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The pandemic budget: moving NZ from critical care to long-term recovery

Norman Gemmell, Te Herenga Waka — Victoria University of Wellington May 14’s budget will surely be remembered as the “pandemic budget”. It might seem like the worst possible timing – economic uncertainty rages, Treasury has had to abandon its usual economic “forecasts”, and the pandemic’s viral economic spread is far from over. On the contrary, this may be very good …

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NZ’s pandemic budget is all about saving and creating jobs. Now the hard work begins

Jonathan Boston, Te Herenga Waka — Victoria University of Wellington Budget 2020’s focus on “jobs, jobs and jobs” is understandable, commendable and vital. COVID-19 poses the largest threat to paid employment since the Great Depression almost 90 years ago. The number of people receiving Job Seeker Support (Work Ready) – the main benefit available for the unemployed – rose almost …

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Suse Reynolds: Startups key to NZ’s revival

New Zealand’s startups and their founders are our untapped powerhouse of problem solvers, says Suse Reynolds. Startups are not SMEs. We are talking about a cohort of super ambitious, high growth, tech-rich businesses with highly driven teams which are generally venture investment-backed. These businesses are developing solutions to problems with highly valuable, large and sometimes new, markets. They are businesses like …

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Graham Adams: The Perils of Premature Congratulation

In ancient Rome, a victorious general would parade through the city to the temple of Jupiter in a gilded chariot amidst a frenzy of adoration. But to keep the triumphant commander tethered to reality, the trusted slave holding a laurel wreath above his head would whisper repeatedly in his ear: “Memento mori” — “Remember you are mortal!” It is advice Jacinda Ardern …

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Fiona Cooper: Making trans-Tasman travel safe again

The Covid-19 pandemic has severely impacted the tourism sectors in New Zealand and Australia and worldwide. Travel underpins the highly valuable two-way trade and investment relationship. Before the outbreak of COVID-19, New Zealand was the most popular outbound travel destination for Australians with 1.5 million visiting in 2019, and trans-Tasman travel accounting for 40% of all foreign visitors here. Likewise, …

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Alex Duncan: Government needs a wide net to promote recovery

Government should take short-term equity stakes in Covid-19 afflicted companies – rather than free money, says Alex Duncan. Before the Covid-19 crisis, government debt was around $64 billion, or about 20% of Gross Domestic Production (GDP).  Achieving this took years of hard political graft and fiscal discipline by governing parties on both sides of Parliament. It is just as well, …

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Ian Powell: Let’s not over glorify Government’s performance fighting Covid

In assessing the effectiveness of the Government’s response to the Covid-19 threat it is important to distinguish between responsiveness and preparedness. The better the former, the greater the likelihood of glossing over weaknesses in the latter. New Zealand’s response to Covid-19 has been extraordinary.  Compared with much of the rest of the world we have per capita very low death …

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Why a trans-Tasman bubble makes sense for Australia & New Zealand

Freya Higgins-Desbiolles, University of South Australia and James Higham, University of Otago We are hearing increasing talk about a trans-Tasman “travel bubble”, which could see Australia and New Zealand open their borders to each other. New Zealand Prime Minister Jacinda Ardern was a special guest at Australia’s national cabinet meeting on Tuesday, which discussed the possibility of setting up a …

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Trans-Tasman bubble opportunity for Australia & NZ to reduce China dependence

Hongzhi Gao, Te Herenga Waka — Victoria University of Wellington and Monica Ren, Macquarie University When it comes to our economic over-reliance on China, New Zealand consumers need look no further than their most popular big box chain, The Warehouse. The familiar “big red shed” sourced about 60% of its home brand stock from China in 2017 – and a …

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3 times Michael Moore’s film Planet of the Humans gets facts wrong (and 3 times it gets them right)

Ian Lowe, Griffith University Documentary maker Michael Moore’s latest offering, Planet of the Humans, rightly argues that infinite growth on a finite planet is “suicide”. But the film’s bogus claims threaten to overshadow that message. Planet of the Humans is directed and narrated by longtime Moore collaborator Jeff Gibbs. It makes particularly contentious claims about solar, wind and biomass (organic …

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