Economy
Beijing Running Scared of COVID-19 Backlash
China is mounting an impressive and so far successful propaganda war trying to reset perceptions that they are to blame for the global COVID-19 pandemic. They are, of course, being assisted by global media who, despite months of calling the virus variations of the Chinese virus,...
OK, You Need to Just Chill, Not Netflix Too.
Reports out of Europe this week say that as a result of the lockdowns over there, too many people are using Netflix and YouTube, and as a result, the Internet is becoming overloaded and slow.
As a result, YouTube and Netflix will temporarily...
Show Me the Money
I have been working with a few local business people, helping them to put together an application for funds from the government from their stimulus package, announced last Tuesday. While I spent some time preparing figures to demonstrate the 30% downturn in income from last year,...
We Are All Ruled by Beijing Now
On Friday, ACT’s Stephen Berry wondered if the New Zealand government’s spending splurge will create “the most popular economic depression in history”. Berry echoed what has become mainstream economic argument: rather than “ending the Depression”, Roosevelt’s New Deal extended and deepened it.
Berry...
It Just Got Serious
[...] There is no rational economic argument for paying those who don’t work, in an economy with less than 5% unemployment, more money to not work.
Coronavirus Weekly: Expert Analysis from the Conversation Global Network
Ina SkosanaThe Conversation
The global crisis triggered by the spread of the new coronavirus disease, COVID-19, continues to take fresh and dramatic turns, causing havoc in dozens of countries around the world. Stock markets remain volatile, having recording...
Covid-19 – Government’s Package a Mixed Bag *Updated
Jordan WilliamsExecutive DirectorNew Zealand Taxpayers’ Union
The team spent yesterday afternoon working through the Government’s COVID-19 response package. A couple of the staff are in self-isolation, so we’ve well and truly rehearsed using the virtual technology in preparing this article and our media...
The BFD Cartoon of the Day by SonovaMin: The Uncharted Accountant
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More Money for Beneficiaries
The government has announced a $12.1 billion package to assist with job losses and general economic stimulus as a result of Covid-19. Before we look at it in more detail, it is important to remember that it is the fiscal responsibility of the last 3 finance...
Emergency Measures: Eight Economic Responses to COVID-19 in New Zealand
Jordan WilliamsExecutive DirectorNew Zealand Taxpayers’ Union
This is an article I never thought I would write, but in a paper just released the Taxpayers' Union we are calling on the Government to massively increase expenditure. This is to combat what may be the largest...
