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One key to happiness is not letting your expectations run ahead of what is possible, as that only leads to disappointment. But what has been announced thus far makes for a depressing Budget Day. Read more
Those on the economic right sometimes wish for flat taxes. If inflation continues to run at 7 percent and the country’s tax thresholds do not change, we will eventually wind up with one. Read more
The ACT Party has said that its time to face reality on the superannuation age as it would save the tax payer over $16 billion over the next 12 years. Eric Crampton joins Wallace Chapman on Radio NZ The Panel to discuss this issue and how it could work in New Zealand. Read more
John Ryan (former Auditor-General) has raised concerns about the transparency of the Government's Covid response fund. He says MPs and the general public haven't been getting enough information about how the $74 billion fund is being spent. Read more
Successful economies have low unemployment. However, these are no ordinary times, and New Zealand’s ultra-low unemployment rate of 3.2% should worry everyone. Read more
Last week, Inland Revenue Minister David Parker gave a speech titled “shining the light on unfairness in the tax system”. His speech defended an Inland Revenue investigation into the “tax paid by the wealthiest New Zealanders relative to their economic income”. Read more
American businessman Bert Lance is credited with popularising the phrase, ‘If it ain’t broke, don’t fix it.’ Lee served as director of the Office of Management and Budget under President Jimmy Carter. He would have scratched his head at Labour back-bencher Duncan Webb’s Companies (Directors Duties) Amendment Bill. Read more
The government’s Te Hurihanganui sketches a radically different version of education in New Zealand. But what is it based on? Read more
Several large companies recently received hefty government handouts to install new boilers and heaters. This was all under the guise of decarbonisation, using money earmarked for the country’s Covid recovery. Read more
A week is not just a long time in politics. It is a long time for democracy. Read more