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Finance

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Opinion: The New Zealand Public’s KiwiBank On The Auction Block

August 22, 2024

Opinion by Hon. Matt Robson, former Alliance Party Cabinet Minister and Associate Minister of Foreign Affairs. In 2000, the Initial vote on Kiwibank in the Labour-Alliance government was 16 votes against from Labour, and four votes in favour from the Alliance. I was there when this was reversed, and in 2001 the four insurgent Alliance ... <a title="Opinion: The New Zealand Public’s KiwiBank On The Auction Block" class="read-more" href="https://eveningreport.nz/2024/08/22/opinion-the-new-zealand-publics-kiwibank-on-the-auction-block/" aria-label="Read more about Opinion: The New Zealand Public’s KiwiBank On The Auction Block">Read more</a>

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Keith Rankin Analysis – The ponzi financial model: Japan and United States

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>

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Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel

October 30, 2023

Analysis. by Keith Rankin. On 26 October I wrote about New Zealand’s exceptional financial model, showing it to take a similar (though non-fraudulent) form to a Ponzi Scheme (The Ponzi financial model and New Zealand’s monetary policy). And I showed how this kind of financial behaviour by a nation-state could help to stabilise a world ... <a title="Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel" class="read-more" href="https://eveningreport.nz/2023/10/30/keith-rankin-chart-analysis-interesting-financial-fingerprints-malaysia-switzerland-united-kingdom-israel/" aria-label="Read more about Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel">Read more</a>

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Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy

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>

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Bryce Edwards’ Political Roundup: Will the Govt act on mega bank profits and reform the banking sector?

November 9, 2022

Analysis by Dr Bryce Edwards. Political Roundup: Will the Govt act on mega bank profits and reform the banking sector? The corporate retail banks are making mega profits on the back of Government policies and indirect subsidies of recent years. As a result, there are calls from across almost the whole political spectrum for greater regulation ... <a title="Bryce Edwards’ Political Roundup: Will the Govt act on mega bank profits and reform the banking sector?" class="read-more" href="https://eveningreport.nz/2022/11/09/bryce-edwards-political-roundup-will-the-govt-act-on-mega-bank-profits-and-reform-the-banking-sector/" aria-label="Read more about Bryce Edwards’ Political Roundup: Will the Govt act on mega bank profits and reform the banking sector?">Read more</a>

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Hackers hit PNG financial hub, fail in bid to hold state officials to ransom

October 31, 2021

By Gorethy Kenneth in Port Moresby The Papua New Guinea government’s financial hub was hit by computer hackers last week, holding state officials at ransom, reports have revealed. The ransomware attack on the Department of Finance’s Integrated Financial Management System (IFMS) happened last Thursday, locking out government workers who use the system to run the ... <a title="Hackers hit PNG financial hub, fail in bid to hold state officials to ransom" class="read-more" href="https://eveningreport.nz/2021/10/31/hackers-hit-png-financial-hub-fail-in-bid-to-hold-state-officials-to-ransom/" aria-label="Read more about Hackers hit PNG financial hub, fail in bid to hold state officials to ransom">Read more</a>

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PNG government launches recovery operation for APEC ‘on loan’ vehicles

October 4, 2021

By Gorethy Kenneth in Port Moresby Finance Minister Sir John Pundari has warned Papua New Guineans who are still holding onto the 102 APEC “on loan” vehicles to return them as soon as possible — or face the law. A disappointed Sir John, flanked by Finance Secretary Dr Ken Ngangan and Police Commissioner David Manning, ... <a title="PNG government launches recovery operation for APEC ‘on loan’ vehicles" class="read-more" href="https://eveningreport.nz/2021/10/04/png-government-launches-recovery-operation-for-apec-on-loan-vehicles/" aria-label="Read more about PNG government launches recovery operation for APEC ‘on loan’ vehicles">Read more</a>

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Beware of elite billionaire ‘do-gooder’ hypocrisy, warns author

July 11, 2020

From RNZ Saturday Morning Described by a Guardian reviewer as “superb hate-reading”, writer and columnist Anand Giridharadas‘s latest book Winners Take All: The Elite Charade of Changing the World investigates the hypocrisy of billionaire “do-gooders”. He questions how and why we have become reliant on the philanthropy of the super-rich to help solve our biggest ... <a title="Beware of elite billionaire ‘do-gooder’ hypocrisy, warns author" class="read-more" href="https://eveningreport.nz/2020/07/11/beware-of-elite-billionaire-do-gooder-hypocrisy-warns-author/" aria-label="Read more about Beware of elite billionaire ‘do-gooder’ hypocrisy, warns author">Read more</a>

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Ronald F Pol: The war on money laundering has failed

October 30, 2019

Source: Medium [https://bit.ly/2o1ytEo]. Analysis by Ronald F Pol from AMLassurance.com (Dr Pol’s PhD is in policy effectiveness, outcomes and money laundering) The modern anti-money laundering system (which makes banks and other firms check identity documents and scan billions of financial transactions) doesn’t stop crime. Criminals keep up to 99.9% of the earnings from misery, and a ... <a title="Ronald F Pol: The war on money laundering has failed" class="read-more" href="https://eveningreport.nz/2019/10/30/ronald-f-pol-the-war-on-money-laundering-has-failed/" aria-label="Read more about Ronald F Pol: The war on money laundering has failed">Read more</a>

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USP mismanagement ‘widespread’, staff tell current affairs show

October 24, 2019

Simpson@8 investigated the allegations of mismanagement that had accrued over professor Chandra’s tenure. Video: Simpson@8 By Sri Krishnamurthi Staff and students at the University of the South Pacific have said poor governance, nepotism and negligence were rife at the institution under the leadership of the previous Vice-Chancellor, Professor Rajesh Chandra. The current Vice-Chancellor and President, ... <a title="USP mismanagement ‘widespread’, staff tell current affairs show" class="read-more" href="https://eveningreport.nz/2019/10/24/usp-mismanagement-widespread-staff-tell-current-affairs-show/" aria-label="Read more about USP mismanagement ‘widespread’, staff tell current affairs show">Read more</a>

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Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?

September 9, 2019

Analysis by Dr Bryce Edwards – What sort of topsy-turvy political world have we arrived at? This week, the Government continued to defend its fiscally conservative approach, in direct opposition to economists who suggest more spending is warranted. Even Treasury, the Reserve Bank, the private sector, and National appear to be open to much greater ... <a title="Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?" class="read-more" href="https://eveningreport.nz/2019/09/09/bryce-edwards-political-roundup-shouldnt-the-government-be-spending-more/" aria-label="Read more about Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?">Read more</a>

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PNG leadership rivals O’Neill, Marape both implicated in UBS loan saga

May 17, 2019

By Johnny Blades of RNZ Pacific Political fallout from a controversial loan taken on by Papua New Guinea’s government five years ago could hinder rather than help attempts to remove Prime Minister Peter O’Neill. O’Neill and other leading officials have been referred by the Ombudsman Commission to a Leadership Tribunal over a US$1.2 billion loan ... <a title="PNG leadership rivals O’Neill, Marape both implicated in UBS loan saga" class="read-more" href="https://eveningreport.nz/2019/05/17/png-leadership-rivals-oneill-marape-both-implicated-in-ubs-loan-saga/" aria-label="Read more about PNG leadership rivals O’Neill, Marape both implicated in UBS loan saga">Read more</a>