Category: Economic Issues
Winston Peters, the 2017 General Election ‘Kingmaker’, is yet to choose New Zealand’s new government. The widespread speculation that the coalition negotiating window set by New Zealand First was too tight, has turned out to be correct.
The Trump administration released a thumbnail sketch last week of its much anticipated tax plan, which has generated opposition and support from all the usual suspects.
This week’s newsletter is being sent out as the polling booths for the 2017 General Election are closing. Since we may not know the final shape of our new Government for a while, let’s look at what needs to happen before the 52nd Parliament can begin operating
I remain confused as to why New Zealand doesn’t have mandatory Country of Origin Labelling on food. The first responsibility of a government, any government is the welfare of its citizens and Country of Origin Labelling does just that.
Without a doubt, the election is on a knife-edge. Thursday’s Colmar Brunton poll foreshadowed that the country’s new government is likely to be a coalition between Labour, the Greens, and the Maori Party - a ‘progressive’ combination that would deliver the most radical government in New Zealand’s history.
A variation on the conventional socialist mantra of tax and spend has surfaced in the run up to the forthcoming election it is: cheat and tax. What it involves is to deny that a Labour/Greens/ Maori Party government if elected has any plan to raise taxes but will devolve the whole question to a panel of experts. They will then make the decisions on behalf of the government.
Promises, promises, promises, seems to be the theme of the election campaigns to date. Given the uncertainty of the result, the promises have more relevance. Unfortunately, for property investors some of the promises may not be welcome.
Election promises have been coming so thick and fast it feels like Christmas. National kicked off their pledges with the announcement that if re-elected, $10.5 billion over ten years will be invested in roading infrastructure to open up the economic potential of the regions .
A couple of months ago, a news story dubbed “Lemonadegate” made international news. It involved the daughter of a New Zealander living in London, who was fined £150 for setting up a stand and selling lemonade without a permit. She was five-years-old.
You've probably read about the five year old lemonade criminal of Tower Hamlets. She was selling lemonade outside her house on a sunny day, as children do, when four 'enforcement officers' charged her with trading without a licence and issued a £150 fine.
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