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Economy

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Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment

July 30, 2019

Interest rates, though headline‑rousing when it comes to mortgages, are an arcane and deeply mysterious component of economic life. The received wisdom is that they represent the ‘time‑value of money’, and therefore should always be positive. Low interest rates are supposed to indicate a high willingness to postpone consumer pleasures. Interest income is also understood ... <a title="Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment" class="read-more" href="https://eveningreport.nz/2019/07/30/keith-rankins-chart-analysis-g7-rates-of-interest-inflation-and-unemployment/" aria-label="Read more about Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment">Read more</a>

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Bryce Edwards’ Political Roundup: Will the Government’s nudge make our cars greener?

July 12, 2019

Is this part of the Labour-led Government’s long-promised “nuclear-free moment”, alluded to by Jacinda Ardern when she promised radical action on climate change? The announcement this week of a proposed “feebate” which will make more environmentally-friendly cars cheaper while making the gas-guzzlers more expensive is one of the long-awaited plans for how New Zealand will ... <a title="Bryce Edwards’ Political Roundup: Will the Government’s nudge make our cars greener?" class="read-more" href="https://eveningreport.nz/2019/07/12/bryce-edwards-political-roundup-will-the-governments-nudge-make-our-cars-greener/" aria-label="Read more about Bryce Edwards’ Political Roundup: Will the Government’s nudge make our cars greener?">Read more</a>

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Bryce Edwards’ Political Roundup: How to achieve transformational change in politics

July 9, 2019

There’s increasing doubt about how transformational the Labour-led Government is turning out to be. In all sorts of public policy areas the new administration is struggling to make the changes and produce the outcomes it promised. Perhaps expectations are too high? Maybe voters and commentators are too impatient? Or, could it be that the political ... <a title="Bryce Edwards’ Political Roundup: How to achieve transformational change in politics" class="read-more" href="https://eveningreport.nz/2019/07/09/bryce-edwards-political-roundup-how-to-achieve-transformational-change-in-politics/" aria-label="Read more about Bryce Edwards’ Political Roundup: How to achieve transformational change in politics">Read more</a>

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Bryce Edwards’ Political Roundup: Is it time for a programme of mass state house building?

July 5, 2019

Call it “state housing”, “social housing” or this Government’s preference, “public housing” – it’s the accommodation solution that continues to be overlooked and neglected by both Labour and National governments. Sure, the current government might talk a lot about “public housing” and they might be building more state houses than the previous government, but it’s ... <a title="Bryce Edwards’ Political Roundup: Is it time for a programme of mass state house building?" class="read-more" href="https://eveningreport.nz/2019/07/05/bryce-edwards-political-roundup-is-it-time-for-a-programme-of-mass-state-house-building/" aria-label="Read more about Bryce Edwards’ Political Roundup: Is it time for a programme of mass state house building?">Read more</a>

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Bryce Edwards’ Political Roundup: Lack of accountability over Treasury’s bogus hacking claim

July 2, 2019

The public’s trust in the competency and integrity of the public service is an essential element of any democracy. If citizens think that those running government departments are foolish, dishonest, or dodgy, then the whole system can start to fall apart. We see the results of such distrust in plenty of other countries. Here in ... <a title="Bryce Edwards’ Political Roundup: Lack of accountability over Treasury’s bogus hacking claim" class="read-more" href="https://eveningreport.nz/2019/07/02/bryce-edwards-political-roundup-lack-of-accountability-over-treasurys-bogus-hacking-claim/" aria-label="Read more about Bryce Edwards’ Political Roundup: Lack of accountability over Treasury’s bogus hacking claim">Read more</a>

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Bryce Edwards’ Political Roundup: The Government suggests it hasn’t given up on the housing crisis (yet)

June 28, 2019

Yesterday the Prime Minister sent a clear message to voters: the Government has not given up on fixing the housing crisis. It was communicated via the sacking of the Housing Minister, and a serious re-organisation of the housing portfolio so that a team of five ministers now share responsibility for fixing what is becoming an ... <a title="Bryce Edwards’ Political Roundup: The Government suggests it hasn’t given up on the housing crisis (yet)" class="read-more" href="https://eveningreport.nz/2019/06/28/bryce-edwards-political-roundup-the-government-suggests-it-hasnt-given-up-on-the-housing-crisis-yet/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Government suggests it hasn’t given up on the housing crisis (yet)">Read more</a>

