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 Originally Posted by mistymountain
I'm seriously Hoping that NZ may kick the Woke Anti Resource Agenda into touch.
And become more self sufficient with Energy.
Why import cheap higher polluting Indonesian Coal when we have the World's Best Coal on the West Coast?? Even the British Navy rated it better than any other global coals back in the 1880's when they were firing up their Navy.
Why Ban off shore Oil and Gas Exploration when we depend on these resources for our quality of life?
Why make Gold extraction so difficult when the World Gold Council continues to publish data showing that Gold is being purchased in record amounts by nations all around the world (except NZ has got NZ$0 on our RBNZ Balance sheet)? The irony is that Gold was one of the reasons why Dunedin became so wealthy and kick started the localities we enjoy today. Mind you that includes the Coast, Coromandel etc etc etc...
Why have no facility for refining energy when our domestic Supply Chain would come to a sickening halt if some Black Swan event impacted the Global refinery supply chain?
Cheers
NZ refining did not refine NZ oil. Electrification of industrial processes and transport reduces our Black Swan exposure.
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Originally Posted by Walter
NZ refining did not refine NZ oil. Electrification of industrial processes and transport reduces our Black Swan exposure.
would agree with this - electrification is the most obvious easy win possible for NZ.
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Junior Member
Originally Posted by LaserEyeKiwi
commercial building depreciation is being removed regardless of which party wins (both Labour & National has announced this). Possibility ACT opposes it but wouldn’t bet on it (personal tax cuts come first at the moment)
My Guesses for results of a National/Act victory:
- tax breaks introduced for build-to-rent developments
- likely less red tape for building developments
- eventually lower corporate tax rates
- slightly higher inflation as tax cuts put more discretionary income into consumer pockets
- longer term, less wage inflation for low wage industries (retail/fast food/supermarkets/tourism/cleaning services etc) as minimum wage increases will be non-existent/tiny under National/ACT, and also less costs associated with easier dismissals/trials etc.
- higher unemployment, especially if 10,000+ civil servants are laid off, along with thousands more government contractors.
- Wellington commercial building owners are going to suffer, also Wellington residential housing market collapses further, Ditto Wellington retail.
- higher immigration combined with a lack of per capita funding increases for public infrastructure and services will be good for private health providers, private security firms, property developers building exclusive/gated communities.
- no increase/cuts to benefits and mental health funding combined with stricter public housing rules (less tolerance for gang members etc) and the gutting of Kainga Ora will lead to even larger surge in crime. So good for private security related firms etc.
- good for incumbent monopoly/duopolies (supermarkets, building suppliers, banks, etc) as regulation fear dissipates.
- better opportunity for environmentally constrained industries. (Mining/oil/gas)
The surge in crime (due to increasing costs of living, rents etc.) will only get worse with a NACT +/- NZF government, though hopefully they will take energy security seriously and roll back some of the anti-oil & gas measures taken by the current lot. NZ's GPD per capita has only been going down for close to a decade and this should continue (thanks Fair & Free media for pointing this out during the current election campaign /s).
Private sector employees (homeowners or not) will suffer due to loss of job security in a small country like NZ & likely move overseas, while public sector types will most likely find a way to bully the government & keep increasing their budgets/headcounts (Te Whatu Ora anyone?).
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Member
Originally Posted by mistymountain
I'm seriously Hoping that NZ may kick the Woke Anti Resource Agenda into touch.
And become more self sufficient with Energy.
Why import cheap higher polluting Indonesian Coal when we have the World's Best Coal on the West Coast?? Even the British Navy rated it better than any other global coals back in the 1880's when they were firing up their Navy.
Why Ban off shore Oil and Gas Exploration when we depend on these resources for our quality of life?
Why make Gold extraction so difficult when the World Gold Council continues to publish data showing that Gold is being purchased in record amounts by nations all around the world (except NZ has got NZ$0 on our RBNZ Balance sheet)? The irony is that Gold was one of the reasons why Dunedin became so wealthy and kick started the localities we enjoy today. Mind you that includes the Coast, Coromandel etc etc etc...
Why have no facility for refining energy when our domestic Supply Chain would come to a sickening halt if some Black Swan event impacted the Global refinery supply chain?
Cheers
Seriously a lot of people hope that but I cannot see luxon wanting to upset the woke media.
Hopefully some good news for companies like nzk with the new salmon farms having to jump through less woke hurdles.
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Originally Posted by strikereureka
The surge in crime (due to increasing costs of living, rents etc.) will only get worse with a NACT +/- NZF government, though hopefully they will take energy security seriously and roll back some of the anti-oil & gas measures taken by the current lot. NZ's GPD per capita has only been going down for close to a decade and this should continue (thanks Fair & Free media for pointing this out during the current election campaign /s).
Private sector employees (homeowners or not) will suffer due to loss of job security in a small country like NZ & likely move overseas, while public sector types will most likely find a way to bully the government & keep increasing their budgets/headcounts (Te Whatu Ora anyone?).
Te Whatu Ora is the one government department that has actually cut significant amount of bureaucrats
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If 15000 civil servants are 'retrenched' a few Property companies may have to repurpose a few buildings.
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Junior Member
They will get a good price when they sell their buildings off though? Reduced OCR (to the level of Australia) will also help commercial and retirement property companies?
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Junior Member
Time to buy OCA/KPG etc. on Monday I reckon?
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The elimination of the clean car discount and tax by December 31 doesn't give car companies long to adjust stock levels. Disruptive for 2CC, CMO and Turners.
https://www.stuff.co.nz/motoring/133...ff-in-december
Last edited by Jaa; 16-10-2023 at 05:15 PM.
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Originally Posted by Jaa
I think the used car dealers (ie 2CC, Turners etc) will be just fine. CMO may have more disruption to deal with.
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