I quite agree BP, but of course the well-heeled National Party spin machine doesn't make too many mistakes, so the lefties have to make the most of every muck-up on the other side.
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In Muldoon's era NZers returned home (more NZers came back then left on a permanent basis)
Every year since we have an outflow of NZers - in total the net outflow is nearly 700.000.
Must mean something - maybe a real visionary leader could change that
No, they tax the return, which was what W69’s post was referring to. it is called RWT which if rates are low reduces the take. As for quantative easing, broaden your outlook,. Central bank policies does not refer to the Reserve Bank of NZ.
The world is awash with cash hence the very low interest rates.
westerly
I don't care who has done similar in the past. It was Key that as done for defamation, its he who should pay the penalty & costs.
Amazing how you think others should pay for his mistake.
Key's lucky not to be facing court on assault charges after the serial ponytail pulling saga.
Fonterra's trying another approach and asking bigger suppliers for a restating of their business case. It'll be open book costing next.
http://www.stuff.co.nz/business/7822...+25+March+2016
Meanwhile ANZ has increased its bad debt provisions, and they lend heavily into the rural sector.
It'll be interesting to see the inevitable effect on the govt's tax take, and I think plenty of provincial businesses will be doing it tough for the next year or two.