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Bryce Edwards’ Political Roundup: Dodgy banks under scrutiny

June 19, 2019

The sudden departure of ANZ CEO David Hisco this week has been sold as the bank having high standards of accountability. The intention is obviously to reassure the public, customers, shareholders, regulators and the politicians that all is well, and the local board of ANZ has everything under control. But not everyone’s convinced. And there ... <a title="Bryce Edwards’ Political Roundup: Dodgy banks under scrutiny" class="read-more" href="https://eveningreport.nz/2019/06/19/bryce-edwards-political-roundup-dodgy-banks-under-scrutiny/" aria-label="Read more about Bryce Edwards’ Political Roundup: Dodgy banks under scrutiny">Read more</a>

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Bryce Edwards’ Political Roundup: Banking elites get a taste of the Zeitgeist

June 18, 2019

Shock, horror! An extremely wealthy CEO has been using chauffeur services, and the bank that he runs has been paying for it. Furthermore, that bank has been paying for the storage of his wine in Australia because they re-located him to New Zealand to be the CEO of their local operations here. For the full ... <a title="Bryce Edwards’ Political Roundup: Banking elites get a taste of the Zeitgeist" class="read-more" href="https://eveningreport.nz/2019/06/18/bryce-edwards-political-roundup-banking-elites-get-a-taste-of-the-zeitgeist/" aria-label="Read more about Bryce Edwards’ Political Roundup: Banking elites get a taste of the Zeitgeist">Read more</a>

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Bryce Edwards’ Political Roundup: Who cares about the “Budget hack”?

June 6, 2019

Should we really care about the “Budget hack” that has been consuming a lot of politicians and political commentators over the last week? Is this really, as John Key used to say about scandals involving his own Government, one of “the things that matter”?  I made the case yesterday in my column, The Budget ‘hack’ scandal ... <a title="Bryce Edwards’ Political Roundup: Who cares about the “Budget hack”?" class="read-more" href="https://eveningreport.nz/2019/06/06/bryce-edwards-political-roundup-who-cares-about-the-budget-hack/" aria-label="Read more about Bryce Edwards’ Political Roundup: Who cares about the “Budget hack”?">Read more</a>

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Bryce Edwards’ Political Roundup: The Budget “hack” scandal reveals some big accountability problems

June 6, 2019

Can we trust government departments? Can we trust Treasury not to lie to us? What about the Minister of Finance? Have they lied for political advantage? These are some of the questions that naturally come out of last week’s abysmal Government handling of National’s early release of budget details, in which senior officials and politicians ... <a title="Bryce Edwards’ Political Roundup: The Budget “hack” scandal reveals some big accountability problems" class="read-more" href="https://eveningreport.nz/2019/06/06/bryce-edwards-political-roundup-the-budget-hack-scandal-reveals-some-big-accountability-problems/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Budget “hack” scandal reveals some big accountability problems">Read more</a>

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Bryce Edwards’ Political Roundup: The other side of the Budget story

May 31, 2019

For each Budget, the government of the day spends huge amounts of resources getting its message and branding across about its spending decisions. Careful attempts at framing their Budget are made, and all of this largely gets reported. This year is no different, and so you can read, watch and listen to hundreds of media ... <a title="Bryce Edwards’ Political Roundup: The other side of the Budget story" class="read-more" href="https://eveningreport.nz/2019/05/31/bryce-edwards-political-roundup-the-other-side-of-the-budget-story/" aria-label="Read more about Bryce Edwards’ Political Roundup: The other side of the Budget story">Read more</a>

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Bryce Edwards’ Political Roundup: The KiwiBuild betrayal

May 15, 2019

When politicians win votes on the basis of heroic promises to fix intractable problems, but then break those promises, the public quite rightly feel they’ve been ripped off.  That’s exactly what has happened with KiwiBuild. Labour politicians largely won office in 2017 on the basis of their scathing critique of how badly the National Government ... <a title="Bryce Edwards’ Political Roundup: The KiwiBuild betrayal" class="read-more" href="https://eveningreport.nz/2019/05/15/bryce-edwards-political-roundup-the-kiwibuild-betrayal/" aria-label="Read more about Bryce Edwards’ Political Roundup: The KiwiBuild betrayal">Read more</a>