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NZ Budget 2021: billions more for benefits, but one eye on the bottom line

May 20, 2021

Source: The Conversation (Au and NZ) – By Jennifer Curtin, Professor of Politics and Policy, University of Auckland New Zealand has now had three “Wellbeing Budgets”: the prototype in 2019, the COVID-19 “Rebuilding Together” version in 2020, and today Finance Minister Grant Robertson announced the Labour government is “Securing our Recovery”. With Labour governing with ... <a title="NZ Budget 2021: billions more for benefits, but one eye on the bottom line" class="read-more" href="https://eveningreport.nz/2021/05/20/nz-budget-2021-billions-more-for-benefits-but-one-eye-on-the-bottom-line-161083/" aria-label="Read more about NZ Budget 2021: billions more for benefits, but one eye on the bottom line">Read more</a>

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Bryce Edwards’ Political Roundup: Will the Government take the poverty crisis seriously?

May 17, 2021

Analysis by Bryce Edwards. This week’s Budget is a chance for the Labour Government to take the crisis of poverty and inequality seriously. They can do this by delivering something serious or even transformational for those suffering at the bottom of the heap in New Zealand. In particular, a big increase in core benefit rates ... <a title="Bryce Edwards’ Political Roundup: Will the Government take the poverty crisis seriously?" class="read-more" href="https://eveningreport.nz/2021/05/17/bryce-edwards-political-roundup-will-the-government-take-the-poverty-crisis-seriously/" aria-label="Read more about Bryce Edwards’ Political Roundup: Will the Government take the poverty crisis seriously?">Read more</a>

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Analysis – The Singapore Conundrum: Why Emulating Its Success Could be a Mistake

May 14, 2021

Analysis by Simon Angelo (WealthMorning.com) Our business is finding profitable and innovative businesses to invest in. We’ve had a stellar recovery run since Covid. If there’s one thing that separates these companies out from the rest, it is this: They have found a profitable niche and own that part of the market. They are not ... <a title="Analysis – The Singapore Conundrum: Why Emulating Its Success Could be a Mistake" class="read-more" href="https://eveningreport.nz/2021/05/14/analysis-the-singapore-conundrum-why-emulating-its-success-could-be-a-mistake/" aria-label="Read more about Analysis – The Singapore Conundrum: Why Emulating Its Success Could be a Mistake">Read more</a>

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Keith Rankin Analysis – The New Zealand Government’s ‘Public Finance Rabbithole’

May 12, 2021

Analysis by Keith Rankin. Last week, out of left field, the government placed a three-year embargo on normal public sector wage bargaining, essentially a salary freeze. While there has been a certain amount of backtracking since, it is clear that the government has been very committed to ‘fiscal consolidation’ (aka ‘austerity’). What were they thinking? ... <a title="Keith Rankin Analysis – The New Zealand Government’s ‘Public Finance Rabbithole’" class="read-more" href="https://eveningreport.nz/2021/05/12/keith-rankin-analysis-the-new-zealand-governments-public-finance-rabbithole/" aria-label="Read more about Keith Rankin Analysis – The New Zealand Government’s ‘Public Finance Rabbithole’">Read more</a>

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Bryce Edwards’ Political Roundup: Have billions been incorrectly paid out in the wage subsidy scheme?

May 12, 2021

Analysis by Bryce Edwards. The Government’s wage subsidy scheme may have incorrectly paid out billions of dollars to ineligible businesses, and this is not being audited. That’s the conclusion to be taken from the Auditor General’s report, released yesterday. It is highly critical about the lack of checks and balances on a scheme that has ... <a title="Bryce Edwards’ Political Roundup: Have billions been incorrectly paid out in the wage subsidy scheme?" class="read-more" href="https://eveningreport.nz/2021/05/12/bryce-edwards-political-roundup-have-billions-been-incorrectly-paid-out-in-the-wage-subsidy-scheme/" aria-label="Read more about Bryce Edwards’ Political Roundup: Have billions been incorrectly paid out in the wage subsidy scheme?">Read more</a>

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Bryce Edwards’ Political Roundup: The Public sector worker backlash against Labour

May 9, 2021

Analysis by Bryce Edwards Is Labour supposed to be the party of labour or of capital? It’s often hard to tell these days, and many in the labour movement and the political left are feeling betrayed this week by the Government’s announcement of a pay freeze for public sector workers. The Government has essentially directed ... <a title="Bryce Edwards’ Political Roundup: The Public sector worker backlash against Labour" class="read-more" href="https://eveningreport.nz/2021/05/09/bryce-edwards-political-roundup-the-public-sector-worker-backlash-against-labour/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Public sector worker backlash against Labour">Read more</a>

