CoveragePost
November 16, 2023
Analysis by Keith Rankin. The three components to the crisis are churn, aging, and the increasing predominance of births into disadvantaged households. Churn Yesterday the main release from Statistics New Zealand was Record net migration loss of New Zealand citizens. ” There was a record net migration loss of 44,700 New Zealand citizens in the ... <a title="Keith Rankin Analysis – New Zealand’s coming triple demographic crisis" class="read-more" href="https://eveningreport.nz/2023/11/16/keith-rankin-analysis-new-zealands-coming-triple-demographic-crisis/" aria-label="Read more about Keith Rankin Analysis – New Zealand’s coming triple demographic crisis">Read more</a>
CoveragePost
November 14, 2023
Analysis by Keith Rankin. Christopher Luxon and Nicola Willis have a bottom-line policy of delivering “tax relief” to New Zealand’s “squeezed middle”. Their modest policy is to increase the first three income tax thresholds by 11.5%, representing compensation for about two years of inflation-driven tax increases. (Labour’s policy, by contrast, was to take advantage of ... <a title="Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax" class="read-more" href="https://eveningreport.nz/2023/11/14/keith-rankin-analysis-christopher-luxon-is-tone-deaf-and-slightly-innumerate-on-tax/" aria-label="Read more about Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax">Read more</a>
CoveragePost
October 12, 2023
Analysis by Keith Rankin. This chart shows the anomalous economy which is Ireland. In tradingeconomics.com, Ireland and New Zealand are shown as having exactly the same population (5.15m). Yet Ireland has a GDP of $US529 billion, whereas New Zealand has a GDP of $US247 billion, less than half. (Even Sweden, with double Ireland’s population, has ... <a title="Keith Rankin Chart Analysis – Economic Growth: Ireland compared to Australasia" class="read-more" href="https://eveningreport.nz/2023/10/12/keith-rankin-chart-analysis-economic-growth-ireland-compared-to-australasia/" aria-label="Read more about Keith Rankin Chart Analysis – Economic Growth: Ireland compared to Australasia">Read more</a>
CoveragePost
September 26, 2023
Analysis by Keith Rankin. The principal measure of economic success in the mainstream narrative is economic growth. The pointy heads associated with that narrative will correctly point out that its economic growth per capita that matters, and which serves as a crude proxy for ‘living standards’. This conventional wisdom says that annual economic growth of ... <a title="Keith Rankin Chart Analysis – Economic Growth per Capita: New Zealand in Context" class="read-more" href="https://eveningreport.nz/2023/09/26/keith-rankin-chart-analysis-economic-growth-per-capita-new-zealand-in-context/" aria-label="Read more about Keith Rankin Chart Analysis – Economic Growth per Capita: New Zealand in Context">Read more</a>
CoveragePost
September 4, 2023
Analysis by Keith Rankin. The Financial Profile of a Nation State New Zealand Incorporated (in abbreviation, NZ Inc.) is Aotearoa New Zealand thought of as an economic nation. The domestic economy of New Zealand splits into the ‘Government’ and ‘Private’ sectors, where ‘Private’ means ‘non-Government’. ‘NZ Inc.’ is embodied within ‘World Inc.’; that is, within ... <a title="Keith Rankin Analysis – New Zealand’s Exceptional Financial Policy Signature" class="read-more" href="https://eveningreport.nz/2023/09/04/keith-rankin-analysis-new-zealands-exceptional-financial-policy-signature/" aria-label="Read more about Keith Rankin Analysis – New Zealand’s Exceptional Financial Policy Signature">Read more</a>
CoveragePost
August 31, 2023
Analysis by Keith Rankin. New Zealand’s Exceptional Economic Policy Fingerprint The above chart shows New Zealand’s financial (im)balances from 1999. What is truly exceptional is the number of years in which Aotearoa New Zealand has green and red together on the ‘surplus’ side of the chart. (I have discussed this in May in Visualising Countries’ ... <a title="Keith Rankin Chart Analysis – New Zealand’s Financial Exceptionalism" class="read-more" href="https://eveningreport.nz/2023/08/31/keith-rankin-chart-analysis-new-zealands-financial-exceptionalism/" aria-label="Read more about Keith Rankin Chart Analysis – New Zealand’s Financial Exceptionalism">Read more</a>
