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Post by Deleted on Nov 23, 2022 19:54:29 GMT 12
With Orrs announcement today Ardern is fucked come election time.... Right in a. Recession!
Orr was fucked over by Robertson... But revenge will be sweet.
FUCKK OFF Stalinda you fucking horendous devisive asshat!
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Post by eri on Nov 23, 2022 20:36:19 GMT 12
National needed to drop this policy anyway. Cutting taxes for the top 2 percent of earners is not a middle New Zealand vote winner.
It was the biggest stick Labour had to hit them with and Reserve Bank Governor Adrian Orr just gave National the excuse they needed to throw that stick in the river.
The biggest risk to Luxon is this constant state of U-turn he's in. It's a trust problem now.
But for Labour, it's even worse.
A world of pain is coming. They were hoping this inflation crisis would be short and sharp, but it turns out election day may well be an economic doomsday with the Reserve Bank forecasting these dark economic clouds rolling into the end of next year.
Newshub understands the government is now running a massive ruler over its spending and looking at cutting loose some of the nice-to-haves rather than necessities.
good on luxon cutting the cut
let's hope labour can also learn to trim their spending
for the sake of the 16 year olds that will have to pay it back
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Post by armchairadmiral on Nov 24, 2022 6:56:08 GMT 12
The most disasterous government NZ has ever seen and possibly the worst in the western world. Just listened to Orr, Reserve Bank governor and he ,like Robertson is just a recording of Left wing socialist ideology .He doesn't or seems unable to see what they've done and the consequences. Just like Alan Greenspan in US of the Federal Reserve who never saw the last big crash coming (or said he didn't) until it ran into the brick wall. Sadly NZ is stuffed and the best we can hope for ,which won't help much, is that NZ becomes a State of Australia. Note that bimbo PM keeps a low profile these days,that's when she's in NZ. The $55m slush fund for bribing media must be running out ?
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Post by Deleted on Nov 24, 2022 16:07:26 GMT 12
Yip! . ... Deep down Jacunta knows she's hated and only supported by phsycophants 😂🤙
Her spin / media/ bullshit doctors must be hearing all the negative commentary and going WTF!!!...
There's nowhere to hide Jacunta!. . Nowhere!
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Post by armchairadmiral on Nov 24, 2022 19:35:00 GMT 12
Yes there is . The WEF and buddies in the UN will hide her in a big city bureaucracy
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Post by Deleted on Nov 24, 2022 19:51:22 GMT 12
Yes there is . The WEF and buddies in the UN will hide her in a big city bureaucracy I'm talking NZ ACA.... I think the UN can see she's a fake now!... Mind you the UN if full of dickweeds. |
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Post by ComfortZone on Nov 25, 2022 6:54:18 GMT 12
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Post by armchairadmiral on Nov 25, 2022 7:15:49 GMT 12
50% NZer's have got what they voted for. Labour promised change....didn't outline what. QED. Feel very sorry for the rest of us .
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Post by fish on Nov 25, 2022 9:42:05 GMT 12
The Reserve Bank is still running the Funding for Lending Programme. An un-named challenger bank drew down a significant sum earlier this week. FfL is like rocket fuel to inflation. So the RB still running FfL while rising interest rates is about as schitzo as you can get. The Reserve Bank (RBNZ) is expecting banks will be making more use of the Funding for Lending Programme (FLP), which ends in early December. In theory a further $8.5 billion could be taken up by the banks before the scheme ends, potentially taking the total amount borrowed through it to over $20 billion. The FLP was launched by the RBNZ in December 2020 to provide additional monetary stimulus to the economy to help the central bank meet its consumer price inflation and employment monetary policy remits by reducing banks’ funding costs and lowering their borrowers' interest rates. To date banks have borrowed $12.660 billion of three year money priced at the Official Cash Rate (OCR) through the FLP, led by ASB with $3.8 billion. When it was launched it was at a time of great economic uncertainty and there was the perceived need to keep pushing interest rates down. Now, with inflation at 7.3% and the RBNZ needing to push up interest rates to try to curb the inflation, the FLP is actually pushing against the tide. And the RBNZ has conceded that all things being equal the OCR is needing to be somewhat higher than would be the case due to the presence of the FLP. The RBNZ has, however, previously indicated that the FLP programme will stay in place till its originally planned end in December. www.interest.co.nz/banking/117283/rbnz-expects-flp-through-which-banks-have-already-borrowed-126-billion-will-be |
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Post by Fogg on Nov 25, 2022 15:46:18 GMT 12
Not much coverage if this crash in global dairy prices - 8 out if last 12 periods it’s down between 2-5%. That’s gonna hurt NZ GDP on export prices alone.  |
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Post by GO30 on Nov 27, 2022 10:38:10 GMT 12
Not much coverage of bugger all unless you go digging for it.