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Cook Islands PM on travel bubble: ‘Today, we start to rebuild’

May 4, 2021

By Charlie Dreaver, RNZ News political reporter Cook Island businesses holding out for much needed tourists have now got a reprieve with a travel bubble with New Zealand less than two weeks away. It will start on May 17, with Air New Zealand offering flights from May 18. During yesterday’s announcement, Cook Islands Prime Minister ... <a title="Cook Islands PM on travel bubble: ‘Today, we start to rebuild’" class="read-more" href="https://eveningreport.nz/2021/05/04/cook-islands-pm-on-travel-bubble-today-we-start-to-rebuild/" aria-label="Read more about Cook Islands PM on travel bubble: ‘Today, we start to rebuild’">Read more</a>

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OP-ED: Simon Angelo on Why You Might Need a Garage to Get Rich

May 3, 2021

3 May 2021 By Simon Angelo editor of WealthMorning.com There’s a sign on the Northern Motorway I see at least twice a week. It’s advertising a high-density townhouse developer. The homes appear squashed together, side-by-side and on top of one another. There are no garages. Garages can be important If there’s a tangible link to ... <a title="OP-ED: Simon Angelo on Why You Might Need a Garage to Get Rich" class="read-more" href="https://eveningreport.nz/2021/05/03/op-ed-simon-angelo-on-why-you-might-need-a-garage-to-get-rich/" aria-label="Read more about OP-ED: Simon Angelo on Why You Might Need a Garage to Get Rich">Read more</a>

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Analysis – CoreLogic data reinforces heated housing market conditions that led to NZ Gov’s policy moves

April 29, 2021

SOURCE: CORELOGIC: The CoreLogic Property Market & Economic Update for Q1 2021 reinforced the heated market conditions which led to the Government’s recent housing policy announcement. Through the first quarter of 2021 sales activity remained high despite record-low listings, property values rose rapidly, and mortgaged investor participation surged from 27% to a record-high 29% share ... <a title="Analysis – CoreLogic data reinforces heated housing market conditions that led to NZ Gov’s policy moves" class="read-more" href="https://eveningreport.nz/2021/04/29/analysis-corelogic-data-reinforces-heated-housing-market-conditions-that-led-to-nz-govs-policy-moves/" aria-label="Read more about Analysis – CoreLogic data reinforces heated housing market conditions that led to NZ Gov’s policy moves">Read more</a>

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Analysis – New Zealand Property Market: An Eerie Warning from the IMF – Wealth Morning

April 27, 2021

Analysis by Simon Angelo, Editor, Wealth Morning * August 2000: IMF Report contends Irish property prices are almost certainly heading for a collapse in the medium-term. * Between 2007 to 2013: Irish house prices (nominal) fall 54%. * March 2021: IMF Report contends New Zealand’s unsustainable house price rises could trigger a pronounced correction. * ... <a title="Analysis – New Zealand Property Market: An Eerie Warning from the IMF – Wealth Morning" class="read-more" href="https://eveningreport.nz/2021/04/27/analysis-new-zealand-property-market-an-eerie-warning-from-the-imf-wealth-morning/" aria-label="Read more about Analysis – New Zealand Property Market: An Eerie Warning from the IMF – Wealth Morning">Read more</a>

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Keith Rankin Analysis – Money, Housing, and King Canute

April 22, 2021

Analysis by Keith Rankin. Stories last week from Radio New Zealand: Expert analysis: low interest rates vs soaring house prices, Nine to Noon, 15 April 2021. And refer to: Arthur Grimes: How to fix a broken Auckland? Add 150,000 homes to crash prices by 40%; The Spinoff, 4 July 2016 Bernard Hickey: PM says Arthur ... <a title="Keith Rankin Analysis – Money, Housing, and King Canute" class="read-more" href="https://eveningreport.nz/2021/04/22/keith-rankin-analysis-money-housing-and-king-canute/" aria-label="Read more about Keith Rankin Analysis – Money, Housing, and King Canute">Read more</a>

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Keith Rankin Essay – Solving the Housing Crisis: Making Homes

March 30, 2021

Essay by Keith Rankin. Getting the Language Correct Aotearoa New Zealand has a housing problem; a very big housing problem, and a problem not unique to New Zealand. While political leaders and privileged commentators do acknowledge the problem, the discussion remains befuddled, presumably largely because of the compromised political and financial interests of those who ... <a title="Keith Rankin Essay – Solving the Housing Crisis: Making Homes" class="read-more" href="https://eveningreport.nz/2021/03/30/keith-rankin-essay-solving-the-housing-crisis-making-homes/" aria-label="Read more about Keith Rankin Essay – Solving the Housing Crisis: Making Homes">Read more</a>