Labour / NZ First Government

[Bjauck]

And 28% makes PIE income that much more attractive when marginal rate increases from 33 to 39%. That's why we might see a lift in NZX PIEs, e.g. LPTS.

I agree. Property in general - investments that have a large proportion of their returns as capital gains - will see an increase in their relative appeal. Labour ruled out a CGT!

[macduffy]

No doubt someone will get around to changing the name of this thread - or starting a new one.

[Bjauck]

No doubt someone will get around to changing the name of this thread - or starting a new one.

Maybe Jacinda is having nightmares that, like Jack Nicholson in "The Shining", Winston will pop up in the first post election Cabinet meeting exclaiming "I'm back!"

[Aaron]

And 28% makes PIE income that much more attractive when marginal rate increases from 33 to 39%. That's why we might see a lift in NZX PIEs, e.g. LPTS.

We might also see a new higher PIR rate?

Well done Labour, out nationaled National.

1/ Won't touch your tax free capital gains
2/ Won't touch your national superannuation "entitlement" (at least National proposed to raise the entitlement to 67yrs)
3/ And went one further promising to protect the aging baby boomers from Covid-19 at the expense of the next generation

At a guess that might partly explain the swing from national to labour. In a way it is nice to know we have a centerist govt so no one is expecting any significant change over the next three years. I suspect it will be much like a John Key National govt. Popular and not doing much to change the status quo or upset anyone.

[moka]

Prime Minister Jacinda Ardern has outlined her immediate priorities after sweeping to power for her second term = Covid recovery and business support as first priorities.

Ardern wants more support for small business loans and $300 million in cash incentives to hire the unemployed in place by the end of the year.
And while she is giving little away about a potential governing arrangement with the Greens, she is stressing the "strong mandate" given to Labour and the need to keep voters who may have turned to Labour for the first time.

https://www.nzherald.co.nz/nz/politi...AXIH64AAFZO7Q/

[fungus pudding]

Prime Minister Jacinda Ardern has outlined her immediate priorities after sweeping to power for her second term = Covid recovery and business support as first priorities.

Ardern wants more support for small business loans and $300 million in cash incentives to hire the unemployed in place by the end of the year.
And while she is giving little away about a potential governing arrangement with the Greens, she is stressing the "strong mandate" given to Labour and the need to keep voters who may have turned to Labour for the first time.

Why is she "stressing the strong mandate given to Labour and the need to keep voters who may have turned to Labour for the first time" when she has already stressed that she/they will govern for all NZers?
That is her duty regardless of the strength of the vote.

[artemis]

Prime Minister Jacinda Ardern has outlined her immediate priorities after sweeping to power for her second term = Covid recovery and business support as first priorities.

Ardern wants more support for small business loans and $300 million in cash incentives to hire the unemployed in place by the end of the year.....

Quite a lot of the unemployed are newly laid off and will have more chance of a new job quickly. For longer term unemployed, employers will be weighing up the government subsidy against time, cost, effort and general hassle of taking on potentially high maintenance employees. Especially if it is hard to terminate them for performance issues.

[dobby41]

Why is she "stressing the strong mandate given to Labour and the need to keep voters who may have turned to Labour for the first time" when she has already stressed that she/they will govern for all NZers?
That is her duty regardless of the strength of the vote.

You stress over the words too much - trying to read the tealeaves.
They govern for all NZers but under the mandate they have been given - what they stood at the election for.
Given their absolute majority they could do whatever they wanted - campaigned for or not. They may get voted out next time but that's 3 years away. Jacinda has said that they wouldn't.
Asked again about CGT she said they wouldn't and they won't - what she said she meant.

[fungus pudding]

You stress over the words too much - trying to read the tealeaves.
They govern for all NZers but under the mandate they have been given - what they stood at the election for.
Given their absolute majority they could do whatever they wanted - campaigned for or not. They may get voted out next time but that's 3 years away. Jacinda has said that they wouldn't.
Asked again about CGT she said they wouldn't and they won't - what she said she meant.

Of course she won't. That was not the point of what I wrote..

[Aaron]

Ardern wants more support for small business loans and $300 million in cash incentives to hire the unemployed in place by the end of the year.
https://www.nzherald.co.nz/nz/politi...AXIH64AAFZO7Q/

Is unemployment the problem in NZ to repeat FPs link from earlier.
https://www.stuff.co.nz/business/ind...wont-take-them

Our fishing industry has to fly in labour from Russia apparently
https://www.stuff.co.nz/business/123...shing-industry

The Dairy industry has been crying out for staff for a long time.
https://www.stuff.co.nz/business/far...er-theyre-from

I haven't gone much beyond the headlines but based on these headlines something is not adding up to me. 2 of these are October 2020 headlines and one June 2020 all after the lockdown.
I currently have work sitting in an office but if push came to shove and I had no work I would hope I would take up work in these areas rather than living off everyone else. It doesn't sound like there is a shortage of jobs in NZ. It sounds more like a shortage of people willing to do them. It is hard to believe that all the unemployed are unable to find work especially while employers in productive industries are having to look overseas to find staff.