision was released last week that will have a profound influence on the future of New Zealand. Poor drafting and a radical application of ‘tikanga’ by the judiciary has delivered the exact opposite outcome from what the public was promised.
Since He Puapua transfers democratic rights and public resources to the tribal elite, it represents major constitutional change. But with Labour securing no public mandate for He Puapua, all policy enactments are illegitimate and should be scrapped. That includes the Maori Health Authority, Three Waters, and all commitments to co-governance.
History is clear. The best way to grow an economy is for the Government to get out of the way and let businesses do what they do best: create jobs and wealth. New Zealand’s future should harness the entrepreneurialism, energy, and expertise of Kiwis wanting to build a good future for themselves and their families.
Treasury’s pre-election forecasts confirmed that Government spending exceeds revenue by more than what was forecast in the May 2023 Budget. Far too many commentators are concluding the increase is not too bad. Do not be fooled. The forecasts are not realistic. They are too optimistic.