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
March 25, 2024
Opinion by Keith Rankin. Do we need real income-tax cuts this year? Probably not. Do we need nominal income-tax cuts? Yes, we do. The government should go ahead with its proposed tax cuts, but only to low and middle income earners. The tax cuts should compensate for the inflationary component of the cost of living ... <a title="Keith Rankin Opinion – Tax Cuts?" class="read-more" href="https://eveningreport.nz/2024/03/25/keith-rankin-opinion-tax-cuts/" aria-label="Read more about Keith Rankin Opinion – Tax Cuts?">Read more</a>
CoveragePost
March 21, 2024
Analysis by Keith Rankin. In this article, I will simply present the numbers for the key performance indicators (taken from tradingeconomics.com). And then I’ll give an update on GDP (gross domestic product) data, given today’s data release from Statistics New Zealand, and with the definition of ‘recession’ in mind. An important part of the context ... <a title="Keith Rankin Analysis – Economic Performance: New Zealand versus Japan" class="read-more" href="https://eveningreport.nz/2024/03/21/keith-rankin-analysis-economic-performance-new-zealand-versus-japan/" aria-label="Read more about Keith Rankin Analysis – Economic Performance: New Zealand versus Japan">Read more</a>
CoveragePost
March 20, 2024
Analysis by Keith Rankin. Recessions in the last Ten Years: New Zealand and Japan Tomorrow we will see the latest Gross Domestic Product (GDP) data for New Zealand. It’s worth looking today, however, at what the situation is before that data release (with its revisions as well as new data). And in context by comparing ... <a title="Keith Rankin Analysis – New Zealand in Recession" class="read-more" href="https://eveningreport.nz/2024/03/20/keith-rankin-analysis-new-zealand-in-recession/" aria-label="Read more about Keith Rankin Analysis – New Zealand in Recession">Read more</a>
CoveragePost
March 7, 2024
Analysis by Keith Rankin. In Question Time in Parliament, yesterday, Finance Minister Nicola Willis was asked a question about the extent of the cost of government debt-servicing. The answer, in short, was ‘a lot’; and she mentioned that the cost had been assessed on an interest-only basis. The ensuing round of supplementary questions never got ... <a title="Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government" class="read-more" href="https://eveningreport.nz/2024/03/07/keith-rankin-analysis-interest-costs-the-cost-of-living-and-the-cost-of-government/" aria-label="Read more about Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government">Read more</a>
CoveragePost
March 4, 2024
Analysis by Dr Bryce Edwards – Democracy Project (https://democracyproject.nz). When the First Labour Government came into office in 1935, the new Prime Minister Michael Joseph Savage was determined not to live a bourgeois, extravagant lifestyle. Being a representative of workers meant to him that he shouldn’t just take on the material comforts of the ruling ... <a title="Bryce Edwards’ Analysis – Anger at excessive politician pay and entitlements" class="read-more" href="https://eveningreport.nz/2024/03/04/bryce-edwards-analysis-anger-at-excessive-politician-pay-and-entitlements/" aria-label="Read more about Bryce Edwards’ Analysis – Anger at excessive politician pay and entitlements">Read more</a>
CoveragePost
December 22, 2023
Analysis by Keith Rankin. When countries’ national elections are closely fought, it means that the median voters critically determine the parliamentary or congressional outcome. But, though depending to a considerable extent on the prevailing political culture, the centre-of-gravity of the resulting government may be far from that median usually ‘centrist’ position of the voters. The ... <a title="Keith Rankin Analysis – Political Culture and Close Elections" class="read-more" href="https://eveningreport.nz/2023/12/22/keith-rankin-analysis-political-culture-and-close-elections/" aria-label="Read more about Keith Rankin Analysis – Political Culture and Close Elections">Read more</a>
CoveragePost
November 28, 2023
Analysis by Keith Rankin. The new government is making a weak start to its tenure. On Morning Report (RNZ, 28 Nov 2023, Prime Minister Luxon to lead first cabinet meeting), Mr Luxon repeated a comment such as he has made several times before: “The number one job is to rebuild the economy so we can ... <a title="Keith Rankin Analysis – Government by Cliché" class="read-more" href="https://eveningreport.nz/2023/11/28/keith-rankin-analysis-government-by-cliche/" aria-label="Read more about Keith Rankin Analysis – Government by Cliché">Read more</a>
CoveragePost
November 21, 2023
By Simon Angelo – www.WealthMorning.com Simon Angelo worked for the world’s first regulated Bitcoin fund in 2016. He currently works at a trading desk for Wholesale Investors. His work in offshore finance and global banking gives him some insights on the future of money. When Bitcoin was a special opportunity In October 2016, when I ... <a title="Simon Angelo Analysis – The Future of Money: Bitcoin, Banks, BRICS, and CBDCs" class="read-more" href="https://eveningreport.nz/2023/11/21/simon-angelo-analysis-the-future-of-money-bitcoin-banks-brics-and-cbdcs/" aria-label="Read more about Simon Angelo Analysis – The Future of Money: Bitcoin, Banks, BRICS, and CBDCs">Read more</a>
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
November 1, 2023
Analysis by Keith Rankin. Last week (The Ponzi financial model and New Zealand’s monetary policy) I described New Zealand’s place and financial strategy within the world’s financial ecosystem; how New Zealand pursues a ponzi financial model, and how that model has played a role in offsetting the ‘mercantilist’ financial strategies of other countries (examples given ... <a title="Keith Rankin Analysis – The ponzi financial model: Japan and United States" class="read-more" href="https://eveningreport.nz/2023/11/01/keith-rankin-analysis-the-ponzi-financial-model-japan-and-united-states/" aria-label="Read more about Keith Rankin Analysis – The ponzi financial model: Japan and United States">Read more</a>