The NZ Economy

[Recaster]

The trouble with Nissan Leafs (Leaves?) is that you look like a total dork driving one.

Ok if you're 80 years old and have no game but for the rest of us they're not an option.

Popular with accountants though I believe.

You could save a lot of money by moving to Otara and shopping at the local markets too.

[SCOTTY]

Well, I'm in my 80's and have absolutely no intention of trading my Jag for a Nissan Leaf 😂

[Scooter]

The trouble with Nissan Leafs (Leaves?) is that you look like a total dork driving one.

Ok if you're 80 years old and have no game but for the rest of us they're not an option.

Popular with accountants though I believe.

You could save a lot of money by moving to Otara and shopping at the local markets too.

Well I drive one and I got it in my 30s. Nothing better than being next to a v8 or boy racer and putting my foot down and leaving them behind. These cars have some grunt if you want to drive them.   Yes does use battery up faster though 😂

[Recaster]

Well, I'm in my 80's and have absolutely no intention of trading my Jag for a Nissan Leaf 😂

Jags used to be cool until the last ad campaign with all the transgenders.

Now they're called Faguars.

There was talk that that advert would bankrupt the company but they're actually an Indian car company now owned and backed by Tata Motors.

[Waltzing]

Now look the price of oil is going to go up. Please listen if you can the Kanga PM... i know hes hard to understand...

But think a cross between a Taranaki ascent and Bluff... im sure we all have distance family that come from these much loved regions and we can understand these dialects and ascents...

Anyway the AUS PM made it clear to the TRADIES of the nation that he understand that these a trying times...

Most likely there will be darker days ahead...

https://www.youtube.com/watch?v=wgJlse93dr8

[Waltzing]

We all know that for an economy to really bloom all its peoples from all walks of life need to be able to express themselves and reach there potential and while sometimes we may find some things humorous about society one of the things that protects the NZ economy is its bill of right passed by G Palmer...

It could be what bring peoples from all over the world to this country and allows them to participate in society and that could be what keeps the NZ feeble GDP going ... somewhere ..

But for this country to go anywhere all "A PEOPLES" of all genders race and creed are going to need to be accepted.. by all..

[Recaster]

We all know that for an economy to really bloom all its peoples from all walks of life need to be able to express themselves and reach there potential and while sometimes we may find some things humorous about society one of the things that protects the NZ economy is its bill of right passed by G Palmer...

It could be what bring peoples from all over the world to this country and allows them to participate in society and that could be what keeps the NZ feeble GDP going ... somewhere ..

But for this country to go anywhere all "A PEOPLES" of all genders race and creed are going to need to be excepted.. by all..

Do you always drink and write?

[Waltzing]

Slightly off topic:

NZ bill of rights as we all know the first UK was this one...

https://en.wikipedia.org/wiki/Bill_of_Rights_1689

NZ Bill here...

https://en.wikipedia.org/wiki/Geoffrey_Palmer_(New_Zealand_politician)

https://www.legislation.govt.nz/act/public/1990/109/en/latest/#DLM224792

"all genders race and creed"

"It is frequently found in:

Recruitment & Job Postings:

Used by organizations like the UNSC Marine Corps RPG or StoryToys to emphasize equal opportunity and a welcoming environment.

Professional Gatherings:

For example, Lloyd's of London has used the phrase to describe the diverse group of insurance professionals who gather for solemn occasions.

Online Communities:

Discussions on platforms like Reddit often use it to describe the diverse makeup of gaming and fan communities."

"Drink and Write"  Iron Man and International single sculling rowing events are best competed in sober...

[Basil]

ASB economists opine on the current state of the economy
https://www.asb.co.nz/content/dam/asb/documents/reports/economic-weekly/asb-economicweekly_07042026.pdf?et_rid=MzYwNDkwNzg1NDE4S0&et_cid=10150467

[Basil]

https://www.cnbc.com/2026/04/07/trump-iran-ceasefire-hormuz-strait.html

Lets hope and pray that the ceasefire holds, that cool heads and common sense prevails and this leads to peace in the Middle East.
Oil down 9% already according to CNBC.

Risk on environment or is the market correctly pricing the risks and rewards ?  What do you guys think ?  (Dow futures up 700+ points at the time of this post).

[Shareguy]

https://www.cnbc.com/2026/04/07/trump-iran-ceasefire-hormuz-strait.html

Lets hope and pray that the ceasefire holds, that cool heads and common sense prevails and this leads to peace in the Middle East.
Oil down 9% already according to CNBC.

Risk on environment or is the market correctly pricing the risks and rewards ?  What do you guys think ?  (Dow futures up 700+ points at the time of this post).

Yes great news. Another TACO. I see stock movements more aligned with where interest rates are heading. Iran to my knowledge has not agreed to the ceasefire yet.

[BlackPeter]

https://www.cnbc.com/2026/04/07/trump-iran-ceasefire-hormuz-strait.html

Lets hope and pray that the ceasefire holds, that cool heads and common sense prevails and this leads to peace in the Middle East.
Oil down 9% already according to CNBC.

Risk on environment or is the market correctly pricing the risks and rewards ?  What do you guys think ?  (Dow futures up 700+ points at the time of this post).

Good news, whether they are true will be seen.

https://www.nytimes.com/live/2026/04/07/world/iran-war-trump-news
(sort of paywalled, but I think 10 articles are free ...)

At this stage it sounds, the Iranian army is still attacking (15min ago in Kuwait and 30 min ago in Israel), but hey - internal communication is probably not as good anymore.

Whether it will turn into a real ceasefire and whether it will hold? Impossible to predict. But I guess as long as the RevGuards see that they can keep terrorizing their own people and as long as Trump is praised enough forsaving the peace (cough, coungh), things might normalise.

[BlackPeter]

The other question is - in two weeks it would be 8 weeks of war. Isn't there some rule in the US that at some stage the senate needs to approve the war? But sure, given that Trumps Reps are all spineless, this won't be an isuue, either ...

[LoungeLizard]

The fact that Irans 10 point plan is being used as the basis for a settlement rather than Trumps 25 point plan is significant. Iran's plan was dismissed only two days ago as being "maximalist" and therefore unworkable. All of a sudden it's workable.

The plan includes the Straits of Hormuz being under Iran's control and reparations would be paid through a toll system. It included Irans right to continue to enrich Uranium. It included that any peace settlement would have to be a permanent arranged and include Lebanon. And the peace settlement would be binding on Israel who continue to bomb Gaza despite a "ceasefire" supposedly in place.

It would take a massive climbdown from Trump for him to agree to the core of Iran's 10 point plan. Netanyahu too. I can't see that happening so I suspect this will be just a hiatus (maybe not even that) and then a resumption of full hostilities and more of Trumps threats.

[Recaster]

Gutless overpaid clown at the rbnz has left rates on hold.

Decided to rape savers some more in the face of high inflation.

Totally consistent with the corrupt country new zealand has become.

She was brought in for this purpose of course.

Shameful.