Automation and jobs not a bad debate: https://t.co/NZjeEHHMsj
9/06/2018 1:35 PM
RT @PositiveMoneyUK: "“Private banks have shown that they cannot be trusted with the privilege of money creation,” said Fran Boait, the exe…
9/06/2018 1:31 PM
RT @Adherium: “As we look at it, being able to bring innovative solutions that improve the medicine and improve the economics is not only i…
7/06/2018 8:24 AM
RT @StephanieKelton: Last two slides I'm going to share from recent talk. Now go out there and get it right. Please. https://t.co/kQuuTV5L…
7/06/2018 8:19 AM
RT @TheEconomist: Why power imbalances might play a big part in the rich world’s wage stagnation https://t.co/HIckZksVG9
5/06/2018 4:13 PM
RT @JamesBCGreens: @NathanHRubin The Narcissist's Prayer: It didn't happen. And if it did, it wasn't that bad. And if it was, that's not a…
5/06/2018 4:02 PM
More on iPace... https://t.co/yVOChQIXuy
4/06/2018 9:35 PM
This Is the one...https://t.co/xKpERmL22t
4/06/2018 9:34 PM
Worth a watch - sound history...Good conclusions. https://t.co/jNzMo2wg8l
4/06/2018 9:33 PM
RT @TheEconomist: A study finds nearly half of jobs are vulnerable to automation https://t.co/ynYeJA6fIY
3/06/2018 2:20 PM
Recent Post Comments
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.

Print-friendly
8
APR 10

Stop Farming Capital Gains - they are mostly a tax free illusion.




More on the theme of fiscal policy driven warped behaviour, take a look at this link from Cameron Bagrie at the ANZ:


“New Zealanders need to accept that the economic model of the past 20 years, which is borrow and spend-style growth, is an unsustainable model. The rural sector needs to accept … you’re not going to see the big speculative asset price booms. The value of your asset needs to be determined by yield and cashflow.”


The full article is here:

http://www.agridata.co.nz/blog/2010/04/06/focus-on-productivity-not-capital-gains/#more-3094

 

It might also be worth looking a my presentation slides 20 to 24 are most in this respect, they are here:

http://www.fabians.org.nz/images/stories/RES-BC-JW-As.pdf

 

All up we have been stuffed by the fiscal incentives to chase capital gains, not yield and cashflows.


As this unwinds it will hurt – and the policy response is what?
 


tags: anz, cameron bagrie, capital gains, cashflow, tax free
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.