Feb 03 2011
… at least lets hope so right Unemployment rate rose to 6.8%, and the employment rate is at its lowest level since June 2003. Further (relative to seasonal) weakness in part-time employment was the kicker here – which is why total hours worked (the size of the labour input in a sense) still rose. Relative …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/03/labour-market-is-a-lagging-indicator/
Feb 01 2011
I am busy with labour market data (and the EPL transfer window), so you won’t get a good read on the report from me until later tonight, or even tomorrow. However, I was happy with the media release in the most part. Especially the discussion of tax bias toward housing (and away from interest bearing …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/01/savings-working-group-report-media-release-first-impression/
Jan 31 2011
Interesting series of quotes on the disaster that was think big. The years of media coverage have not been kind to the “think big” projects of the early 1980s – speculated to have cost taxpayers about $7 billion. … “It’s a peculiarity of New Zealand that both our main parties have been interventionist and it …
Permanent link to this article: http://www.tvhe.co.nz/2011/01/31/private-sector-fails-to-take-on-losers/
Jan 28 2011
After today’s discussion on food prices, it was interesting to see a speech out of the Reserve Bank. The speech was painting risks – so stating things that could occur that were both positive and negative (risks are not just negative things when your current forecasts “balance” risks). It was good, it raised issues, and …
Permanent link to this article: http://www.tvhe.co.nz/2011/01/28/more-on-commodity-booms/
Jan 28 2011
I have been crawling closer to writing about food prices for a while. Originally I was going to only write about distributional issues, but now I’m going to write a little more. A report released by NZIER yesterday afternoon suggested that New Zealand would be worse off, as a whole, if the relative price of …
Permanent link to this article: http://www.tvhe.co.nz/2011/01/28/pricey-food-and-new-zealand-net-and-distributional-issues/
Jan 27 2011
There has been a lot of talk about savings and rebalancing. I’m not going to touch this stuff in much detail until the Savings Working Group releases their final report. But in any case, I do need to say a little something now. I didn’t like the interim report from the savings group (but remain …
Permanent link to this article: http://www.tvhe.co.nz/2011/01/27/saving-and-consumers-a-note/
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