Topics

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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, …

Read More »

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, …

Read More »

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 …

Read More »