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Well at last there is a sensible govt, the first in a very very long time , 6 years , now Im sure that most of the Labour party and those from the last Labour Govt will want to climb on board and rectify the mistakes that has been made by them now that there is real direction and leadership.
Well done to this coalition.
And remember/never forget , "the left is a lie " !!
Last edited by whatsup; 24-11-2023 at 12:18 PM.
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Red skies & red panda leading the charge on the lefty whinge-fest, predictably. Everything is ‘a shambles’ accordingly to them. The shambles is the state of the government books after 6 years of dire left wing mismanagement, with Robbo, Ardern, and Hipkins presiding over a total fiscal disaster.
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Originally Posted by Crypto Crude
Winnie fighting for all the victims here...
NZ First gets new Covid-19 inquiry
NZ First has secured a new inquiry into the Government's Covid response.
The previous Labour Government launched a Royal Commission into the Covid-19 pandemic, but NZ First leader Winston Peters criticised it and questioned its Independence.
In NZ First's agreement with National, the coalition has agreed to urgently establish a "full-scale, wide-ranging, independent inquiry".
This new inquiry would analyse lockdowns, vaccine procurement and efficacy, the social and economic impacts of the alert levels, and the justification of all pandemic regulations and decisions.
The coalition also agreed to urgently "reserve against proposed amendments to WHO health
regulations".
ACT also questioned the terms of reference for the royal commission. It has support to broaden the terms of reference for the ongoing Covid-19 Royal Commission.
Fantastic news. Great to see they have acted quickly on the WHO tyranny.
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Originally Posted by Logen Ninefingers
Red skies & red panda leading the charge on the lefty whinge-fest, predictably. Everything is ‘a shambles’ accordingly to them. The shambles is the state of the government books after 6 years of dire left wing mismanagement, with Robbo, Ardern, and Hipkins presiding over a total fiscal disaster.
Sounds like the National tax plan.
Hey Mr book accountant now that the foreign buyers tax is gone... what will replace it?
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Originally Posted by Logen Ninefingers
Red skies & red panda leading the charge on the lefty whinge-fest, predictably. Everything is ‘a shambles’ accordingly to them. The shambles is the state of the government books after 6 years of dire left wing mismanagement, with Robbo, Ardern, and Hipkins presiding over a total fiscal disaster.
You keep going on about NZ's total fiscal disaster, but how real is that ?
Or is that just a perception created & hammered by the opposition to capitalise on discontent to win the election.
All govt's run surpluses & deficits over time to smooth out shocks to the economy, e.g. National during the GFC - took 6 years to get back to even.
NZ govt debt to GDP ratio is low by comparison to many many other countries, well below the Asia Pacific average & forecast to trend down steeply from a peak in 2024.
NZ's Fiscal position is constantly evaluated by Global Credit Rating Agencies with S&P and Fitch both reaffirming AAA & AA+ respectively, & Moody's at Aaa.
The IMF publishes an international comparison of debt showing NZ at 24.1% of GDP in 2024, versus Australia 38.2%, UK 98.2% & US 99.8%.
Different system of measure will give slightly different results but the relativity remain the same.
After coming through a once in 100 year global pandemic, plus 2 major catastrophic weather events affecting vast areas of the country, & long periods of high immigration combined with chronic under investment in infrastructure, we are not too badly off.
Were you not surprised today to hear National say we're still going ahead with $14.6 Billion in tax cuts & rebates despite the Foreign Buyers tax being canned, but NZ can afford still afford them.
If the economy was a "total fiscal disaster" & you were a responsible Minister of Finance, you couldn't do that could you?
There's just No way.
So maybe you might re-evaluate this idea you have of the govt books being left in a catastrophic state, dire mismanagement, total fiscal disaster.
Compared to many other countries we're not too badly off.
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Originally Posted by Logen Ninefingers
Red skies & red panda leading the charge on the lefty whinge-fest, predictably. Everything is ‘a shambles’ accordingly to them. The shambles is the state of the government books after 6 years of dire left wing mismanagement, with Robbo, Ardern, and Hipkins presiding over a total fiscal disaster.
How long have the new Govt been in - to produce this shambles that the Whinge-fest are now b*tching and moaning about ?
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Originally Posted by Panda-NZ-
Sounds like the National tax plan.
Hey Mr book accountant now that the foreign buyers tax is gone... what will replace it?
How about a new tax on Panda-like postings & promotionals on the cloudy side of Argentine economic
positivity ?
Last edited by nztx; 24-11-2023 at 01:42 PM.
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Originally Posted by nztx
How about a new tax on Panda-like postings & promotionals on the cloudy side of Argentine economic
positivity ?
Will it be as bureaucratic as the argentine approach too?
You're right though the "Grand coalition" might come up with an overly complex tax on "something" simply to replace a simple efficient CGT.
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Last edited by nztx; 24-11-2023 at 02:05 PM.
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Member
Seymour minister for regulation! Stoked to see this. Cut the tape!!
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