Category: Economic Issues
New Zealand is a small country located miles away from our major trading partners. With geopolitical events now impacting heavily on our export markets, surely the time has come for the government to prioritise the removal of the legislative barriers to progress that are stifling our economic development and costing jobs.
This election campaign has not only been notable for the dirty politics of Hager and Dotcom, but for the many myths that are touted as fact. Child poverty is a case in point. It is used by those on the left to justify higher taxes and a bloated government
This election campaign has been effectively stolen from voters. Left wing activist Nicky Hager clearly planned to dominate the campaign period with the publication of his book of hacked emails. He has done this before. He knew releasing private emails would overshadow the campaign and give him unprecedented publicity.
Official data shows that the biggest foreign investor in New Zealand land during the five years from 2009 to 2013 was the US, followed by Canada, Israel, the UK, Australia, Switzerland, the Netherlands, Luxembourg, Monaco, with China in tenth place.
The polls all say that Team Key (the new name of the National Party) will win in a canter, with a bit of help from coalitional support riders. But then polls are often wrong and it's as well to remind ourselves that Team NZ were 8 to 1 up at the same stage.
Quite why New Zealand governments have wanted to penalise households and small businesses, with an ETS that is far more onerous than that of the European Union, is not clear - especially when our country is one of the cleanest and greenest on earth, with human habitation covering less than one percent of our total land area.
Australia has just scrapped its carbon tax, so should we scrap our Emissions Trading Scheme? The answer is yes, and for many reasons. The Emissions Trading Scheme has distorted farming and forestry, increased electricity and fuel prices and done little or nothing towards reducing carbon dioxide emissions.
The threat of a compulsory warrant of fitness for rental housing should evoke the strongest possible response from property investors. They will be well aware that such a scheme would come at a considerable cost, which would not only drive up rents, but would force some property owners to sell. By increasing rents and reducing the availability of rental housing, this misguided policy would hurt the very families that the advocacy groups purport to want to help.
To the surprise of many, the Catholic Church’s Pope Francis has begun attacking the free market, going so far as to declare it a “new tyranny”. But before you start thinking that here in New Zealand we are relatively immune from any such radical influence on public policy, you might consider the similarities between Pope Francis and David Cunliffe.
It is with great sadness that I must take exception to the Pope’s views on economics and business. His hostility to capitalism, shared by the Church of England, is tragically misplaced.