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Daily review 02/03/2021

Cricklewood 3 Have to say the recent comments from Jacinda regarding calling out those not following the rules is a miss step I know she said to do it nicely etc but from what I ve seen today at least some people havent seen that part. Saw someone getting really nasty to a stranger at countdown and the calls to punish the rulebreakers are I think counterproductive. All it will achieve is a climate of fear where people refuse to talk for fear of being singled out. Its completely counter productive. David 3.1 Agree. I think the messaging from the PM has been off point in 2021. I’m surprised given it was very clear in 2020.

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Open mike 03/03/2021

Frist – The government has distributed Covid Cash to employers with gay abandon – not so fast Hoss please hold your horse. You actually have to fill out forms, provide all business and employee details for every employee for which you then get a set amount depending on the criteria and besides in order to get that sweet sweet easy Covid Cash you actually have to prove to have lost quite a bit of business before Grant Robertson is happy to part with what he seems to consider his money. So much so that many businesses in NZ only received the original payment for lockdown l4 that was handed out to pretty much every one in NZ. Never mind, blame everyone for the big businesses that did not need it but took it anyways.

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Open mike 25/02/2021

alwyn 14.1.2.1.1 I think it is a desperate attempt by Robertson to try and set up the RBNZ as the people who cop the blame for the shambles that this Government has been making of the housing market for the last three and a half years. I suspect it will backfire on him (Robertson). Orr is far to smart to allow Robertson to get away with such a transparent attempt to pass the parcel. Orr is quite likely to take it as an invitation to tell Robertson, publicly, what he thinks will be required to fix the housing situation. Nothing he proposes will be something the the RBNZ can do. Everything will be something that requires fiscal action by Robertson himself. It will be on the basis of If you don t do this it will get worse . What he will suggest is very unlikely to be acceptable to the Government but Orr can then continue in the future to propose that if the Government had only followed our advice…… etc .

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Open mike 15/02/2021

Owning a home provides security that no amount of rental law cannot. The trouble is that house prices do not reflect the cost of owning a home. They reflect the cost of the expected medium-term capital gains (post bright-line). It wasn t a problem when they reflected the expected gains upon retirement and downsizing, but now who honestly expects to be in that house for thirty years? Or do they expect to flip it in ten years or so? Ad 1.2.1.1.2.1 Agree with the security bit. I ve seen the pro s and cons of home ownership debated at length in New Zealand literature. They re pretty even.

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Open mike 14/02/2021

Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the Policy). Step up to the mike …

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