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  1. #2211
    Speedy Az winner69's Avatar
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    Somehow unemployment has become part of the RBNZ brief (since Labour got involved?)

    Is that code for we'll endeavour to increase or lower the number of destitute people until we get it just right

    Seems pretty vicious and morally bankrupt economic policy if so
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #2212
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    Quote Originally Posted by winner69 View Post
    Somehow unemployment has become part of the RBNZ brief (since Labour got involved?)

    Is that code for we'll endeavour to increase or lower the number of destitute people until we get it just right

    Seems pretty vicious and morally bankrupt economic policy if so
    We do have a prob with unemployment here. It's too low. Wasn't it Ashburton and district that recently reported 500 jobs they couldn't fill?

  3. #2213
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by artemis View Post
    We do have a prob with unemployment here. It's too low. Wasn't it Ashburton and district that recently reported 500 jobs they couldn't fill?
    Problem is not that unemployment is too low. Problem is that too many of the unemployed people either don't want to work, are not fit to do so or are not flexible enough to move to where the work is.
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    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #2214
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    Quote Originally Posted by BlackPeter View Post
    Problem is not that unemployment is too low. Problem is that too many of the unemployed people either don't want to work, are not fit to do so or are not flexible enough to move to where the work is.
    Which is a problem you get when unemployment is too low

  5. #2215
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by iceman View Post
    Which is a problem you get when unemployment is too low
    Sure ... but they are not caused by low unemployment, and there would be other ways to fix them than to increase the unemployment rate ;
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    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #2216
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    So Minister Iain Lees-Galloway has sneaked in a little tax increase via ACC. He's done that by cancelling the Vehicle Risk Rating system which gave owners of cars with higher safety ratings discounted registration fees. Cancelling a small incentive to get more safe cars on the roads seems a bit counter productive so it must be solely to do with increasing revenue

  7. #2217
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    Quote Originally Posted by iceman View Post
    So Minister Iain Lees-Galloway has sneaked in a little tax increase via ACC. He's done that by cancelling the Vehicle Risk Rating system which gave owners of cars with higher safety ratings discounted registration fees. Cancelling a small incentive to get more safe cars on the roads seems a bit counter productive so it must be solely to do with increasing revenue
    Good heavens. How could you say such a thing!

  8. #2218
    Legend minimoke's Avatar
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    Quote Originally Posted by iceman View Post
    So Minister Iain Lees-Galloway has sneaked in a little tax increase via ACC. He's done that by cancelling the Vehicle Risk Rating system which gave owners of cars with higher safety ratings discounted registration fees. Cancelling a small incentive to get more safe cars on the roads seems a bit counter productive so it must be solely to do with increasing revenue
    This isnt about increasing revenue. Its about wealth redistribution.

    Essentially low income / "deprived" people pay more in ACC levies becasue they own old un-sasfge clangers. Wher as teh "Rich" peoepl can afford 4 - 5 Safetry Star rated vehicles adn for this they get to pay a lower ACC levly. In ILG's minf this is clearly unfair. We shoudl all pay the same.

    What ILG has essentially doen is shoif $31 million of costs away from the poor and put that burden onto the shoulders of the rich. So this is essentially a tax increase for the wealthy, bu tno net income increase for ACC.

    Makes a total mockery of Labours listening to "working parties" 68% of people who submitted on the proposed ACC changes reckoned the Vehicle Risk Rating System should stay. ILG chose to ignore this.

    As well as ignoring the blazingly obvious. Motorcyclist create $129m in injury costs but only pay $34m in ACC levies. If ILG was really interested in a "fairer" system he would have raised motor cycle levies and helped stop car drivers subsidising middle aged twats on their Harleys

  9. #2219
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    Quote Originally Posted by minimoke View Post
    This isnt about increasing revenue. Its about wealth redistribution.

    Essentially low income / "deprived" people pay more in ACC levies becasue they own old un-sasfge clangers. Wher as teh "Rich" peoepl can afford 4 - 5 Safetry Star rated vehicles adn for this they get to pay a lower ACC levly. In ILG's minf this is clearly unfair. We shoudl all pay the same.

    What ILG has essentially doen is shoif $31 million of costs away from the poor and put that burden onto the shoulders of the rich. So this is essentially a tax increase for the wealthy, bu tno net income increase for ACC.

    Makes a total mockery of Labours listening to "working parties" 68% of people who submitted on the proposed ACC changes reckoned the Vehicle Risk Rating System should stay. ILG chose to ignore this.

    As well as ignoring the blazingly obvious. Motorcyclist create $129m in injury costs but only pay $34m in ACC levies. If ILG was really interested in a "fairer" system he would have raised motor cycle levies and helped stop car drivers subsidising middle aged twats on their Harleys
    Don't ever think that a car is any indicator of wealth. It isn't.

  10. #2220
    Legend minimoke's Avatar
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    Quote Originally Posted by fungus pudding View Post
    Don't ever think that a car is any indicator of wealth. It isn't.
    NZTA research has a different view. The least deprived (wealthiest) have 25% of 5 Star Safety rated cars and only 13% of the most deprived have a 5 star cart. (Which makes me wonder how they can afford such cars). The most deprived have 35% of unsafe cars (1 star safety rated) whereas the wealthier have 24% 1 star cars - which helps explain why they might be wealthy. (They value less depreciating assets over safety ratings). Pretty much 50% of wealthy and poor have 2 - 4 safety star cars.

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