RT @monteiro: Next Friday. We’re out. The only thing Twitter cares about is engagement. Let’s stop giving it to them. Reclaim your life. Re…
13/08/2018 11:51 AM
RT @bernardchickey: ‘Heaven help us’ https://t.co/X8mdEKCi6X
1/08/2018 3:35 PM
RT @EvonomicsMag: Biologist Lixing Sun: "Existing data show that across the OECD nations, the higher the level of social trust, the greater…
30/07/2018 4:08 PM
RT @Adherium: Adherium Receives Additional U.S. FDA 510(k) Clearance, Setting in Motion a Full U.S. Consumer Launch of the @GetHailie ™ Sol…
30/07/2018 4:03 PM
RT @garths: @Smartinhaler @Adherium "Should We Make A "Smart" NHS?" via @forbes https://t.co/soC1TVv5Yr
30/07/2018 4:00 PM
Chinese Citizens Are Using Blockchain to Warn Each Other of Unsafe Vaccines https://t.co/bc8uVw9goZ #SmartNews
26/07/2018 5:03 PM
RT @Adherium: Adherium's @GetHailie solution, a sensor-based medication monitoring system, heads for direct-to-consumer sales with an eye o…
19/07/2018 8:46 PM
RT @bernardchickey: Awful, awful situation because we didn't invest in infrastructure and people to deal with an unprecedented population s…
28/06/2018 8:28 PM
Excellent preso from Steve Keen: https://t.co/z4nzCk3DpX
23/06/2018 10:02 AM
Automation and jobs not a bad debate: https://t.co/NZjeEHHMsj
9/06/2018 1:35 PM
Recent Post Comments
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1
MAY 18

Tax Working Group




The link to my submission to the Tax Working Group.

http://www.johnwalley.co.nz/files/Submission to Tax Working Group Final.pdf

It will be interesting what happens this time round, we can but hope that this time change will happen that will help rebalance our economy.

The...


tags: tax working group, capital gains tax, tax, carbon tax
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3
JUL 17

On The Land July 2017




How is the Reserve Bank going?

No real change from last time and as we have discussed before things on hold for a while yet. I still see late 2018 as first interest rate rise, currency has strengthened and inflation indicators are subdued. That said Canada, UK and USA central banks guidance is giving more emphasis on lifting rates


tags: reserve bank, on the land, currency, macroprudential, debt to income, housing, water
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29
MAY 17

Fake News - Alternative Facts - Threat to Democratic Debate




We have seen a lot about “fake” news, “alternative” facts?

• Two main elements – subjective reality v objective reality


What does the idea we are living in a “post” truth world really mean?

• Lose sight of objective facts and the we are in a world of opinion…
• Opinion does not have to be grounded..


tags: fake news, alternative facts, democracy conflict
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24
MAY 17

On The Land May 2017




TPP on life support, or TPP 11 the TPP less the USA. Given Japan who have long protected their agricultural sector and NZ can agree it might have legs:


tags: economics, election, brexit, greece, trump
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16
FEB 17

On the Land February 2017




Fair bit has happened since my last visit, a change of Prime Minister, an election date, and we can look forward to a change in Reserve Bank Governor. A the end of all certainties with the inauguration of Donald Trump, it's a pretty heady mix for us all.

No certainties but a few guesses the we are likely to see a resurgence of bilateral trade agreements rather than more multilateral...


tags: debt, currency, housing, keen, trump, whitehouse
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30
NOV 16

Talking to Rob again - On the Land




The end of year interview with Rob finished a bit more positive and probably more uncertain than the year opened Brexit, Trump and and the pacific rim with the TPP most places we depend on are a worry.

As mentioned in the interview closer to home are the comments from the RBNZ, here is the November MPS:


tags: rbnz, mps, financial stability, gdt auction
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11
OCT 16

On The Land October 2016




Background for the interview with Rob.

See the interview here:

https://www.youtube.com/watch?v=C8Ow2lYjsBQ&feature=youtu.be

There is a lot happening in the world, try and keep an open mind, many argue we are at the end of history but there are many things that are not settled and need...


tags: economics, housing, dairy trade, tax havens, political economy
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27
SEP 16

Thirty Years of Manufacturing New Zealand




Thirty Years of Manufacturing New Zealand

See presentation here:

https://1drv.ms/p/s!AoCNln6gsG1Tik6N8KqUEWpoy3ft

New Zealand was the first country to embrace inflation targeting, along with a raft of other polices that have come to be known as the broad neoliberal policy approach....


tags: manufacturing, exchange rate, currency, policy, debt, exports, complexity, value
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4
MAR 16

The New Dragons




There is an old saying: generals tend to fight the last war; a war they were themselves much exposed to the action forming solid memories of their fights. So it is with politicians and policy makers, confronted by a new world they cling to the learnings and responses of the past, fighting what was once real.

The set piece event that opens each year by the Reserve Bank Governor,...


tags: currency, inflation, growth, turner, gfc, debt, finance, keen, stability
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6
AUG 15

Land, Buildings and the Balance of Trade




Housing has been a growing issue in many, but not all, economies around the world. In New Zealand, it has been a standout problem that seems to be getting worse, a problem characterised by the Auckland housing market. Housing and land values underpin an issue that directly affects everyone, through higher living costs, driving higher inequality; asset price inflation can be damaging on...


tags: housing, tax, taxation, land, property, ireland, investment, investors, speculation, land tax