Labour govt 2020-23

[Balance]

Important to also mention the clear improvement in NZ's credit rating in recent times.

Yup - same rating agencies which rated CDOs & Lehman Bros AAA.

[ynot]

Wait until the next period's result flowing through - Northern Sector locked down $10 Bil cost to economy,
Omicron flowing - suppressed activity - could it be a trigger to a recession ?

Think about it recent history is one thing - ahead of the storm in future months

The financial markets aren't stupid & forsee these things long before the twits and bureaucrats
in Wellington mouthing off on past history

I am actually looking forward to the election next year as I suspect the economy will be in a bad state by then.
It should be the nail in the coffin for Labour.
And you cindy fans here needn't bother suggesting there is no credible opposition.
We will be in such do do come next year a team of budgies could outshine this lot

[Panda-NZ-]

I suspect the economy will be in a bad state by then.

This forum said property prices would collapse due to corona. So not a good place for predictions.

[ynot]

This forum said property prices would collapse due to corona. So not a good place for predictions.

Well I am predicting it. When the state of the economy is added to Labours track record they will not have a chance, against any opposition.
You should try cleaning those blinkers of yours Panda, Labour is loosing popularity whether you believe it or not.

[Bill Smith]

I look forward to your support for a 5% increase in superannuation, benefits and hopefully more in the minimum wage

Are those 3 things a positive or a negative? Not one of them adds to productivity. And if super goes up 5% (less than 4% when taxed) and inflation is >6%, all superannuatants are winners?

[Bill Smith]

Panda, your posts #4831, #4836 and #4840 could only have been dreamt up by a CTU economist. Time to come out of the closet.

[Panda-NZ-]

Would you like people's living standards to decline by -5%?

[ynot]

Panda, your posts #4831, #4836 and #4840 could only have been dreamt up by a CTU economist. Time to come out of the closet.

No need for him to fess up. We all know who pulls his strings.

[Panda-NZ-]

It's what national would have done since super/benefits are increased by CPI automatically.

They probably wouldn't have moved the minimum wage though.

Businesses are doing it tough after all lol.

[Panda-NZ-]

Even the US has lifted social security by 6% this year.

https://www.ssa.gov/cola/