Originally Posted by Balance https://www.newshub.co.nz/home/polit...robertson.html Watch for the helicopter money in the next fiscal stimulus package to be announced in May budget. To be paid out just before the September election - what a winner for Cindy & her bunch of incompetents! About as good as your other bull***t predictions.
Originally Posted by ynot For all the good it would do they may as well just put a match to any handout. Like you say, only good for buying votes. Done properly in conjunction with other fiscal policies, it can work - Australia showed that during the GFC.
Coronavirus support measures see hundreds of thousands of Australians access superannuation early The Australian Taxation Office has approved 456,000 applications, totalling $3.8 billion https://www.abc.net.au/news/2020-04-...ction=business 3.8 billion stimulus to the economy not bad
one step ahead of the herd
Originally Posted by Balance Done properly in conjunction with other fiscal policies, it can work - Australia showed that during the GFC. I remember Gerry Harvey did ok in Ausi when they handed out $1000 in 2009. everyone brought a new tv !
Originally Posted by ynot I remember Gerry Harvey did ok in Ausi when they handed out $1000 in 2009. everyone brought a new tv ! Australia is the only OECD country NOT to suffer a recession since 1991. Proactive government policies to cushion any downturn and maintain economic & consumer confidence played a big part in that unrivaled record. Unfortunately, this virus outbreak is likely to see Oz lose that enviable record.
China to the rescue again for the NZ economy? https://www.nzherald.co.nz/business/...ectid=12327039 Chief executive David Surveyor said trade with China was back to where it was before the outbreak . "China is going well. It is in a good space."
That’s excellent news. Whilst on the cards perhaps sooner than anticipated? Our primary industry is certainly going to help the economic recovery.
Last edited by workingdad; 24-04-2020 at 09:59 AM.
Even the log stockpile nearly gone. The forestry guys better start chopping that wall of wood again so our domestic supply is available too
Originally Posted by kiora Even the log stockpile nearly gone. The forestry guys better start chopping that wall of wood again so our domestic supply is available too That was a surprise - they snuck those out. Domestic mills asking for logs so looking good.
Originally Posted by dobby41 That was a surprise - they snuck those out. Domestic mills asking for logs so looking good. And the China market has opened up just in time for our apple and kiwifruit exports. Dairying kicks in from June/July.
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Originally Posted by Balance
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