The Economy

Started by Shareguy, Jul 25, 2023, 09:23 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Print
Go Down Pages 1 ... 5 6 7 8 9 ... 12
User actions

Waltzing

#94
May 20, 2024, 01:44 PM
More to come ...

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

Waltzing

#95
May 20, 2024, 05:53 PM
This could go under politics as well .. departmetn spend up apparently... lack of accounting people with banking loan experiance?

remember those applications for RBNZ?  no financial experiance required or something? Tree Painting experiance maybe?

https://www.nzherald.co.nz/nz/politics/pm-christopher-luxon-fronts-housing-announcement-amid-kainga-ora-review/WJJQFZKUTRAUXMHBICWJBK24W4/

Waltzing

#96
May 24, 2024, 08:49 PM
Well the housing market due to peak again in 2029 ...  no big reset to more afforbale housing?

https://www.nzherald.co.nz/business/house-prices-wont-return-to-2021-peak-until-after-2029-forecaster-says/QHU7RDUPDBFEVAN6R2HLXYPEWU/

Waltzing

#97
May 25, 2024, 07:34 AM

Henry Filth

#100
May 31, 2024, 05:54 PM
In a proper tax system, the income tax brackets would be adjusted annually, and fiscal drag would disappear.

However New Zealand governments of all colours and stripes have grown accustomed to the invisible yet steady lift in tax revenue.

Basil

#101
May 31, 2024, 06:00 PM Last Edit: May 31, 2024, 06:02 PM by Basil
Quote from: Henry Filth on May 31, 2024, 05:54 PMIn a proper tax system, the income tax brackets would be adjusted annually, and fiscal drag would disappear.

However New Zealand governments of all colours and stripes have grown accustomed to the invisible yet steady lift in tax revenue.
I agree 100%.  Its 14 years since the 17.5% tax band topping out at $48,000 was adjusted.  It's gone up a bit now, thankfully, but if inflation adjusted it should now be $68,000. (source RBNZ inflation calculator)  Only a minor amount of progress was made yesterday towards what would be a fair and proper tax bracket adjustment.  I guess something is better than nothing.

Waltzing

#102
Jun 08, 2024, 09:07 AM Last Edit: Jun 08, 2024, 09:09 AM by Waltzing
US jobs reports comes in 272.. not rate cuts anytime soon... not NZ economy but if rate stay higher in US yield on the 10 year is bouncing up today..

money goes where the yield is risk free?

money could drain farther or not arrive for the NZ markets...

who would want to invest in a country with low growth... hopefully NZ can show some green soon,,, somewhere..

https://www.cnbc.com/2024/06/07/jobs-report-may-2024-us-job-gains-totaled-272000-in-may.html

Waltzing

#103
Jun 08, 2024, 05:15 PM
Print
Go Up Pages 1 ... 5 6 7 8 9 ... 12
User actions