CoveragePost
December 2, 2022
Analysis by Dr Bryce Edwards. Political Roundup: Clawing back $7bn of corporate welfare The taxpayer is short of billions of dollars that were overpaid to businesses during Covid according to Christchurch philanthropists Grant and Marilyn Nelson. They are taking legal action against state agencies to push them to recoup up to $7bn that was wrongly paid ... <a title="Bryce Edwards’ Political Roundup: Clawing back $7bn of corporate welfare" class="read-more" href="https://eveningreport.nz/2022/12/02/bryce-edwards-political-roundup-clawing-back-7bn-of-corporate-welfare/" aria-label="Read more about Bryce Edwards’ Political Roundup: Clawing back $7bn of corporate welfare">Read more</a>
CoveragePost
May 19, 2022
Analysis by Dr Bryce Edwards. Finance Minister Grant Robertson has delivered a Budget that will many asking “Is that all there is?” There is a myriad of initiatives and there is increased spending, but strangely it doesn’t really add up to much at all for those hoping for a more traditional Labour-style Budget. The headline ... <a title="Bryce Edwards’ Political Roundup: A Conservative Budget for volatile times" class="read-more" href="https://eveningreport.nz/2022/05/19/bryce-edwards-political-roundup-a-conservative-budget-for-volatile-times/" aria-label="Read more about Bryce Edwards’ Political Roundup: A Conservative Budget for volatile times">Read more</a>
CoveragePost
May 13, 2022
Analysis by Keith Rankin. Modern ‘western’ governments are known as ‘liberal democracies’. While each political party in a liberal democracy has a ‘policy agenda’ which it would like to implement, only single-party governments have a realistic opportunity to fully implement their agenda; and they typically need multiple terms of single party (or near single party) ... <a title="Keith Rankin Essay – Liberal Democracy in the new neonationalist era: The Three ‘O’s" class="read-more" href="https://eveningreport.nz/2022/05/13/keith-rankin-essay-liberal-democracy-in-the-new-neonationalist-era-the-three-os/" aria-label="Read more about Keith Rankin Essay – Liberal Democracy in the new neonationalist era: The Three ‘O’s">Read more</a>
CoveragePost
March 16, 2022
Analysis by Keith Rankin. The big new story in the news cycle – in New Zealand but not only in New Zealand – is the rising ‘cost of living’, which is usually conflated with ‘inflation’. These topics – together and separately – are, like Covid19, devolved to ‘social science’ (macroeconomist in this case) ‘experts’; within ... <a title="Keith Rankin Essay – Rising ‘Cost of Living’ and Inflation" class="read-more" href="https://eveningreport.nz/2022/03/16/keith-rankin-essay-rising-cost-of-living-and-inflation/" aria-label="Read more about Keith Rankin Essay – Rising ‘Cost of Living’ and Inflation">Read more</a>
CoveragePost
January 8, 2022
Opinion by Chris Leitch, leader of Social Credit Party. The Reserve Bank holds $55 billion in Government bonds (around half of the Government’s current borrowing) – It bought those bonds (IOU’s which represent previous government borrowing) from the country’s commercial banks, institutional investors, and managed funds (such as Kiwisaver) using a process termed Quantitative Easing ... <a title="Opinion – The Reserve Bank holds $55 billion in Government bonds (around half of the Government’s current borrowing)." class="read-more" href="https://eveningreport.nz/2022/01/08/opinion-the-reserve-bank-holds-55-billion-in-government-bonds-around-half-of-the-governments-current-borrowing/" aria-label="Read more about Opinion – The Reserve Bank holds $55 billion in Government bonds (around half of the Government’s current borrowing).">Read more</a>
CoveragePost
December 20, 2021
Taxation is the mechanism for redistribution of wealth to combat inequality and for redirecting resources to build a society. But our current tax principles though largely hidden or not understood by ordinary people, lie at the root of all our current inequality and struggling economy. Struggling at least for ordinary people. This article shows our current tax principles are central to our economic problems. Understand and fix tax and we are on a path to greater economic security and wealth for all, a ‘citizens economy’.