Someone earlier this wee said the Govt has given up any chance of re-election so is now going super hard to drive all their ideology into law before they get booted. That is not a hard thing to believe.
I see this morning it's been discovered they are trying to make a massively significant change to the basis of NZ laws to ensure future Governments can't change the racism Labour driving into NZ society, law and everything else.
It's now wonder sales of short barrel shotguns into suburban homes is at record levels. With NZ's fast growing number of rednecks, which do cover all political persuasions, the changes of all hell breaking loose are growing and fast. Jacindas legacy could very easily be a race war, I hope not but if one happens I'll not be surprised.
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Post by Fogg on Nov 27, 2022 13:10:08 GMT 12
We meet a lot of youngsters in their 20/30s as part of bringing up our 2 young kids (nannies, babysitters, teachers, nurses etc). Many of them are internationals recently arrived in NZ looking for a better life - but the stories of disappointment that their NZ experience is not like the brochure, means an alarming % are considering either trying AUS instead or returning home. It’s now rare to hear someone say they are happy and plan to stay in NZ longer-term, as it used to be. The only people I know you are saying that are recently arrived Ukrainians.
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Post by eri on Nov 27, 2022 14:54:52 GMT 12
10 years of national under businessman key turned nz into a country people want to move to and expats wanted to return to
5 years of labour under caring jacinda has turned nz into a country kiwis are planning to leave and migrants are turning away from
wonder how bad it would get under labour's planned super-expensive ethno-state where everyone but maori would be 2nd class citizens
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Post by Deleted on Nov 27, 2022 15:05:45 GMT 12
Jacunta,et Al, have plenty of time to further fuck NZ.
Not missing Jacindaville one bit and the super is 👍, my ROI on term dep @5% is looking nice.
Of into the hinterland tommorow.
Lifes good and 2 of my mates are moving over next year.
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Post by em on Nov 28, 2022 8:51:51 GMT 12
We meet a lot of youngsters in their 20/30s as part of bringing up our 2 young kids (nannies, babysitters, teachers, nurses etc). Many of them are internationals recently arrived in NZ looking for a better life - but the stories of disappointment that their NZ experience is not like the brochure, means an alarming % are considering either trying AUS instead or returning home. It’s now rare to hear someone say they are happy and plan to stay in NZ longer-term, as it used to be. The only people I know you are saying that are recently arrived Ukrainians. So having worked in the superyacht industry and been to a few amazing places no doubt and you seem to have the ability to work from anywhere with reliable internet providers ….where would be your ideal place to live ? Not having a dig just interested in hearing your ideas . We are not able to Move but I often think of places where we might’ve had a better lifestyle and I can’t think of any ? Im not saying I’m happy with the nz political environment right now but physically and geographically it’s the best place I can think of at the moment . But to be fair we have what we think is a nice property . close to the nearest town and only 10 mins to the yacht club but also very remote , our driveway is 1km long and we have no neighbours north of us for 10km just 1000s of acres of bush reserve and pine plantation . Our biggest physical fear is cyclone remnants blowing our house off the hill or actual cyclones if the water warms up in the future . Emotional fear would be geopolitical instability in the northern hemisphere and the risk that poses for family members that live there . as for young people coming here they can’t expect to buy in Queenstown etc straight away and our young people going offshore similarly can’t afford to buy straight into the top holiday spots/cities offshore either . And to be absolutely fair apart from better pay offshore most of the rest of the world has serious issues at the moment so unless you have plenty of disposable folding your dream life options are limited …that’s dream life not dream holiday . |
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