CoveragePost
September 26, 2025
Analysis by Keith Rankin. On Monday (Pushing a String; Ineffective Monetary Policy, 22 September 2025) I wrote about how, in circumstances of economic depression or structural recession, monetary policy is ineffective as the sole policy to induce a country’s economic recovery. Here I look at the historical antecedents of today’s monetary policy narrative. Understandings of ... <a title="Keith Rankin Analysis – A Brief History of Monetary Policy (Part One)" class="read-more" href="https://eveningreport.nz/2025/09/26/keith-rankin-analysis-a-brief-history-of-monetary-policy-part-one/" aria-label="Read more about Keith Rankin Analysis – A Brief History of Monetary Policy (Part One)">Read more</a>
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August 22, 2025
Analysis by Keith Rankin. This year, the heated non-debate in Aotearoa New Zealand about pay equity, has left important answers unquestioned. Equal Pay versus Pay Equity The first point that must be made is to distinguish ‘equal pay’ from ‘pay equity’. Equal pay means, for different identity groups, the same pay for the same work. ... <a title="Keith Rankin Analysis – Equal Pay, Pay Equity, and Cost-of-Living Narratives" class="read-more" href="https://eveningreport.nz/2025/08/22/keith-rankin-analysis-equal-pay-pay-equity-and-cost-of-living-narratives/" aria-label="Read more about Keith Rankin Analysis – Equal Pay, Pay Equity, and Cost-of-Living Narratives">Read more</a>
CoveragePost
July 10, 2025
Analysis by Keith Rankin. I just heard on Radio New Zealand a claim by a British commentator, Hugo Gye (Political Editor of The i Paper), that the United Kingdom (among other countries) has a major public debt crisis, and that if nothing is done about it (such as what Rachel Reeves – Chancellor of the ... <a title="Keith Rankin Analysis – Public Debt, Japan, and Wilful Blindness" class="read-more" href="https://eveningreport.nz/2025/07/10/keith-rankin-analysis-public-debt-japan-and-wilful-blindness/" aria-label="Read more about Keith Rankin Analysis – Public Debt, Japan, and Wilful Blindness">Read more</a>
CoveragePost
August 14, 2024
Department of Mum and Dad Analysis by Keith Rankin. On 12 August, the national-led government announced a new policy program to impose more sanctions on New Zealand’s beneficiaries, meaning people of working age (18-64) whose primary income is a government benefit. (Refer RNZ Government further increases sanctions for beneficiaries, 12 August 2024.) This policy direction ... <a title="Keith Rankin Analysis – Department of Mum and Dad, in the context of a more restrictive welfare state" class="read-more" href="https://eveningreport.nz/2024/08/14/keith-rankin-analysis-department-of-mum-and-dad-in-the-context-of-a-more-restrictive-welfare-state/" aria-label="Read more about Keith Rankin Analysis – Department of Mum and Dad, in the context of a more restrictive welfare state">Read more</a>
CoveragePost
July 31, 2024
Analysis by Keith Rankin. Today is ‘tax cut day’. The present round of income tax cuts has been controversial, despite the fact that they are not ‘real’ tax cuts, only bracket adjustments which partially compensate for CPI inflation this decade. (Here is an interview today with University of Auckland economist Susan St John, which suggests ... <a title="Keith Rankin Analysis – Tax Cuts: 1982 and 2024" class="read-more" href="https://eveningreport.nz/2024/07/31/keith-rankin-analysis-tax-cuts-1982-and-2024/" aria-label="Read more about Keith Rankin Analysis – Tax Cuts: 1982 and 2024">Read more</a>
CoveragePost
July 31, 2024
Analysis by Keith Rankin. The above chart shows CPI inflation in New Zealand in historical context. The chart shows (in orange) the present policy target band of one to three percent annual inflation. And it shows the ‘home-ownership’ component of the CPI. The chart looks different to most charts of CPI inflation, because it uses ... <a title="Keith Rankin Chart Analysis – New Zealand’s Consumers Price Index: CPI Inflation past and present" class="read-more" href="https://eveningreport.nz/2024/07/31/keith-rankin-chart-analysis-new-zealands-consumers-price-index-cpi-inflation-past-and-present/" aria-label="Read more about Keith Rankin Chart Analysis – New Zealand’s Consumers Price Index: CPI Inflation past and present">Read more</a>
CoveragePost
July 22, 2024
Analysis by Keith Rankin. Interest Rates and Increasing Prices: The Facts The first chart above challenges the received view that inflation in New Zealand remains stubbornly high, and that it is therefore appropriate for the Reserve Bank’s official cash rate (OCR) to be held for at least a few more months at its damagingly high ... <a title="Keith Rankin Chart Analysis – The Truth in New Zealand about Price Inflation and Interest Rates" class="read-more" href="https://eveningreport.nz/2024/07/22/keith-rankin-chart-analysis-the-truth-in-new-zealand-about-price-inflation-and-interest-rates/" aria-label="Read more about Keith Rankin Chart Analysis – The Truth in New Zealand about Price Inflation and Interest Rates">Read more</a>
CoveragePost
October 26, 2023
Analysis by Keith Rankin. Today I read this article (David Seymour calls for sweeping changes to make the Reserve Bank more accountable, NZ Herald, 26 October) showing David Seymore’s wish to double-down on New Zealand’s financial model. The Ponzi financial model operates much more broadly than the fraudulent Ponzi schemes associated the likes of players ... <a title="Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy" class="read-more" href="https://eveningreport.nz/2023/10/26/keith-rankin-analysis-the-ponzi-financial-model-and-new-zealands-monetary-policy/" aria-label="Read more about Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy">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
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’.
CoveragePost
December 18, 2021
How to stop ‘the normal principles of taxation’ destroying our economy and begin changes to create a citizen economy (Part A) EDITOR’S NOTE: 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 ... <a title="LONG-FORM REPORT: Creating the citizen economy" class="read-more" href="https://eveningreport.nz/2021/12/18/long-form-report-creating-the-citizen-economy/" aria-label="Read more about LONG-FORM REPORT: Creating the citizen economy">Read more</a>
CoveragePost
October 9, 2020
ANALYSIS: By Geoffrey Ford, University of Canterbury; Bronwyn Hayward, University of Canterbury, and Kevin Watson, University of Canterbury When New Zealand Health Minister Chris Hipkins recently quipped that the Green Party is “to some extent the conscience of the Labour Party” he was not simply referring to polls suggesting Labour may need the Greens’ support ... <a title="How the Greens have changed the NZ language of economic debate" class="read-more" href="https://eveningreport.nz/2020/10/09/how-the-greens-have-changed-the-nz-language-of-economic-debate/" aria-label="Read more about How the Greens have changed the NZ language of economic debate">Read more</a>
