Category: Economic Issues
This really points to the absurdity of the KiwiBuild scheme. It will not help a low income household at all - even “cost” price is too great, so those who are not on a wage on a par with a student doctor and IT expert will have to continue to rent and pay more as rents rise, thanks to all of the new rental-housing related regulations that the Government is bringing in
Like Helen Clark, Jacinda Ardern is using global warming to create a political platform on the international stage - and perhaps a career path at the United Nations. But her game plan - to lead the world through zero carbon legislation - will come at a significant economic cost to New Zealand.
Much has been written recently about the misrepresentation of the effectiveness of methane as a Greenhouse Gas (GHG). Our paper published in The Journal, the official publication of the New Zealand Institute of Primary Industry Management in September concludes that methane is irrelevant as a GHG and so is nitrous oxide.
It would be a huge mistake to believe that most Americans are obsessed with President Donald Trump and the ongoing drama in the nation's capital. Most Americans get on with life and are usually more interested in local matters.
The cost of living is on the rise due largely to the record prices that New Zealanders are now paying at the petrol pump. Petrol hit $2.40 and more for the first-time last week, but over the weekend, the “no new taxes” Labour Government imposed a new petrol excise tax adding another 3.5 cents per litre – plus GST - onto the cost of fuel.
Ever since Meremere power station was commissioned in the 1950s, New Zealand has relied on coal-fired power stations supplemented by gas and oil to provide the 10% of annual energy needed in a 1:20 dry year to replace the shortfall in hydropower generation. To make up for the shortfall we need to have an energy store that can be converted into electricity over a four month dry period.
Last week, the Government’s Tax Working Group released its interim report signalling that a Capital Gains Tax of up to 33 percent - more than double the 15 percent rate originally proposed by Labour – will be introduced before the next election.
Last week the Tax Working Group published its interim report on its recommended changes to the tax system. The 196 page report makes no firm recommendations but it discards a number of matters raised in the discussion paper and gives strong indications of what is likely to be included in the final report which is due in February.
Labour clearly sees the landlord tenant relationship as a definitive political ‘battleground’. Anyone living in rental accommodation is regarded as a potential voter. Put simply, there is political capital to be made by demonising landlords and victimising renters.